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.
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Archive context. The story has cross-source confirmation.
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.
Why this matters
Hyperliquid is showing up inside the Memecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
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