Pump.fun has spent over $62.6 million to repurchase its native token PUMP
according to Dune Analytics data, Pump.fun has spent over $62.6 million to buy back its native token PUMP. The buyback has absorbed over 16.5 billion tokens, with an average buyback price of $0.003785, aiming to stabilize the price trend and reduce selling pressure.
This buyback strategy uses the platform's generated revenue, mainly from fees charged for user coin issuance (especially meme coins), to buy back tokens daily. Dune Analytics data shows that the daily buyback amount over the past week has consistently remained between $1.3 million and $2.3 million.
According to DefiLlama data, since its launch, Pump.fun has generated over $775 million in revenue. It is worth noting that the platform experienced a significant decrease in revenue between July 28 and August 3. During this period, Pump.fun's weekly revenue was only $1.72 million, the lowest since March 2024.
Meanwhile, the buyback plan seems to be working. PUMP has risen by over 12% in the past month and by about 9% in the past week. The current trading price of the token is $0.003522, up 54% from its low of $0.002282 in August.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
This Week's Preview: Macro "Flood Release" Week—Delayed CPI and the Bank of Japan's "Rate Hike Pursuit"
Key global market data will be released this week, including the U.S. non-farm payroll report, CPI inflation data, and the Bank of Japan's interest rate decision, all of which will significantly impact market liquidity. Bitcoin prices are fluctuating due to macroeconomic factors, while institutions such as Coinbase and HashKey are striving to break through via innovation and public listings. Summary generated by Mars AI This summary was generated by the Mars AI model. Its accuracy and completeness are still being iteratively improved.

Weekly Hot Picks: The Fed Cuts Rates and Indirectly "Injects Liquidity"! Silver Replaces Gold as the New Favorite?
The Federal Reserve is cutting interest rates and starting bond purchases, while Japan and other regions may turn to rate hikes. Silver repeatedly hits record highs, SpaceX is set for a 1.5 trillion IPO, and Oracle becomes the litmus test for the AI bubble. The Russia-Ukraine peace process is stuck on territorial issues, the US seizes a Venezuelan oil tanker... What exciting market events did you miss this week?

Key Highlights to Watch at Solana Breakpoint 2025
How does Solana seize market share in an increasingly competitive landscape?

Crucial Alert: ZRO Leads This Week’s $100M+ Token Unlocks – What Investors Must Know
