In 2025, projects spent over $1.7B on token buybacks. But for many, prices stayed flat.
Here's what was removed from circulation in 2025:
•
$HYPE : 32.35M HYPE | 13.57% of circulating supply
•
$RAY : 28.35M RAY | 10.55%
•
$PUMP : 55.48B PUMP | 9.4%
•
$ZRO : 75.72M ZRO | 16.7%
• $GMX : 2.96M GMX | 28.54%
2026 buyback announcements so far 👇
• $AAVE : $50M annual buyback program continues
• $AVNT : 30% of daily revenue for buybacks
• $OP : ~20M tokens to be bought in 2026
• $MON : Category Labs announced potential $30M MON buyback in H1 2026.
• $PENDLE : 80% of revenue routed to buybacks, redist