NEW Citrini Research calls $HYPE a compelling investment β Hyperliquid has accounted for nearly half of all crypto token buybacks in 2025.
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Live buyback tracker for every crypto protocol.
LIVE $847,392,551 burned in last 24h
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Top protocols by buyback volume.
$0 burned this period
Top protocols by burn
2025 cumulative ranking
| # | Protocol | Chain | 30D burned | 90D burned | Supply reduced | Latest buyback |
|---|---|---|---|---|---|---|
| 1 | Hyperliquid $HYPE | Hyperliquid | $312.40M | $891.00M | 4.2% | |
| 2 | Uniswap $UNI | Ethereum | $142.80M | $412.00M | 2.1% | |
| 3 | GMX $GMX | Arbitrum | $98.70M | $287.00M | 3.4% | |
| 4 | dYdX $DYDX | Ethereum | $76.20M | $218.00M | 1.8% | |
| 5 | Aave $AAVE | Ethereum | $64.10M | $189.00M | 0.9% | |
| 6 | Jito $JTO | Solana | $52.30M | $156.00M | 2.7% | |
| 7 | Raydium $RAY | Solana | $41.80M | $128.00M | 1.5% | |
| 8 | Maker $MKR | Ethereum | $35.20M | $102.00M | 0.6% | |
| 9 | Curve $CRV | Ethereum | $28.90M | $87.00M | 1.2% | |
| 10 | Synthetix $SNX | Base | $21.40M | $68.00M | 0.8% |
$0.00B+
Total burned 2025
$0.00B+
Active protocols
$0.00B+
Chains tracked
$0.00B+
Buybacks today
How buybacks work
Four steps from revenue to reduced supply.
01
Protocol earns fees
Revenue from trading, loans, or platform fees.
02
Buys tokens on market
Treasury executes buy orders on DEXs and CEXs.
03
Sends to burn address
Tokens transferred to a provably unspendable address.
04
Supply drops
Circulating supply falls. Scarcity rises for holders.
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