#OneGate见证计划 Altcoin season has completely changed: projects with buybacks are skyrocketing, while those without buybacks are being eliminated

A new cycle has now begun, and all the projects that have emerged successfully are those with buybacks. The ones reaching the top are all projects with both buybacks and ETFs. Let’s review which projects have buyback mechanisms and have performed well.
First, the strongest buyback mechanism at present is automated on-chain buyback and burning. Since Web3 projects are currently issued on-chain, protocols automatically using their revenue to conduct periodic buybacks through smart contracts is highly consistent with the spirit of blockchain.

1. hype
hyper uses 90% of its protocol fees for buybacks, and hyper is also a 24/7 money-making machine, currently generating more than $1 billion in annual revenue. There is always such a “whale” continuously buying in the market, so the token price naturally keeps surging.
hyper has currently burned a cumulative 1.3 billion tokens, with an average of 50,000 hyepr burned daily.
hype surged as high as 97, bottomed at 23 in January 2026, and has now increased fourfold—simply unfathomable.

2. Pump
The second project with automated on-chain buybacks is pump, which uses 50% of its protocol fees for on-chain buybacks and burns the tokens directly. In April 2026, it burned $370 million worth of tokens in a single transaction.
pump has now burned 17% of its supply, burning $1 million worth of tokens daily recently. pump’s token price has increased fivefold since June 2026.

3. Uni
Uni’s fee switch was actually turned on last year, enabling programmatic buybacks and burns. Uni has now burned a cumulative 11.3% of its supply, with 2,000–4,000 tokens burned daily. Uni’s token price has also risen fourfold, from a bottom of 2.5 to the current 9.

4. SKY (formerly MakerDAO) is a veteran DeFi protocol that uses 55% of its protocol revenue for programmatic buybacks. However, the SKY bought back is not burned; instead, it is said to be removed from circulation, while some of the tokens are diverted to repay reserves, drawing criticism.
SKY’s token price has currently doubled from its bottom of 0.05.

5. Aster
Aster uses 99% of its platform fees for buybacks, apparently copying hyper’s model, but it does not burn the tokens; instead, it rewards Aster stakers.
Aster’s token price has not reacted much so far!

6. Pancake
Part of the fees is used for buybacks, triggered according to rules and cycles. However, CAKE has emissions, so it is not necessarily deflationary on a net basis.

Of course, there are many other projects with similar buyback and burn mechanisms, but they have not been included because the processes are not executed automatically in a programmatic manner.

In summary, the first four of these projects currently have the best performance among those using programmatic automatic buybacks and burns!$HYPE