PumpFun burns $370M in repurchased tokens (36% of circulating supply) and commits 50% of future revenue to ongoing buyback-and-burn mechanism.
Regulation & Gov ·
PumpFun has burned approximately $370 million in previously repurchased PUMP tokens, representing roughly 36% of the circulating supply. The move came in response to community concerns about the clarity and consistency of the platform's buyback practices, according to the announcement.
Going forward, PumpFun will dedicate 50% of its protocol revenue over the next year to a programmatic buyback-and-burn mechanism. This structural commitment aims to systematically reduce token supply while establishing predictable and transparent mechanics around token destruction, replacing earlier ad-hoc repurchase approaches.
The specifics of how revenue will be measured and allocated remain to be clarified, as does the exact scope of what qualifies as protocol revenue for the buyback calculation.