Cryptocurrency analyst The DeFi Investor has identified protocols actively engaging in buyback programs for their altcoins. The analysis, based on market capitalization, reveals the following projects:
Under $50 Million Market Cap: Silo Finance (SILO), Gearbox (GEAR), and Natix Network (NATIX)
$50 Million – $500 Million Market Cap: Kaito (KAITO), DeFi App (HOME), DeBridge (DBR), and Aevo (AEVO)
$500 Million – $1 Billion Market Cap: EtherFi (ETHFI), Maple Finance (SYRUP), Raydium (RAY), and dYdX (DYDX)
Over $1 Billion Market Cap: Hyperliquid (HYPE), AAVE (AAVE), Chainlink (LINK), Pump Fun (PUMP), Jupiter (JUP), and Sky (SKY).
While these projects are undertaking buyback initiatives, it’s essential to note that many of these altcoins have unlimited maximum supply, potentially leading to inflationary pressures. DeFi tokens, in particular, frequently offer rewards through staking.
*Please note this is not investment advice.*