Pump.fun Buybacks Top $460M Amid Ongoing Trading Frenzy
Pump.fun has reached a significant milestone in its buyback program, having permanently destroyed $460.33 million worth of PUMP tokens since inception.
This represents close to half a billion dollars in value removed from circulation, with the platform currently showing 86,842 active addresses and 2.72 million transactions in just the past 24 hours.
The buyback program was launched in April 2026, where Pump.fun simultaneously burned every single PUMP token it had ever bought back from the open market in one coordinated move, worth approximately $370 million at the time, representing roughly 36% of the token's entire circulating supply.
Alongside this one-time burn, a new, programmatic buyback-and-burn mechanism was locked into an irreversible smart contract for one year, directing 50% of net revenue from the bonding curve, PumpSwap, and Terminal products toward buying and permanently destroying PUMP.