Analyst Shares Overview Of Token Buyback Programs On Solana: Pump.fun, deBridge, And Marinade Lead The Charge

by
Alisa Davidson

Printed: October 30, 2025 at 8:22 am Up to date: October 30, 2025 at 8:22 am

by Victor Dey

Edited and fact-checked:
October 30, 2025 at 8:22 am

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Decentralised finance (DeFi) analyst fabiano.sol has launched an up to date overview of Solana-based platforms implementing token buybacks, presenting a comparative evaluation of their approaches and impacts. 

In line with the analyst, a number of initiatives—akin to deBridge, Marinade, Jupiter, Jito, Bonk, Metaplex, Raydium, Pump.enjoyable, Streamflow, Magic Eden, and Step Finance—are at the moment engaged in structured token repurchase initiatives.

Overview Of Solana Tasks’ Token Buyback Mechanisms

Within the case of cross-chain interoperability protocol deBridge, the platform is allocating 100% of its income towards shopping for again its native token, with selections on the longer term use of those tokens but to be introduced. So far, deBridge has repurchased roughly 3% of its complete provide and is projected to achieve practically 20% of its circulating provide inside a yr. The month-to-month provide influence is estimated at -0.5% of complete provide and -1.4% of circulating provide, whereas annual figures stand at -7.1% and -17.4%, respectively, based mostly on a complete provide of 10 billion tokens.

Marinade liquid staking protocol channels 50% of its collected charges every month to purchase again MNDE, with last selections relating to their future use delegated to the DAO. The platform’s annualized charges are round $170 million, probably creating robust purchase stress relative to its $140 million absolutely diluted valuation. The estimated month-to-month provide influence is -0.6% of complete provide and -0.8% of circulating provide, and the yearly figures are -7.7% and -9.7%. Marinade’s complete token provide is 1 billion.

Jupiter decentralized alternate (DEX) aggregator allocates 50% of its protocol charges for token buybacks, that are saved in what’s known as a “litterbox.” Thus far, Jupiter has purchased again roughly 95 million JUP, equating to 1.37% of its complete provide, with a forthcoming dialogue to find out how these tokens might be managed. The month-to-month provide discount is estimated at -0.2% of complete provide and -0.4% of circulating provide, whereas yearly reductions stand at -2.4% and -5.5%. The entire provide is 7 billion tokens.

Liquid staking and MEV optimization protocol  Jito dedicates 1.5% of its TipRouter charges to systematically buying JTO tokens at common intervals, with plans to finally burn them. At present costs, this might lead to over 11 million tokens being purchased and burned yearly, or about 1.1% of complete provide. The month-to-month provide influence is projected at -0.09% of complete provide and -0.2% of circulating provide, whereas yearly figures attain -1.2% and -3.3%. The entire provide is 1 billion tokens.

In line with the evaluation, meme-inspired token Bonk operates a number of buyback and burn initiatives, with the LetsBONK program utilizing 50% of its charges to repurchase BONK tokens from the open market and subsequently burn them. This method leads to a month-to-month provide discount of -0.2% of each complete and circulating provide, and an annual influence of -2.8% and -3.2%, based mostly on a complete provide of 88 trillion tokens.

Within the case of non-fungible token (NFT) infrastructure protocol Metaplex, 50% of protocol income is directed to MTPLX buybacks for the DAO every month. During the last 30 days, the platform generated roughly $1.56 million in income, with half of it used to buy round 3.5 million MPLX tokens (about 0.3% of complete provide) for the DAO. The month-to-month provide influence stands at -0.3% of complete provide and -0.6% of circulating provide, whereas yearly impacts attain -4.2% and -7.4%, with a complete token provide of 1 billion.

Raydium automated market maker (AMM) has a comparatively low annual token emission of 1.9 million tokens from a complete provide of 555 million. The platform designates 12% of its buying and selling charges for RAY buybacks, leading to repurchases equal to about 5% of the circulating provide. The estimated month-to-month provide discount is -0.08% of complete provide and -0.4% of circulating provide, and the annual discount is -0.9% and -5.1%. The entire provide stands at 550 million tokens.

Token launch platform Pump.enjoyable continues to generate over $1 million in every day income, directing 100% of it towards token buybacks. In September alone, roughly $55 million price of PUMP was repurchased, which may enable the venture to purchase again greater than 30% of its circulating provide inside a yr. The estimated month-to-month provide discount is -1.0% of complete provide and -2.9% of circulating provide, whereas the yearly discount stands at -12.2% and -34.8%, based mostly on a complete provide of 1 trillion tokens.

For Streamflow token distribution and vesting platform, 39% of protocol income is allotted to purchasing and distributing STREAM tokens to stakers. Utilizing July 2025 knowledge for instance, 39% of $247,000 (or roughly $96,330) was used for buybacks and rewards in that month. The month-to-month provide influence is -0.3% of complete provide and -2.2% of circulating provide, whereas the annual influence is -3.6% and -26.4%. The entire provide is 1 trillion tokens.

Not too long ago, Magic Eden NFT market initiated token buybacks as properly, having repurchased 111,000 ME tokens, that are distributed to stakers, with expectations of additional buybacks forward. Step Finance portfolio administration dashboard can be conducting buybacks, allocating 100% of its income—alongside related initiatives akin to Solanafloor and Remora Markets—to this objective.

Alisa, a devoted journalist on the MPost, focuses on cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising developments and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.

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