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Multiple projects on Solana announce buyback mechanisms: Pumpfun, deBridge, Raydium, and others with high proportion buyback Token.
According to Wu, based on the repurchase data of Solana projects compiled by the Arcium team fabiano.sol, deBridge uses 100% of its revenue to repurchase its own tokens, having repurchased 3% of the total; Marinade allocates 50% of its fees each month for repurchasing MNDE, but the specific use after repurchase is determined by the DAO; Jupiter uses 50% of the protocol fees to repurchase tokens, having repurchased 1.37% of the total, but how to handle the repurchased tokens is still under discussion; Jito buys and destroys more than 1.1 million JTO each year, accounting for 1.1% of the total; LetsBonk uses 50% of its fees to buy BONK from the open market and destroy it; Metaplex repurchases MTPLX using 50% of its monthly protocol income; Raydium uses 12% of its trading fee for repurchasing RAY, having repurchased 5% of the total; Pumpfun generates over 1 million dollars in revenue daily and uses 100% for repurchase; 39% of Streamflow's protocol income is used to purchase and distribute STREAM to stakers.