Pump.fun Converts Hyperliquid-Beating Revenue for $97M Buybacks, 6.6% Supply Cut

• Pump.fun channels $97.3M into PUMP buybacks, cutting supply by 6.67%.
• Creator fees like Elizabeth Cat’s $90K in 3 days keep revenue flowing.
• Live streaming on Pump.fun beats YouTube earnings, fueling platform growth.

Pump.fun, the Solana-based memecoin launchpad, had surpassed Hyperliquid (HYPE) in daily protocol revenue, pulling in $3.12 million versus Hyperliquid’s $2.78 million on September 14, according to DefiLlama.

Related: Pump.fun Beats Hyperliquid in 24h Protocol Revenues, Moves Into Top Three

And to add as the latest update, the Pump.fun platform has now converted those earnings into $97.3 million worth of PUMP token buybacks, cutting circulating supply by 6.67%. 

By pairing record revenues with aggressive buybacks, Pump.fun is reinforcing token value while its creator fees and streaming features keep drawing users into the ecosystem…

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