PumpFun burns $370M in tokens, starts buyback

PumpFun burns $370 million worth of tokens and initiates a buyback and burn scheme using 50% of revenue.

Sources

1 verified

Location

—

Updated

Tuesday, 28 April 2026 at 21:02 UTC

No media · text-only dispatch

Synthesis · 1 sources

PumpFun, a cryptocurrency project, has burned $370 million worth of its PUMP tokens and announced a buyback and burn scheme that will use 50% of platform revenue to repurchase and destroy tokens. The move aims to reduce supply and support token value. The burn represents a significant portion of the token's market cap.

Prediction markets · Polymarket

Polymarket↗

Any newly graduated Pump.fun token listed on a major CEX in 2026?

Over 10,000 Pump.fun graduated tokens in April?

Yes

94%

e/eineurope · topic · T-10177cycle Tuesday, 28 April 2026 at 21:02 UTC · first reported 3h ago