Crypto buybacks in 2025 reached $1.4 billion from January 1 to October 15, according to a CoinGecko report. These coordinated token repurchases by issuers reduced selling pressure and signaled confidence, with Hyperliquid leading at nearly 50% of the volume through $644 million in buys.
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Hyperliquid dominates with $644 million in buybacks, accounting for almost half of 2025’s total crypto buyback activity.
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LayerZero and Pump.fun follow as key players, using buybacks to manage token supply and enhance value post-airdrops.
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GMX repurchased 13% of its circulating supply, redistributing tokens to the community for sustained engagement.
Discover how crypto buybacks in 2025 totaling $1.4 billion are reshaping token economics and reducing selling pressure. Explore top projects like Hyperliquid and LayerZero—stay informed on market catalysts today.
What Are Crypto Buybacks in 2025 and Why Do They Matter?
Crypto buybacks in 2025 refer to coordinated purchases of tokens by their issuers on open markets, totaling over $1.4 billion from January 1 to October 15, as detailed in CoinGecko’s latest report. These actions not only demonstrate strong confidence in the project’s future but also reduce circulating supply, potentially increasing scarcity and value for holders. By mitigating selling pressure, buybacks serve as a strategic tool for stabilizing prices amid market volatility.
How Do Leading Projects Like Hyperliquid Utilize Buybacks?
Hyperliquid (HYPE), a prominent perpetual decentralized exchange in 2025, spearheaded buyback efforts with $644 million, representing nearly 50% of the year’s total volume per CoinGecko data. This substantial investment underscores the platform’s commitment to long-term growth, especially as it navigates competitive DeFi landscapes. LayerZero (ZRO), focused on cross-chain interoperability, followed with over $150 million in repurchases after a highly anticipated airdrop, aiming to reward early supporters and curb post-distribution dumps.
Pump.fun (PUMP), the leading no-code meme coin launcher on Solana, allocated $138 million to buy back 3% of its total supply, fostering a more controlled token ecosystem. Meanwhile, GMX, another key player in perpetual trading, executed buybacks worth significant portions despite ranking 11th in volume; it repurchased 13% of its circulating supply and redistributed these tokens to the community, enhancing user loyalty and participation. Solana-based protocols Raydium (RAY) and Jupiter (JUP) collectively spent more than $160 million on similar initiatives, bolstering the network’s DeFi infrastructure.
These efforts align with broader industry trends where buybacks act as price catalysts. For instance, Ethena’s ENA token surged on October 18, outperforming top altcoins after founder Guy Young personally acquired $25 million worth, as noted by market analysts. This move highlighted how individual and team-driven repurchases can drive immediate positive sentiment and scarcity effects in the crypto space.
Frequently Asked Questions
What Is the Total Volume of Crypto Buybacks in 2025 So Far?
The total volume of crypto buybacks in 2025 exceeded $1.4 billion equivalent from January 1 to October 15, based on CoinGecko’s comprehensive report. This figure includes major contributions from DeFi protocols and reflects growing adoption of repurchases as a treasury management strategy among blockchain projects.
Why Are Crypto Projects Engaging in More Buybacks in 2025?
Crypto projects are ramping up buybacks in 2025 to reduce potential selling pressure and signal unwavering confidence in their tokens’ value. By decreasing circulating supply, these actions make assets scarcer, which can support price stability and attract long-term investors in a maturing market.
Key Takeaways
- Hyperliquid’s Leadership: With $644 million in buybacks, Hyperliquid captured nearly half of 2025’s activity, setting a benchmark for DeFi confidence and supply management.
- Community Redistribution: Projects like GMX repurchased 13% of supply and returned tokens to users, promoting engagement and reducing centralization risks.
- Price Stabilization Tool: Buybacks, as seen with ENA’s surge, offer actionable insights for investors to monitor issuer commitments and potential market upturns.
Conclusion
In 2025, crypto buybacks have emerged as a pivotal strategy, with $1.4 billion in repurchases led by innovators like Hyperliquid and LayerZero, effectively curbing selling pressure and enhancing token scarcity. As demonstrated by CoinGecko’s report and real-world examples such as Ethena’s founder-led purchases, these moves not only bolster project credibility but also pave the way for sustained growth in the DeFi sector. Investors should keep a close eye on upcoming buyback announcements, as they could signal robust opportunities in an evolving blockchain landscape.
