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CRYPTO

Hyperliquid, Pump.fun account for nearly 90% of record $638M crypto buybacks: FT

CointelegraphMonday, August 31, 2026 at 11:21 AM

RedScroll Brief

Hyperliquid, Pump.fun account for nearly 90% of record $638M crypto buybacks: FT
Image via Cointelegraph

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.

RedScroll Signal

Impact
High
Category
Crypto
Market relevance
High
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk. 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. Watch liquidity and volatility around Hyperliquid and Pump — crypto markets reprice narrative risk quickly.
Read original source → COINTELEGRAPHEdition 2026-08-31

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RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

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 it matters

Crypto moves are a live stress test of liquidity, regulation, and narrative risk.

Background

Cointelegraph reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

  1. Cointelegraph published: Hyperliquid, Pump.fun account for nearly 90% of record $638M crypto buybacks: FT

  2. Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Watch liquidity and volatility around Hyperliquid and Pump — crypto markets reprice narrative risk quickly.

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Source

Cointelegraph

Original reporting by Cointelegraph. RedScroll provides an extractive briefing only.