← All stories
Markets 1 sources

Token Buybacks Are Booming. But Do They Really Make Crypto Tokens Go Up?

Covered by 1 source · 1 article

Crypto protocols spent more than $1.4 billion buying back their own tokens in 2025. Hyperliquid alone made up about 46% of that total, using roughly 97% of its trading fees to buy HYPE. Other major protocols, including Aave, Uniswap, Sky, P…

Covered by

All coverage

Token Buybacks Are Booming. But Do They Really Make Crypto Tokens Go Up?
CoinEdition 7h ago

Token Buybacks Are Booming. But Do They Really Make Crypto Tokens Go Up?

Crypto protocols spent more than $1.4 billion buying back their own tokens in 2025. Hyperliquid alone made up about 46% of that total, using roughly 97% of its trading fees to buy HYPE. Other major protocols, including Aave, Uniswap, Sky, P…