1/ $1.2B in Buyback Inflows Absorbed 4.59% of Circulating Supply Across 8 Major Protocols 🔥 In a year dominated by token unlocks and inflationary emissions, buybacks have become one of the few measurable forms of supply absorption. Here’s how the numbers stack up 👇

2/ ⭐️ Why It Matters This year’s market has seen record unlocks, with over $1.12B in new tokens entering circulation across leading projects. Buybacks are one of the few mechanisms showing real supply absorption, a reflection of protocols using actual capital instead of inflationary rewards to manage supply pressure.

3/ 📊 Aggregate Buyback Overview (As of Oct 2025) Total Inflow Value : $1.2B Average Supply Absorbed: 4.59% of circulating supply Top 3 by Value $HYPE : $916.66M (76.38%) $PUMP : $151.12M (12.59%) $JUP : $62.2M (5.18%) Together, these three project for 94.1% of total buyback value tracked.

4/ 🔁 Buybacks vs Emissions Across all 8 protocols, buybacks offset ~110% of total emission value this year.

6/ 📈 Market Trend • Buyback activity peaked during Q2–Q3 2025, aligning with major unlock periods. • Meme and retail-focused tokens (, Bonk) displayed stronger relative absorption compared to DeFi names. • Revenue-linked repurchases (Hyperliquid) showed more consistent execution across market cycles. Buybacks are evolving from one time burn events into structured, ongoing supply programs supported by real capital rotation.

7/ ⚖️Takeaway In a market flooded with emissions, buybacks are emerging as the new indicator of balance. Top 3 protocols account for 94% of total Inflows Buybacks offset ~107% of emissions The shift is gradual but clear — from inflation to absorption.

8/ See full dashboard :