Pump.fun has conducted a "burn-style buyback" of over 30% of its circulating tokens, with a cumulative buyback value exceeding $335 million.

CoinFeed reported on March 22 that, according to data monitoring by fees.pump.fun, Pump.fun spent 10,705.5 SOL (approximately $962,000) yesterday to repurchase 511.7 million PUMP tokens. Since starting the PUMP token buyback on July 15, the cumulative number of PUMP tokens repurchased has reached 107,892,506,947, worth approximately $335,199,973, reducing the total circulating supply by 30.478%.