Several Solana-based projects are actively engaging in token buybacks, according to data compiled by Arcium's fabiano.sol. deBridge has repurchased 3% of its tokens using 100% of its revenue. Marinade allocates 50% of its monthly fees for MNDE buybacks, with the DAO deciding on their subsequent use. Jupiter has repurchased 1.37% of its tokens using 50% of protocol fees, though the fate of these tokens is still under discussion.
Jito annually buys and burns over 1.1% of its total JTO supply, while LetsBonk uses 50% of its fees to purchase and burn BONK from the open market. Metaplex dedicates 50% of its monthly protocol income to MTPLX buybacks. Raydium has repurchased 5% of its total RAY supply using 12% of transaction fees. Pumpfun generates over $1 million daily, fully allocated to buybacks, and Streamflow uses 39% of its protocol income to purchase and distribute STREAM to stakers.
Solana Projects Intensify Token Buyback Strategies
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