Within the cryptocurrency market, 2025 attracted consideration with mission groups’ personal token buyback applications.
The initiatives that had the biggest token buybacks of the yr have been introduced, with whole spending exceeding $1.4 billion. Hyperliquid (HYPE) topped the listing, single-handedly accounting for practically half of all buyback spending.
Right here is the listing of altcoins which have had probably the most token buybacks and the way a lot tokens they purchased again:
- HYPE – $644.6 million
- ZRO – $150.0 million
- PUMP – $138.2 million
- RAY – $100.4 million
- SKY – $78.8 million
- JUP – $57.9 million
- ENA – $40.7 million
- RLB – $27.9 million
- BONK – $27.3 million
- AAVE – $23.6 million
Hyperliquid topped all different initiatives with a $644.6 million buyback spend. By way of its Help Fund, the corporate has repurchased 21.36 million HYPE tokens to this point, equal to 2.1% of the full provide.
Hyperliquid, which spent a mean of $65.5 million month-to-month by 2025, made its highest buyback in August with $110.6 million.
Second-placed LayerZero (ZRO) introduced a one-time $150 million buyback in September, repurchasing 5% of the full provide from early buyers. The typical ZRO buy value was recorded at $3.
Third-placed Pump.enjoyable (PUMP) spent $138.2 million, repurchasing 3% of the full provide. Because the program launched in July, the typical month-to-month spend has reached $40.4 million. Nonetheless, following the market correction in October, a number of the bought tokens have already entered a loss place.
Raydium (RAY), the decentralized alternate inside the Solana ecosystem, ranked fourth with $100.3 million in buyback and burn spending. Raydium’s programmatic buyback system has been lively since 2022.
Over $1.4 billion has been allotted to token buybacks by 2025. Initiatives are utilizing this mechanism as a solution to return worth to token holders, in response to criticisms of a low circulating provide and excessive FDV (absolutely diluted valuation).
*This isn’t funding recommendation.

