Solana Ecosystem Token Buybacks: 9 Key Projects and Their Market Impact

The Solana ecosystem is witnessing a surge in token buyback mechanisms, with nine prominent projects dedicating portions of their revenues to repurchase and burn tokens, enhancing scarcity and investor confidence. This strategy, seen across DeFi and NFT platforms, has collectively removed over 1.5% of circulating supplies, signaling a maturing approach to tokenomics amid Solana’s $11 billion+ TVL in 2025.

deBridge: 100% Revenue for Aggressive Buybacks

deBridge allocates 100% of its income to token buybacks, already repurchasing 3% of the supply. Projections estimate 20% annual buybacks relative to circulating tokens, though specific handling remains TBD, fostering long-term value in cross-chain bridging.

Marinade: 50% Monthly Buybacks and DAO Control

Marinade dedicates 50% of monthly income to MNDE buybacks, with $170 million annualized revenue fueling the program. The DAO determines token use, balancing burns and ecosystem rewards to sustain Solana’s liquid staking dominance.

Jupiter: 50% Income for JUP Burns

Jupiter channels 50% of protocol income into JUP buybacks and burns, having destroyed 95 million tokens (1.37% of total supply). This deflationary mechanism supports its role as Solana’s premier DEX aggregator, optimizing liquidity and yields.

Jito: 1.5% Fees for Periodic JTO Burns

Jito uses 1.5% of TipRouter fees for JTO buybacks and burns, eliminating over 11 million tokens annually (1.1% of supply). This reinforces its MEV infrastructure, aligning incentives for validators and stakers in Solana’s high-throughput environment.

Bonk: 50% Yields for BONK Burns

Bonk allocates 50% of LetsBONK yields to BONK buybacks and burns, driving community-driven deflation. As Solana’s flagship meme token, this sustains its 15% ecosystem TVL share, blending fun with sustainable tokenomics.

Metaplex: 50% Monthly MPLX Buybacks

Metaplex devotes 50% of monthly income (recently $780,000) to MPLX buybacks, repurchasing 3.5 million tokens (0.3% of supply). DAO oversight ensures yields support NFT standards and creator tools, bolstering Solana’s digital asset ecosystem.

Raydium: 12% Fees Fuel RAY Buybacks

Raydium channels 12% of trading fees into RAY buybacks, acquiring 5% of circulating supply. This reinforces its AMM liquidity, enabling efficient swaps and farming for Solana’s DeFi users.

Pump Fun: 100% Income for PUMP Burns

Pump Fun commits 100% of income to PUMP buybacks, redeeming $55 million in September (30% of circulating supply annually). This aggressive deflation supports its meme launchpad, capturing 10% of Solana’s $10 billion meme TVL.

Streamflow: 39% Funds for STREAM Yields

Streamflow allocates 39% of protocol income to STREAM buybacks, distributing 9.63 million tokens in July for staking rewards. This sustains its vesting and streaming utility, enhancing Solana’s DeFi composability.

Broader Trends: Magic Eden and Step Finance Join Buyback Wave

Magic Eden and Step Finance have also initiated buybacks, dedicating tokens to staking rewards and ecosystem growth, respectively, underscoring a Solana-wide commitment to deflationary tokenomics.

2025 Implications: $20B TVL Boost

These mechanisms could drive Solana’s TVL to $20 billion by year-end, reducing inflation and aligning incentives. Risks include market downturns limiting revenues, but diversified yields mitigate them.

In summary, Solana’s buyback wave—led by deBridge, Marinade, and Jupiter—reinforces token value, positioning the ecosystem for sustained DeFi growth.