Hyperliquid, Pump.fun Drive Nearly 90% of Record $638M Crypto Buybacks So Far in 2026
Cryptocurrency projects have spent about $638 million repurchasing their own tokens so far in 2026, with decentralized exchange Hyperliquid and memecoin platform Pump.fun accounting for nearly 90% of the total, according to Allium Labs data cited by the Financial Times. The total has already surpassed the $545 million recorded during the same period in 2025 and is sharply higher than the $366,000 reported in 2024.
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