Crypto projects spent about $638 million with token buybacks through late August 2026, according to Allium Labs data. That is already a record, up from $545 million over the same stretch of 2025. Hyperliquid accounted for roughly $370 million and Pump.

Source: [CryptoSlate](https://cryptoslate.com/sec-clears-regulatory-hurdle-as-crypto-token-buybacks-hit-record-638-million/)

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