[dYdX Releases Annual Ecosystem Report: Total Trading Volume Exceeds $1.55 Trillion, Buyback Scale Expanded to 75% of Net Revenue] According to a report by Jinse Finance, the dYdX Foundation has released the 2025 dYdX Ecosystem Annual Report. The report reveals that its historical cumulative trading volume has surpassed $1.55 trillion, with Q4 2025 trading volume reaching $34.3 billion, marking the highest quarterly volume of the year. Q2 trading volume was approximately $16 billion. In terms of product expansion, dYdX has launched Solana-native spot trading and, through governance approval, has expanded the buyback scale to 75% of the protocol's net revenue. Regarding execution, distribution, and governance, dYdX remains focused on building a lasting foundation to support sustained engagement and long-term development as on-chain derivatives continue to grow and mature.