# Tokenomics Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Tokenomics", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

DistributeX Unveils DX Coin Ecosystem Roadmap, Advancing Preparations for Its On-Chain Launch

DistributeX has unveiled the DX Coin Ecosystem Roadmap, detailing its preparations for the upcoming on-chain launch of DX Coin. The roadmap outlines key phases focusing on community governance, technical readiness, blockchain deployment, and ecosystem growth. Current efforts are centered on building community consensus and completing technical groundwork. This includes launching community votes to select the official DX Coin logo and decide on the preferred blockchain network for integration. The platform will also implement features like on-chain wallet binding and contribution tracking to prepare for future data synchronization and rewards. Before the official launch, DistributeX will publish a Tokenomics White Paper detailing the token's issuance, governance, and long-term strategy, and will take a snapshot of eligible community accounts for future asset allocation. The subsequent deployment phase will involve smart contract deployment, security audits, community airdrops, and developing liquidity on decentralized exchanges. Looking further ahead, planned utilities for DX Coin encompass cross-chain interoperability, decentralized governance, digital rights, staking, and other Web3 applications. This roadmap aims to provide the community with clear visibility into the platform's plans, as DistributeX works to establish a solid foundation for DX Coin's on-chain ecosystem and long-term expansion.

TheNewsCrypto07/13 15:02

DistributeX Unveils DX Coin Ecosystem Roadmap, Advancing Preparations for Its On-Chain Launch

TheNewsCrypto07/13 15:02

Unlocking 20%, $125 Million in Pressure, Can PUMP Hold Up?

"Pump.fun Faces Crucial Test with $125M Token Unlock Despite a cooldown in the meme coin market, Pump.fun remains one of Web3's top revenue-generating protocols, earning $28.4 million in the past 30 days. The platform has accumulated approximately $1.05 billion in total revenue from over 12 million tokens created. The protocol now faces its biggest challenge: the first unlock of team and investor tokens. A total of 82.5 billion PUMP tokens (8.25% of total supply, 20.23% of previous circulating supply), valued at around $125 million, have been unlocked. This potential selling pressure is significant compared to the token's 24-hour trading volume of only $28 million. While Pump.fun uses a portion of its revenue to buy back and burn PUMP tokens, creating buy-side pressure, this support has weakened. The buyback rate was reduced from 100% to 50% of net fees in April 2024. In June 2024, monthly buybacks totaled just $9.2 million, an over 80% drop from its peak. At this rate, selling just 7% of the newly unlocked tokens would offset a full month of buybacks. Furthermore, this unlock is only the first batch; team and investors still hold another 247.5 billion locked PUMP tokens, with 240 billion community tokens awaiting a release schedule. Despite these headwinds, PUMP is argued to be a relatively scarce asset in the current market. With a $610 million market cap against $28.4 million in monthly revenue, its valuation is lower than competitors like Hyperliquid. The investment thesis for PUMP is not betting on a single meme coin but on the persistent activity of the meme market and Pump.fun's ability to maintain its position as a key platform. The conclusion suggests that while the unlock tests short-term price resilience, the protocol's underlying revenue strength will determine PUMP's long-term trajectory, potentially making the current dip a viable entry point for long-term accumulation."

Odaily星球日报07/13 01:52

Unlocking 20%, $125 Million in Pressure, Can PUMP Hold Up?

Odaily星球日报07/13 01:52

Bittensor's Intellectual Arbitrage Trap: Capital Only Speculates on Tokens, Quality AI Goes Unpaid

The article critiques the inherent flaws in the Bittensor network's decentralized AI incentive model. While designed to use TAO tokens to reward AI development across specialized subnets (like model training or data crawling), the system prioritizes capital flow over genuine utility. A subnet's reward allocation is primarily determined by the price of its native Alpha token, creating a self-reinforcing loop where buying pressure begets more rewards, detached from the actual quality or real-world adoption of the AI services. Critical vulnerabilities are exposed: the scoring mechanism for AI outputs can be gamed if a majority of validators collude, and "score copying" among validators is possible. The network's value is anchored to speculative trading rather than verified user demand or revenue. Despite these issues, the author acknowledges Bittensor's potential to foster open, distributed AI infrastructure, similar to how past tech bubbles built lasting assets. The pending approval of Bittensor ETFs could bring both significant capital and necessary regulatory scrutiny, potentially forcing the ecosystem to mature and align incentives with tangible value creation.

Foresight News07/10 11:06

Bittensor's Intellectual Arbitrage Trap: Capital Only Speculates on Tokens, Quality AI Goes Unpaid

Foresight News07/10 11:06

Pump.fun Unlocks $127 Million in Internal Tokens, Nearly Double PUMP's Recent Daily Trading Volume

Pump.fun, a leading meme coin launchpad, is facing a significant liquidity test for its native PUMP token. On July 12th, $127 million worth of tokens, representing 29.23% of the circulating supply, will unlock for the team and early investors. This "cliff unlock" is nearly double the token's recent daily trading volume ($64-70 million), presenting a direct challenge: can the market absorb this large, concentrated supply without a major price impact? The outcome hinges on whether the recipients hold or sell their newly available tokens. A constructive scenario would see elevated volume without a sustained price crash, supported by the platform's historical revenue and token buybacks. A weaker signal would be high volume paired with price deterioration, indicating the liquidity is being used for exits. The event is a crucial test of PUMP's secondary market depth, moving beyond its initial retail-driven demand. It will reveal if the token attached to a platform known for fast liquidity creation has sufficient durability when faced with internal supply pressure.

marsbit07/09 04:59

Pump.fun Unlocks $127 Million in Internal Tokens, Nearly Double PUMP's Recent Daily Trading Volume

marsbit07/09 04:59

How to Steadily Earn Money in Blockchain Games? The Project Team Reveals the Dual Profit Logic for Both Players and Projects

**Summary:** This interview features Leo, CBO of Gamebank, discussing the challenges and future of Web3 games through the lens of their project, Pump Snake. He addresses the core questions of playability and profitability. Leo explains that Pump Snake is a multiplayer, competitive take on the classic "Snake" game, designed for mass appeal and accessibility. The primary goal is to create an engaging game first; financial and asset-based features are secondary and depend on a strong player base. The project aims to be a gateway for Web2 users into Web3, allowing them to naturally encounter blockchain concepts through gameplay rather than direct crypto education. Key mechanisms discussed include: * **"Loss-to-Mine":** Players receive redeemable points for losses, which can be used for blind boxes (containing skins, items), improving retention by offering a reward even for losing. * **Commercialization:** Plans include in-game transaction fees, subscription services (SVIP), and sales of skins/blind boxes, all designed not to compromise competitive fairness. * **Future Token:** A token launch is confirmed but will be timed based on market conditions, regulatory clarity, and product maturity to avoid a "death spiral" economy. * **Fairness:** Paid features (SVIP, ads, blind boxes) are designed to offer cosmetic or convenience benefits without granting competitive advantages. Leo acknowledges current Web3 gaming setbacks but is optimistic about the long-term convergence of engaging gameplay, blockchain-based asset ownership/value distribution, and AI integration. Pump Snake is currently in a growth phase, focusing on product iteration and user acquisition in Asia before a broader rollout.

marsbit07/09 00:58

How to Steadily Earn Money in Blockchain Games? The Project Team Reveals the Dual Profit Logic for Both Players and Projects

marsbit07/09 00:58

Is Monad’s record $477mln TVL organic or incentive-driven? Assessing…

Monad's DeFi ecosystem has witnessed substantial growth in Total Value Locked (TVL), rising from around $80 million in November to a peak of $477 million. This surge, which accelerated from March, signifies significant capital inflows. Key developments include the launch of Aave V3 on Monad, attracting nearly $100 million in deposits, and MetaMask selecting Monad for its "Money Account." However, the article questions whether this liquidity growth is organic or driven by incentives, emphasizing that sustainable network usage depends on continued increases in wallets, bridge inflows, and stablecoin adoption. Simultaneously, the piece highlights a broader market shift where capital is becoming more selective, concentrating around protocols with strong long-term value. Aave experienced over $1.3 billion in deposit growth ahead of its Aavenomics 3.0 update, driven by anticipation of improved tokenomics and automated buyback mechanisms. The critical challenge for both platforms is converting this liquidity into sustainable activity: for Aave, this means higher borrowing demand and protocol revenue; for Monad, it requires translating capital inflows into long-term ecosystem adoption and usage.

ambcrypto07/07 20:02

Is Monad’s record $477mln TVL organic or incentive-driven? Assessing…

ambcrypto07/07 20:02

Earning $7.2 Million in One Week: How Does pump.fun Actually Make Money?

Pump.fun, a prominent Solana-based meme coin launch platform, recently disclosed a weekly protocol revenue of $7.2 million. The income primarily stems from its core businesses: the Bonding Curve mechanism, which facilitated $553 million in weekly volume, and PumpSwap, which saw $1.65 billion. The platform is allocating 50% of its net protocol revenue to buy back and burn its native PUMP token, having already burned 41.8% of the circulating supply with $3.7 million repurchased in the past week. This establishes a direct link between platform performance and token value. Beyond strong financials, Pump.fun is evolving from a simple launchpad into a broader ecosystem. Key initiatives include optimizing the user experience with faster swap times (300-400ms) and easier fiat on-ramps, which boosted daily deposit volume by 21%. It's also enhancing developer tools via Terminal and fostering community engagement through a bounty system that has distributed over $600,000 in rewards. The report signals Pump.fun's transition towards a sustainable Web3 business with diversified revenue streams, a value-accrual model for its token, and a focus on product maturity and ecosystem growth over mere meme coin hype.

marsbit07/07 11:24

Earning $7.2 Million in One Week: How Does pump.fun Actually Make Money?

marsbit07/07 11:24

Solana activity hits 1 billion milestone – Is a SOL price surge next?

Solana achieved a milestone of 1 billion non-vote transactions in a week, demonstrating its high throughput and scalability. This performance is attributed to the Alpenglow upgrade, which reduced finality times significantly. Solana currently processes transactions much faster than Ethereum. However, the article notes that market efficiency and tokenomics are the next key challenges. While network fundamentals are strong, SOL's higher inflation rate compared to other major Layer 1s and the need for a more developed market layer to improve capital efficiency could impact its long-term valuation. The core question remains whether SOL's price will reflect these underlying technical strengths.

ambcrypto07/07 09:02

Solana activity hits 1 billion milestone – Is a SOL price surge next?

ambcrypto07/07 09:02

This Week's Crypto Watchlist｜Jupiter, NEAR, Jito, and 7 Other Projects are Active. Understand Who's Worth Monitoring with a 'Catalyst Calendar'

This week brings a concentrated wave of catalysts for several crypto projects, based on a schedule compiled by an analyst. Jupiter (JUP) leads by launching a private testnet for its GUM unified market on July 6th, aiming to aggregate diverse assets on Solana. On July 7th, NEAR hosts a major livestream reveal focused on enterprise "black box" tech, likely detailing its SPICE upgrade. Also on July 7th-8th, Berachain executes its largest mainnet upgrade, "PoL Next," simplifying its tokenomics by retiring the BGT token and consolidating value into BERA. Zcash (ZEC) eyes recovery with its critical Ironwood network upgrade slated for July 21st, designed to restore trust after a recent privacy vulnerability scare. Looking ahead, Lighter (LIT) plans to launch tokenized stocks next week, leveraging its key position as the default perpetual DEX on the new Robinhood Chain. Jito (JTO) is rumored to launch its JTX trading platform in mid-July, targeting professional traders and promising substantial protocol revenue sharing. Lastly, Ether.fi (ETHFI) has proposed deploying a dedicated Aave V4 instance to power its EtherFi Cash Visa card, though this remains in the early governance stage. The week presents a mix of product launches, major upgrades, and strategic expansions, each carrying its own potential for momentum and associated risks like token unlocks or execution challenges.

marsbit07/07 02:48

This Week's Crypto Watchlist｜Jupiter, NEAR, Jito, and 7 Other Projects are Active. Understand Who's Worth Monitoring with a 'Catalyst Calendar'

marsbit07/07 02:48

Reviewing 8 'Cash Cow' Projects in the Bear Market: The Leader Repurchased $283 Million Worth This Year

This article highlights eight cryptocurrency projects that have demonstrated strong cash-generating capabilities and implemented significant token buyback programs during the bear market of 2026. These projects, dubbed "cash cows," are repurchasing their own tokens, often reducing supply. According to data from Tokenomist, the projects with notable buyback activity from January 1st to June 30th are: Meteora (MET), Pump.fun (PUMP), GMX, Rollbit (RLB), Metaplex (MPLX), Hyperliquid (HYPE), Lighter (LIT), and Aave. Notably, MET's buybacks equaled 71% of its January token supply, while HYPE executed the largest buyback by value at $283 million. Key project summaries include: - **Hyperliquid (HYPE):** The leader by dollar value, its perpetual DEX protocol has repurchased and burned 44 million HYPE tokens (approx. 4.4% of supply) using a significant portion of trading fees, with total buybacks exceeding $1.1 billion since March 2025. - **Meteora (MET):** Its buyback of 336.2 million MET tokens had the greatest proportional impact on its circulating supply, equivalent to 71% of its supply at the start of the year. - **Pump.fun (PUMP):** The popular memecoin launchpad has cumulatively bought back over $400 million worth of PUMP since July 2025, using 50% of net revenue for buybacks and burns since April. - **Aave (AAVE):** Despite facing a major security incident earlier in the year, the lending protocol has continued its buyback program, repurchasing over 200,000 AAVE tokens. Its team is designing a new automated buyback mechanism. - **GMX, Lighter (LIT), Rollbit (RLB), and Metaplex (MPLX)** also have active buyback mechanisms funded by protocol fees or revenues. The article concludes that while token buybacks and burns do not guarantee price appreciation—as market conditions, news, and other factors play a role—these projects stand out for their ability to generate consistent cash flow in a challenging market environment.

marsbit07/06 11:55

Reviewing 8 'Cash Cow' Projects in the Bear Market: The Leader Repurchased $283 Million Worth This Year