Key Highlights: Axis Robotics announced a $150,000 AXIS token buyback following steep market volatility post-launch. The company’s $12 million seed round in July was led by Hack VC, with participation from Pi Network Ventures’ $100 million initiative. Axis Robotics has disputed claims raised by on-chain investigator ZachXBT alleging that insiders dumped 42 million tokens. Axis ...
Key Highlights World Liberty Financial announced plans to repurchase additional $WLFI tokens following a steep price drop tied to weaker-than-expected midterm election outcomes for Republicans. The initiative may be financed using reserve fees generated by its USD1 stablecoin, among other capital sources, aiming to consolidate voting power with committed holders. The digital asset venture simultaneously ...
Key Highlights Binance has initiated an aggressive buyback of stolen ENA tokens using open market orders and over-the-counter (OTC) agreements, including a 128.63 million ENA transfer worth $24 million directly from Ethena. Spot market participants have actively accumulated the token, driving more than $91 million in net exchange outflows over a 24-hour window and exceeding ...
Key Highlights The Pyth DAO has officially passed proposal OP-PIP-136, committing 100% of DAO-received revenue from qualifying data products directly into purchasing and accumulating $PYTH for its treasury reserve. Pyth Network reported a surge in third-quarter annual recurring revenue (ARR) to $11.5 million—an 86% quarter-over-quarter increase—alongside 276 paying institutional and market data clients. Following the ...
Key Highlights: The Pyth Network DAO has approved proposal OP-PIP-136, establishing the “100% Rule” to allocate all protocol revenue toward accumulating $PYTH reserves. Under the new mechanism, non-$PYTH revenue entering the treasury will be used to buy back $PYTH directly from the open market via an authorized council. The overhaul replaces an earlier framework that ...
Key Highlights Raydium ($RAY) surged 12% as protocol earnings reached a yearly high of approximately $3.87 million in September, bringing total earnings to $23.26 million. LaunchLab infrastructure drove 25% of the $2.64 million allocated to $RAY buybacks, with Stonk.fun emerging as a major launch platform. Despite spot net selling of $311,530 in 24 hours, rising ...
Derive ($DRV) surged more than 40% over the last 24 hours while major assets such as Bitcoin (BTC) and Ethereum (ETH) traded in the red. Daily trading volume for the altcoin jumped over 463%, crossing $25 million at press time. Price Action and Key Technical Levels The token had been recovering from a 52% correction ...
Pump.fun Channels 54% of Revenue Into $PUMP Buybacks as Token Surges 10% Pump.fun has committed 54% of its protocol revenues to a continuous $PUMP buyback and burn program, removing approximately $3.55 million worth of tokens from circulation to date. The deflationary mechanism aims to reduce supply pressure, though the token remains roughly 50% below its ...
Ethena Foundation Announces Major Ecosystem Updates: Buyback Proposal, End to VC Overhang, and IP Realignment The Ethena Foundation has unveiled four significant ecosystem updates that…