Hyperliquid, Pump.fun account for nearly 90% of record $638M crypto buybacks: FT

Bullish-33.34%

31 Aug, 11:21

Source: Cointelegraph

AI Summary

Crypto projects spent a record $638 million on token buybacks in 2026, with Hyperliquid and Pump.fun accounting for nearly 90% of the total, signaling strong revenue return to token holders.

Hyperliquid, Pump.fun account for nearly 90% of record $638M crypto buybacks: FT

Crypto projects spent a record $638 million on token buybacks so far in 2026, as more protocols are turning their revenue into buybacks to return more value to token holders.