Token Buybacks Explained: How Protocols Turn Fees Into Price Support
Token buybacks explained from zero: where the fee revenue comes from, what happens to the coins after, and why an announced buyback can still do little.
Token buybacks explained from zero: where the fee revenue comes from, what happens to the coins after, and why an announced buyback can still do little.
An attacker drained about $75 million from Tectonic on Cronos by inflating a token that barely traded. Price manipulation is now one in eight crypto hacks.
Silicon Network, an Ethereum L2 tied to Korean exchange Korbit, is winding down by December 31 with roughly 9.75 million dollars still stranded onchain.
The biggest crypto hacks of 2026 skipped the code and stole the keys. Losses fell below 2025, yet one state-linked crew still took nearly half the total.
Funding rates are the recurring fee that keeps perpetual futures tied to spot. Learn how the 8-hour payment works, who pays whom, what the rate signals.
Injective lost $4.9M on August 31 to a market-ID collision in binary-options settlement, then framed the near four-hour block halt as a routine upgrade.
Robinhood Chain is nearing 1 billion in TVL two months after its launch, but Uniswap supplies almost all the liquidity while tokenized stocks stay small.
A crypto liquidation is the forced close of a margin trade. Learn how the mark price, maintenance margin, and cascades erase a position fast.
Unlock trackers list a 9.92 million HYPE unlock worth about $797 million on September 6, but the Hyper Foundation has claimed only a fraction each month.
Polymarket prices the CLARITY Act at 13% to become law in 2026 while Kalshi gives the September vote a 91% chance. Its odds fell from 82% in February.
Ethereum staking hit a record near 34 percent of supply. EIP-8363 would cut the staking yield toward zero, and validators signal just 3 percent support.
Tokenized stock transfers hit $29.5B, up 415% in a month. The value actually held on chain rose just 1.45%, and three venues hold 81% of the total.
A smart contract is code on a blockchain that holds money and runs itself when its rules are met. Here is how they work and why they get drained.
Plasma was built to move stablecoins for free and rival TRON. XPL trades 95% below its high, and the base chain earned $573 in a day.
Capricorn's buyback moved 5.3% of APR supply from early investors to its treasury and burned none of it, yet the token still doubled.
Bitwise says revenue-funded buybacks could double crypto valuations. Aave's buyback is paused and over $23M underwater with AAVE at $87.