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DEFI Revenue Revenue Cumulative Protocols Buybacks in USD

DeFi

The running cumulative USD value of tokens bought back by DeFi protocols using their own revenue, since tracking began Shown here for Raydium.

Why it matters

To measure the total scale of capital protocols have committed to buying back and typically burning or redistributing their own tokens.

How it is built

Summing the USD value of every protocol buyback transaction and adding each new buyback to a running cumulative total across all tracked protocols.

What to watch

A steadily rising cumulative total shows an expanding trend of protocols returning revenue to token holders, a mechanism often compared to equity buybacks in traditional finance.

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