PumpFun Burns $370M in PUMP Tokens After Buyback Scrutiny

• PumpFun has burned all previously repurchased PUMP tokens, worth about $370 million and equal to roughly 36% of circulating supply.
• The platform says it will allocate 50% of revenue over the next year to a programmatic buyback-and-burn mechanism.

PumpFun has moved to address concerns around its token buyback strategy by burning all previously repurchased PUMP tokens and setting out a clearer framework for future supply reductions. PumpFun removes repurchased tokens from circulation The platform said it had burned around $370 million worth of bought-back PUMP tokens, representing roughly 36% of circulating supply. The move follows community questions about how repurchased tokens would be handled and whether buybacks would translate into a measurable reduction in supply. For token holders, that distinction matters. A buyback can support market confidence, but only if the market understands what happens next. Tokens held in a treasury can, at least in theory, return to circulation. Burned tokens cannot. PumpFun’s decision is therefore aimed at removing uncertainty around the already completed purchases. The company framed the burn as a trust-building step with its community. In the current market, that language is not unusual. Token projects are under pressure to show that economic design is more than marketing, especially after years of unclear treasury management and loosely defined incentive programs across the sector. Half of revenue earmarked for future burns PumpFun also said it has started a programmatic buyback-and-burn scheme that will use 50% of revenue over the next year. The stated goal is to make the process more predictable and reduce as much circulating supply as possible over time. That turns the mechanism into an ongoing capital allocation policy rather than a one-off gesture. It also links PUMP’s token economics more directly to platform revenue, a structure increasingly used by crypto projects trying to demonstrate value capture. Still, execution will matter. Investors will likely watch whether the program runs consistently, how revenue is calculated and whether future burns are disclosed with enough detail to be independently tracked. For now, PumpFun is trying to send a simple message: buybacks will not sit idle on the balance sheet. They will be removed from supply.