# Buyback Related Articles

PUMP rallies as Pump.fun usage doubles: Can Solana ride the memecoin wave?

ambcrypto9h ago

Lighter jumps 16% – LIT traders, watch THIS for a move to $2

LIT surged 16% to $1.81 after defending the $1.50 support level, backed by a 16% increase in trading volume. Futures market activity showed bullish momentum, with Open Interest rising 16% to $145.7 million and Netflow surge of 237%. The Long/Short Ratio exceeded 1, indicating dominant long positions. Two whales staked $2.3 million worth of LIT, signaling long-term confidence and reducing circulating supply. Additionally, the team’s buyback program removed 2.4 million LIT from circulation, further supporting scarcity. Technical indicators like RSI and EMA50 show strengthening upside momentum, though RSI remains below 50. A break above $2 is possible if bullish pressure continues; otherwise, a retracement to $1.70 may occur.

ambcryptoYesterday 11:02

The Most "Resilient" DEX! A Comprehensive Data Analysis of Hyperliquid

Hyperliquid, a decentralized exchange (DEX) and emerging L1 ecosystem focused on perpetual futures, has demonstrated strong resilience during market downturns. Over the past year, it generated $915M in cumulative fees, with 97% coming from perpetual trading. Despite a 16% decline in Q4 revenue, it significantly outperformed many Solana-based applications which saw steeper drops (e.g., Raydium -79%, Jito -76%). The platform has accumulated over $8.54B in token buybacks, representing 93.3% of fees, providing consistent buy-side support for its HYPE token. However, monthly team token unlocks currently exceed buybacks by 4x. With nearly $100B in open interest, Hyperliquid holds a substantial share of the perpetuals market, more than double its top four decentralized competitors combined. Its HyperEVM L1, though smaller, is growing with $890M in total revenue and over $674M in stablecoin supply. Key strengths include a superior product with a user experience rivaling CEXs, a fair token distribution (31% airdropped), strong tokenomics, and technical expertise. It is positioned as critical infrastructure for perpetual trading, especially for macro assets and real-world assets (RWAs). Regulatory uncertainty remains a primary risk.

比推01/23 21:54

Pendle Dismantles the 'Walls': From 'Locking' to 'Retaining' Users

Pendle, a leading DeFi protocol in the interest rate derivatives sector, has announced a major shift away from its long-standing veTokenomics model, transitioning to a more liquid sPENDLE system. This move sparked debate, with critics like Curve’s Michael Egorov calling it a mistake, while the token price rose 11% following the news. The vePENDLE model, which required long-term locking for governance and rewards, was deemed inefficient—concentrating power and yields among a small group of sophisticated users and creating imbalanced incentives across liquidity pools. Over 60% of pools were unprofitable, relying on a few high-performing ones like Ethena for subsidies. The new sPENDLE model introduces a 14-day unstaking period (with a 5% fee for instant exit), replacing indefinite locks. It also adopts algorithmic reward distribution—cutting emissions by ~30%—and directs 80% of protocol revenue to buy back and distribute PENDLE to stakers. Existing vePENDLE holders will receive up to 4x sPENDLE bonuses based on remaining lock-up time at the snapshot on January 29. This shift reflects a broader DeFi trend away from forced loyalty via locking and toward attracting users through real yields and flexibility, as seen in updates by PancakeSwap, Balancer, and Ethena. The industry is increasingly prioritizing product appeal and capital efficiency over locked value.

比推01/22 00:32

Injective’s ‘supply squeeze’ clears with 99% vote – What’s next for INJ?

Injective's 'supply squeeze' proposal was overwhelmingly approved with 99.89% of the vote. The plan aims to dramatically reduce the INJ token supply by doubling the token burn rate and cutting staking reward emissions in half. This aggressive deflationary upgrade complements the existing community buyback program, which has already removed over 6.8 million tokens from circulation. Despite the bullish tokenomics update, the price reaction was muted. INJ saw a brief 4% rally but gave back gains due to broader market pressures, including a Bitcoin dip. Futures market data showed persistently low demand and negative sentiment, indicating the update was overshadowed by macro conditions. It remains to be seen if the deflationary measures will significantly boost INJ's price long-term.

ambcrypto01/20 11:08

Crypto Morning Brief: 10-Year Japanese Government Bond Yield Rises 3 Basis Points, PancakeSwap Passes 'Reduce Maximum Supply' Proposal

Trump links Nobel Peace Prize rejection to Greenland sovereignty claim in letter to Norwegian PM. Japan's 10-year government bond yield rises 3 basis points to 2.3%, highest since 1999. PancakeSwap passes proposal to reduce CAKE's max supply to 400 million tokens. Magic Eden allocates 15% of platform revenue to ME token ecosystem, split between buybacks and staking rewards. Trove faces investor backlash after abandoning Hyperliquid to build on Solana, with funds allegedly diverted to a casino. China's Supreme Procuratorate emphasizes crackdown on virtual currency money laundering crimes. Bitmine stakes an additional 86,848 ETH ($279.4M), bringing total staked to 1.77M ETH ($5.65B). New York Stock Exchange plans to enable 24/7 trading for US stocks.

marsbit01/20 01:28

JustLend DAO's Second JST Buyback and Burn: Cumulative 10.96% of Total Supply Destroyed, Accelerating Entry into a New Era of Value Growth

JustLend DAO has executed its second major JST token buyback and burn, permanently removing 525 million JST (5.3% of total supply) from circulation. This brings the cumulative burned amount to over 1.08 billion JST, representing 10.96% of the total supply, significantly accelerating JST’s deflationary trajectory. The burn was funded by $10.19 million from Q4 2025 net profits and $10.34 million from accumulated reserve earnings, demonstrating the protocol’s strong financial health and sustainable revenue model. Key drivers include JustLend’s TVL surpassing $7.08 billion, robust growth in sTRX staking (over 9.3 billion TRX staked), and widespread adoption of GasFree smart wallets, which have facilitated over $46 billion in transactions and saved users $36.25 million in fees. Additionally, USDD’s multi-chain ecosystem reached a milestone with TVL exceeding $1 billion, further supporting JST’s value accrual mechanism. This burn reinforces JST’s transition from a governance token to a yield-backed asset tied to ecosystem cash flow. Market response has been positive, with JST’s market cap breaking $400 million and trading volume rising 21.92% amid a 10.82% monthly price increase. The recurring burn mechanism establishes a deflationary model that enhances scarcity, governance weight per token, and long-term value alignment with holders, setting a new standard for sustainable tokenomics in DeFi.

marsbit01/16 05:27

JST Embarks on Its Second Buyback and Burn: Cumulative 10.96% of Total Supply Destroyed, Accelerating Entry into a New Era of Value Growth

JST, the token of the JUST ecosystem, has completed its second major buyback and burn event on January 15, 2026, permanently removing 525 million JST (5.3% of total supply) worth over $21 million. Combined with the first burn, a total of 10.96% of JST's supply has been destroyed, accelerating its deflationary trajectory and reinforcing its value proposition. The buyback was funded by $10.19 million from JustLend DAO's Q4 2025 net profits and $10.34 million from accumulated reserve earnings, demonstrating the ecosystem's strong profitability and financial health. Key drivers include JustLend DAO's robust performance, with Total Value Locked (TVL) exceeding $7.08 billion, innovative products like sTRX (with over 9.3 billion TRX staked), and the widely adopted GasFree smart wallet, which has facilitated over $46 billion in transactions and saved users $36.25 million in fees. Additionally, growth from the USDD decentralized stablecoin ecosystem, which recently surpassed $1 billion in TVL, contributed significant incremental revenue. This burn signifies a fundamental shift for JST from a utility governance token to a yield-backed asset, directly tethering its value to the ecosystem's cash flow. The reduced supply increases scarcity, enhances per-token governance power for holders, and establishes a sustainable, transparent deflation model for DeFi. With a market cap surpassing $400 million and growing trading volume, JST is positioned for continued value appreciation driven by real yield and strategic tokenomics.

marsbit01/16 01:09

Optimism surges 13%, leads other L2s: Is $0.45 next for OP?

Optimism's native token OP surged over 13% in 24 hours, leading gains among Layer 2 tokens, with trading volume jumping 140% to over $200 million. On-chain activity also increased, with daily transactions exceeding 2.5 million. Technically, OP broke above the $0.3388 neckline of an inverted head-and-shoulders pattern, suggesting a potential bullish reversal targeting $0.45. However, failure to hold above $0.3388 could see a drop toward $0.28 or $0.25. A proposed 12-month buyback program could further support upward momentum by reducing supply.

ambcrypto01/14 23:01

Can Grayscale’s HYPE ETF push spark a short-term price rebound?

Grayscale has registered a statutory trust for a Hyperliquid (HYPE) ETF in a step toward an official application, joining Bitwise, VanEck, and 21Shares in the U.S. spot HYPE ETF race. If approved, HYPE would become the youngest altcoin to achieve this milestone. However, despite ETF expectations, market sentiment remains at "fear" levels due to ongoing monthly token unlocks, whale sell-offs, and rising competition from perp DEXes like Lighter and Aster. Although recent spot market data shows active dip buying—a potential sign of recovery—HYPE faces a key resistance level at $28, which aligns with the 50-day moving average. Failure to break this level could see prices retest support at $23–$22.

ambcrypto01/11 00:01