If a project doesn't buy back its own tokens, why should you? Here's my Protocol Buybacks Tier List 🧵 ➣ Bull 🐂 @HyperliquidX: Hyperliquid uses 97% of trading fees to buy back or redistribute $HYPE, $235m to date. In 30 days, they distributed $78.29m to holders. @aave: Recently approved a $1m weekly $AAVE buyback. It’s the first major OG DeFi protocol to formalize buybacks. @RaydiumProtocol: 12% of trading fees from every swap to buy back $RAY. $193m repurchased so far & $7.7m distributed to holders in 30 days. @SkyEcosystem: Sky initiated $1m/day buyback and burn using its stablecoin revenue (USDS), removing ~2% of the total token supply by mid‑2025 @PancakeSwap: 40% of the fees are used for $CAKE buyback. They've distributed $101.75m to holders in the last 30 days. @KaitoAI: Weekly buybacks that help stabilize inflation and VC selling pressure. The buyback cut the circulating supply by ~3.5 million tokens. ➣ Crab 🦀 @dYdX: 25% of net fees for buybacks, staking $DYDX; 40% for staking rewards, making buybacks only slightly deflationary & not very effective. @BNBCHAIN: Allocates 20% of quarterly revenue to buy and burn $BNB. No holder revenue is present. @ether_fi: The program is still in the early stages, only $3.4m has been bought so far. Still risks of inflation and increased selling pressure. @THORChain: Buybacks are counterbalanced by inflationary minting, leading to neutral long-term supply pressure, even with fee-based burns. @orca_so: 20% of its protocol fees to buy $ORCA, which are then used for staking rewards. Buybacks are minimally deflationary and not very effective. ➣ Bear 🐻 @PolyhedraZK: Awful price action and with manipulation and huge selling pressure. $ZKJ dropped from $2 to $0.30 in one day. Buybacks are useless. @Shibtoken: Relies on community manual burns and Shibarium fee burns, no systemic buyback from revenue. @pumpdotfun: Although the team is performing buybacks, the project is slowly fading after TGE. This may be the final nail in the coffin for memecoins, @bonk_fun: Same argument as for @pumpdotfun. The meme narrative is a sinking ship, and buybacks won't save it. It's just a matter if time. What did I miss? Hope you enjoyed this post and found some new VALUABLE information. If you wanna support me, I'd appreciate a like, reply, and RT <3