Eight Crypto Projects’ Token Buybacks Outpace Supply Growth in 2026

Eight crypto projects—MET, PUMP, GMX, RLB, MPLX, HYPE, LIT, and AAVE—have recorded token buybacks that outpaced growth in circulating supply since January 2026, according to Tokenomist. Meteora (MET) saw the largest relative impact, with buybacks equal to 71% of its January circulating supply, while Hyperliquid (HYPE) led by value, repurchasing $283 million worth of tokens as its circulating supply declined 11%. Investors will monitor whether continued buybacks help support token prices and reduce available supply.
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