{"id":53615,"date":"2025-10-18T21:16:39","date_gmt":"2025-10-18T21:16:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=53615"},"modified":"2025-10-18T21:16:39","modified_gmt":"2025-10-18T21:16:39","slug":"hyperliquid-crushes-competition-with-46-of-all-token-buybacks-in-2025","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=53615","title":{"rendered":"Hyperliquid Crushes Competition with 46% of All Token Buybacks in 2025"},"content":{"rendered":"
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Hyperliquid is leading the token buyback in 2025, according to CoinGecko. The platform has allocated over $644.64 million in revenue to repurchase its HYPE tokens through its Assistance Fund, which represents 46% of all token buyback spending this year.<\/p>\n

In fact, Hyperliquid\u2019s buyback efforts are equivalent to the combined spending of the next nine largest buybacks.<\/p>\n

HYPE Buybacks Overshadow Market<\/h2>\n

To date, at least 21.36 million HYPE tokens have been repurchased. This figure accounted for roughly 2.1% of the total supply. Monthly buybacks have averaged $65.50 million, fluctuating from $39.14 million in March to a peak of $110.62 million in August, with an average repurchase price of $30.18 per HYPE.<\/p>\n

To put this into perspective, LayerZero ranks as the second largest token buyback, having spent $150 million in September to repurchase 5% of its ZRO supply, with an average price of $3.00. However, this was a one-off discretionary buyback, and CoinGecko expects<\/a> Hyperliquid\u2019s ongoing program to maintain its dominance.<\/p>\n

Meanwhile, Pump.fun occupied<\/a> the third spot as it spent $138.17 million on repurchases since July, averaging $40.47 million per month, and capturing 3% of its total supply. While Pump.fun\u2019s average buyback price of $0.0046 places its repurchased tokens at a paper loss following the October 10 crypto crash, the program demonstrates a strategic approach to supply management.<\/p>\n

Raydium, the Solana-based DEX, leads in token buyback-and-burn activity after spending $100.35 million since 2022. Other notable projects include Rollbit ($27.93 million), Bonk via Bonk.fun ($27.30 million), Tron\u2019s Sun platform ($3.03 million), and exchange WOO ($1.68 million).<\/p>\n

Overall, CoinGecko identified 28 projects implementing meaningful buybacks in 2025, amidst a growing trend in the industry as projects explore buybacks as a mechanism to return value to holders and incentivize long-term engagement.<\/p>\n

Token Buybacks Boom<\/h2>\n

Zooming out, token buybacks have surged to over $1.40 billion so far in 2025. The trend was largely fueled<\/a> by Hyperliquid. On average, crypto projects have spent roughly $146 million per month repurchasing their tokens this year. A significant spike in September\u2019s figures was linked to LayerZero\u2019s one-off $150 million repurchase, though CoinGecko clarified that this announcement likely distorted month-to-month comparisons.<\/p>\n

Excluding that, September\u2019s total buyback spending stood at $168.45 million. Interestingly, the pace of buybacks has accelerated in the second half of 2025 as spending saw a jump of 85% month-on-month in July. As of mid-October, projects have already spent almost $89 million, putting the month on course to log a fourth straight period above the first-half average of over $99 million.<\/p>\n

The post Hyperliquid Crushes Competition with 46% of All Token Buybacks in 2025<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Hyperliquid is leading the token buyback in 2025, according to CoinGecko. The platform has allocated over $644.64 million in revenue to repurchase its HYPE tokens through its Assistance Fund, which represents 46% of all token buyback spending this year. In fact, Hyperliquid\u2019s buyback efforts are equivalent to the combined spending of the next nine largest […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-53615","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/53615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53615"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/53615\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}