Daily Alpha and Summary. March 25, 2025

DeFi

dYdX has launched first ever buyback program, allocating 25% of protocol fees to buy DYDX on the open market. This could result in over $11M worth of DYDX being purchased annually, based on last year’s revenue.

BNB Chain launched Round 3 of its Permanent Liquidity Program, dedicating $100M to encourage the listing of BNB native tokens on CEXs

Nillion token and alpha mainnet went live

Berachain proof of liquidity is live Bera APY looking good here, even staking NFTs earn you BGT

State of the Market

Trump Media and Crypto[.]com partner to launch series of ETFs and ETPs comprised of digital assets BTC, CRO in the future pending regulatory approval

Trump said he hopes the Feds cut interest rate

Trump plans to tariff countries on Automobiles, wood and chips in coming weeks