dYdX 2025 Report Card: $1.55 trillion in trading volume surpassed, token holders exceeded 100,000

TokenomicsTrapper · 2026-01-18T01:40:11+00:00

dYdX Foundation releases the 2025 Annual Report, with total trading volume surpassing $1.55 trillion, and Q4 becoming the highest trading quarter of the year. The DYDX buyback program has been expanded to 75%, and the number of token holders has increased to approximately 98,000, demonstrating a continued rise in community engagement and market enthusiasm.

TokenomicsTrapper

2026-01-18 01:40:11

Abstract generation in progress

【Crypto World】The dYdX Foundation has just released the 2025 annual report, with impressive data.

Let’s look at trading volume first—cumulative trading volume has surpassed $1.55 trillion, and the adoption of on-chain derivatives infrastructure is steadily increasing. The quarterly performance is also quite interesting: Q2’s $16 billion trading volume rebounded to $34.3 billion in Q4, making Q4 the strongest quarter of 2025. This indicates that market enthusiasm for derivatives trading continues to grow.

At the protocol level, there are also developments. The DYDX buyback plan has been approved by governance, with the scale further increased to 75% of the protocol’s net revenue, meaning more profits will be reinvested into the community. Token holder participation is also rising—in late 2025, the number of DYDX holders reached approximately 98,000, and the community size is expanding steadily.

From this report, it is clear that dYdX is making steady progress in infrastructure development and ecosystem expansion in the derivatives sector.

DYDX-2,15%

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DoomCanister

· 17h ago

1.55 trillion? Purely exhausting... dYdX is indeed working seriously, but honestly, this data didn't shock me much. After so many years of derivatives trading, it's still the same group of people playing. Having 98,000 holders surpassing 100,000, so what? It depends on whether they are genuinely participating or just air troops.

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GateUser-9f682d4c

· 18h ago

1.55 trillion, wow, this number is pretty impressive Q4 doubled in growth, this is the kind of performance it should have 75% buyback, damn, the community is really being taken seriously 100,000 holders are still increasing, feels like dYdX is about to take off Derivatives have really exploded this year, I've been saying this is the trend for a while

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rugged_again

· 18h ago

1.55 trillion? Doubling in Q4, this momentum is quite fierce --- Repurchasing 75% of revenue, this ratio is really generous, the number of holders is almost 100,000, and the ecosystem is still growing --- In the derivatives sector, dYdX is really serious about building infrastructure, not just talking --- From 16 billion to 34.3 billion, the rebound in Q4 was quite fierce, and the market's appetite for derivatives is growing --- Community size is steadily expanding, but with 98,000 holders, it still depends on whether they can retain them in the future --- Following the plan is truly the right approach, no rush, this is what should be done

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BearMarketSurvivor

· 18h ago

1. 1.55 trillion in trading volume? Doubling in Q4, this wave of derivatives has indeed taken off. 2. dYdX is not simple; repurchasing 75% of protocol revenue—this is truly feeding the community. 3. Surpassing 98,000 holders, finally a project is seriously building the ecosystem. 4. Trading volume more than doubled from Q2 to Q4. Can air energy rise this high? These numbers are quite impressive. 5. Over 100,000 holders and expanded buybacks... now that's sustainable, unlike some projects. 6. Infrastructure for derivatives is definitely the future; dYdX is positioning itself well. 7. Trading volume surged but community expansion slowed; conversion rate still needs to be observed. 8. 1.55 trillion sounds incredible, but the growth rate in Q4 indeed shows the market is taking participation seriously. 9. Buyback plan approved, with a 75% ratio—this gives the community real hope. 10. The "infrastructure" in the derivatives track, simply put, is about building an ecosystem moat.

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