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.
Watchlist
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.
Original source
Read on CointelegraphRelated market context
Hyperliquid reports $3M daily revenue as top onchain protocols hit weekly highs
The surge in onchain protocol revenues highlights the growing importance of decentralized finance models over traditional stableco...
Hyperliquid News: HYPE Tests New Highs Following Loans Going Live
In Hyperliquid news, HYPE is at $91.19, down a modest -1% today, just $3 off the record high it printed earlier this week. Not bad...
Hyperliquid hits all-time high of $92 amid new borrowing feature
The rise in Hyperliquid's value highlights increased utility and demand, but future growth faces potential regulatory and competit...
Hyperliquid open interest surges above $8B, hits all-time high
Hyperliquid's rise highlights the growing shift towards decentralized finance, challenging traditional derivatives markets and exp...
Hyperliquid tops year-to-date revenue rankings with $429M generated
Hyperliquid's revenue success highlights the potential and risks of relying on buyback mechanisms, emphasizing the need for strate...
Anthropic’s potential $2 trillion IPO is fueling an $80 million crypto trade
Anthropic’s prospective $2 trillion IPO has already spawned nearly $80 million in crypto derivatives bets before its public debut....