pump.fun (PUMP) Buyback and Burn Tracker
pump.fun commits 50% of net revenue to buying and burning PUMP against the mint, a program we covered in depth in our research.
How much PUMP does pump.fun buy back?
Measured on-chain as of 2026-08-31, pump.fun has bought back $24.9M of PUMP in the last 30 days, and $442.9M all-time (163.03B PUMP, 49.3% of the circulating float). The market currently values PUMP at 13x its annualized buyback pace on fully diluted value.
How does the PUMP buyback work?
Mechanism: buy-and-burn · 50% of revenue. Two eras. From 2025-07-15 to 2026-04-28 pump.fun spent roughly all of its revenue buying PUMP and HOLDING it (confirmed retroactively by the CEO); on 2026-04-28 it burned the whole accumulated position at once — ~128.06B PUMP (~$371M at purchase cost, ~36% of then-circulating supply), tagged as a one-off burn event, never as a daily spike (those tokens were bought over the prior nine months). Since 2026-04-29 a programmatic buy-and-burn runs on 50% of net revenue (bonding curve + PumpSwap + Terminal across four chains, net of referrals and cashbacks), committed for one year — sunset ~2027-04-28. Daily series is pump.fun's OWN published data (pump.fun/pump-token); burns verified at the mint on Solana: burnChecked 1:1 with each buy, totalSupply decreasing live, and our supply watcher reconciles the mint against the recorded series hourly (drift alarm at 0.5%). Caveat: 'programmatically locked' is pump.fun's phrase — on-chain the burns are signed by ordinary hot wallets, nothing immutable guarantees the twelve months.
The full dashboard has the daily chart, MC and FDV multiples over time, supply removed and unlock schedules: open the Buybacks tracker — or read the research piece, The price of a promise.
Other programs we measure: HYPE · LIT · UNI · AAVE