destruction

Hunter Biden, son of Biden, stated that over 12% of the total supply of LAPTOP tokens has been permanently destroyed. Among them, 30% of LAPTOP tokens are linked to real-world prediction results: if the relevant predictions come true, the corresponding tokens will be destroyed; if the predictions are not realized, the tokens will be donated to charity.This destruction was triggered by predictions related to the Nobel Peace Prize and also includes all unclaimed airdrop tokens.

On October 19, WINkLink announced that the first round of the WIN buyback and burn plan, which will be launched in the third quarter of 2026, has been completed, with a total of 67,357,364,510 WIN (approximately 6.735736 billion) burned in this round.According to the plan, 100% of the revenue generated by WINkLink will be used for the WIN buyback, forming a continuous deflationary mechanism supported by protocol revenue. The details of this round of destruction and the on-chain transaction records can be publicly queried, and the execution process is transparent and verifiable. The implementation of the first round of buyback and burn marks a substantial step for WINkLink in optimizing token economics and building a long-term ecosystem, laying a foundation for the normalization of subsequent rounds.

WINkLink announced that the first round of the WIN buyback and burn plan, which will be launched in the third quarter of 2026, has been completed, with a total of 67,357,364,510 WIN (approximately 6.735736 billion) burned in this round.According to the plan, 100% of the revenue generated by WINkLink will be used for the WIN buyback, forming a continuous deflationary mechanism supported by protocol revenue.

Aster officially announced that from October 5, 2026, 00:00 to October 19, 2026, 00:00 (UTC), 99% of the daily transaction fees on the platform will be used for buybacks, totaling 2,721,732.41 ASTER repurchased for stakers; at the same time, an equivalent amount of ASTER tokens allocated by the team has also been burned.Since adopting the upgraded token economic model on June 17, 2026, the total amount of ASTER burned has reached 32,307,874.94 tokens; the project's historical total burn amount has reached 210,088,876.51 tokens. As of now, Aster expects the annualized staking yield to be: 4.53% for a 26-week lock-up and 24.8% for a 208-week lock-up. Actual yields may vary.

Hyperliquid HIP-3 has generated a total revenue of 75 million USD, of which 37.5 million USD goes to the deployer, and another 37.5 million USD is used for the buyback and destruction of Hyperliquid's native tokens.HIP-3 is the mechanism for the deployer to launch perpetual markets on Hyperliquid, allowing the deployer to define the oracles and contract specifications and be responsible for operations, while reusing the protocol's order book and clearing infrastructure. The related market fees are usually shared between the deployer and the protocol in proportion, and the protocol's revenue can be used for buyback and destruction.

The founder of the WHUF project posted on X that the WHUF trading price is below the ICO price. He stated that the price guarantee is functioning as designed, and the redeemed WHUF will be destroyed and permanently removed from circulation. The team originally expected this mechanism to reduce sell-offs close to $3.57, but 23% of the original purchase amount did not receive guarantees within the protection window, which currently constitutes the largest outflow.The founder mentioned that the team focuses liquidity on Coinbase, hiring two market makers and allocating 175 basis points of centralized exchange liquidity, with only about 25 basis points on-chain. The launch pool has about 20,000 WHUF and less than $100,000 USDC, with auction buyers selling about 101,000 WHUF in the first hour after unlocking. A single $10,000 sell order caused the price to fluctuate nearly 20%. Of the 1,402 auction wallets, 298 sold, with 92% occurring in the first 3 hours. The team refused to pay for listings, and the exchange's +/-2% depth sometimes only amounts to $10,000 to $40,000. Of the $7.14 million raised from the ICO, $7.14 million has been reserved for price protection.The founder stated that if the auction is redone, they would choose Uniswap CCA and use the Sonar platform fees to inject liquidity. Redemptions must check against the sanctions list, and Sumsub has flagged 5 individuals who did not pass, with reasons including terrorism and crime. Redemptions for non-sanctioned users have been automated, and the team will return USDC in batches and destroy the corresponding WHUF, which is expected to take at least several days. At the time of the project's issuance, 20% of the supply was sold, mainly raised from the community, and provided protocol usage rewards and ICO price protection.

According to monitoring by Sandeep Nailwal, the Polygon protocol destroyed 100 million POL two weeks ago, accounting for about 1% of the total token supply, with funds sourced from network-generated transaction fees. Currently, another 22 million POL are prepared to enter the next phase of destruction, accounting for about 0.2% of the total supply.Polygon has not fully disclosed the impact of OMS on POL, and relevant information will be announced soon. Last week, the annualized transaction volume processed by OMS exceeded 1 billion dollars for the second consecutive week.

The founder of Pons, Ozzy, posted on platform X in response to community concerns about the PONS buyback and burn mechanism, stating that the current burn rate has indeed not been adjusted, and the "Claim" process has not yet achieved complete decentralization.He mentioned that an on-chain contract upgrade is currently underway, with a new buyback mechanism planned to execute a Claim every 7 days. Subsequently, all funds received in the following 7 days will be used for buyback and destruction of PONS, and this process will repeat to establish a more sustainable buyback and burn mechanism. Currently, all buyback and burn operations have been automated. Anyone can trigger this bot and receive a small reward for this action.He further stated that the previously set buyback and burn rate is 2e per hour. Combined with the current funding scale of approximately 950,000 USD in the Splitter (fund diversion contract), this rate aligns with the 7-day buyback cycle. Funds will also be automatically executed according to the 7-day cycle after being claimed, so the buyback funds will be displayed in two different sections: one is the current active buyback fund pool (Active Buyback Vault), and the other is reserved for the buyback funds for the next week.Previously, crypto analyst yyy posted on platform X stating that Pons has not replenished funds to the buyback allocator for over 5 days, with approximately 440,000 USD in the escrow account awaiting claim. He believes that the untimely claiming of funds has led to a low burn rate of PONS recently and calls for promoting the decentralization of fund claims from the escrow account.

Synthra Finance posted on X that it has directly repurchased nearly 2 million POLL from the market and completed the destruction.Synthra Finance stated that after this operation, the total amount destroyed is close to 7% of the total supply of POLL, and mentioned that the related repurchase comes from protocol revenue, marking another round of repurchase and destruction.

According to Onchain Lens monitoring, Hyperliquid has bought and burned 20,200 HYPE at a volume-weighted average price of $89.05 over the past 24 hours, worth approximately $1.8 million.It has cumulatively burned 49.09 million HYPE, worth approximately $4.29 billion, accounting for 4.91% of the maximum supply; the revenue in the past 30 days is $55.89 million.

Arthur Hayes published a new long article titled "Safety First," with the core argument that the claims of "safety first" by Anthropic, OpenAI, and SpaceX, which lead to a slowdown in AGI development, are not out of concern for human welfare but rather due to economic realities. The market does not want AI; it wants AI at "Chinese prices," meaning it needs intelligence that is 100 times cheaper than what is currently available. Hayes points out that "safety first" essentially destroys the demand for computing power. If the spending on training new models decreases and laboratories shift towards efficiency optimization, customers will spend less on computing power. The three major AI laboratories do not generate any profits, and their demand for computing power supports over $10 trillion in investment-grade debt and hundreds of billions in low-quality debt, which rely on profitable tech companies like Nvidia, Broadcom, Google, and Microsoft for off-balance-sheet endorsements. The real backstop is the holders of insurance policies in the United States.Hayes cites an analysis by Nick Nameth that reveals a "self-insurance scam": private equity giants (such as Apollo, KKR, Brookfield, etc.) acquire insurance companies, stuffing AI data center debt and SaaS private credit impacted by AI into insurance assets, and then provide false endorsements with minimal capital through affiliated self-insurance reinsurance companies. Nameth estimates that the total amount of these false reinsurance assets reaches $1.54 trillion. Once the AI data center debt is downgraded by rating agencies due to insufficient demand for computing power, insurance companies will be forced to add capital, while the affiliated reinsurance companies will be unable to pay, leading to insolvency for the insurance companies. In most states in the U.S., the insurance protection limit is only $250,000 to $300,000, and existing insurance companies only pay into the protection fund afterward, which encourages all parties involved to maximize risk-taking. When AIG was bailed out in 2008, TARP funds ultimately flowed to Goldman Sachs and led to record bonuses, while the general public only received foreclosure notices; Hayes believes this scenario will repeat itself.For cryptocurrency investors, the conclusion is a win-win situation. If the U.S. government chooses to become the "last buyer of computing power," it will print money in the name of national security to fund unproductive economic goods, driving up financial speculation and Bitcoin prices; if the government chooses to bail out insolvent insurance companies, it will also need to print money to cover bad AI debts, increasing the money supply and pushing up Bitcoin. Hayes specifically points out that the Federal Reserve voted unanimously last week to raise interest rates by 25 basis points, and RMP bond purchases have stopped since August 14, but commercial banks have taken over to create over $100 billion in currency, and the interest rate hike allows banks to earn an additional $7.5 billion in excess reserve interest each year. This money will be used to expand loans and market speculation, and the net effect remains stimulative. The fluctuations in the cryptocurrency market, which saw a slight increase at the end of August, are about to end, the supply of dollars will continue to grow, and Bitcoin and some selected altcoins will rise. Hayes also described this situation as "incredibly wonderful," stating that the government will not allow the free market to stop building AI data centers, there will be an oversupply of spot computing power, the usage of AI agents will increase, and the surge in money printing will drive investors to chase cryptocurrency assets.

Cronos CEO Ryan Wyatt posted on the X platform that the team will announce the eligibility rules for its network token launch platform project on Crypto.com this week.The Cronos app will go live in 10 days, and the tokenomics proposal aims to use 100% of the app's revenue for the buyback and destruction of CRO.

KOL Ansem (@blknoiz06) announced the launch of the first on-chain index z500 on Ansem.io. The protocol allows new project teams to airdrop a portion of their token supply to $ANSEM holders at the time of token issuance, and to demonstrate long-term alignment intentions by buying and burning $ANSEM, thereby improving their ranking on the z500 leaderboard. $ANSEM holders only need to hold one token to gain exposure to multiple successful projects through automatic airdrops.Ansem stated that Pump.fun solved the token creation problem but has yet to address the filtering and curation issues. z500 requires teams to invest value upfront (such as buying and burning $ANSEM) to enhance transparency and filter long-term projects, reducing bundled sell-offs and quick exits. The leaderboard will showcase teams that buy and burn the most $ANSEM and those with the best market performance of airdropped tokens. Ansem claims it will actively share the top projects on the list and noted that the market cap of $ANSEM has risen from about $200,000 to over $200 million since its takeover.This mechanism aims to flip the creator economy model, allowing brands to deliver value directly to $ANSEM holders instead of paying KOLs who might sell off, thus providing productized alignment marketing for quality teams while enhancing network effects.

According to The Defiant, Geoff Kendrick, the Global Head of Digital Assets Research at Standard Chartered Bank, stated that the previously set target price of $100 for UNI by the end of 2030 may be too low. Kendrick pointed out that the protocol fee burn rate for Uniswap on the Robinhood Chain exceeded previous expectations.Data shows that from July 27 to August 12, the average daily income of the Uniswap protocol was approximately $244,000, annualizing to about $89.1 million, all of which was used for repurchasing and burning UNI. Based on the current price of about $3.53, the annualized burn amount accounts for approximately 4% of the circulating supply (624.2 million tokens). Kendrick described this burn rate as "clearly unsustainable," and even with his target price of $6.5 by the end of 2026, the annualized burn rate would still reach 2.2%, which is also difficult to maintain in the long term, and does not account for more collaborations similar to Robinhood.In the recent 7 days, the total income of the Uniswap protocol was approximately $1.55 million, with the Robinhood Chain contributing about $925,000, accounting for about 60%. Uniswap has deployed v2, v3, v4, and UniswapX on this chain, becoming a major public AMM.

On-chain data shows that the cumulative destruction amount of the JST black hole address has exceeded 1.604 billion, with the current on-chain value approximately 161 million USD. Since the launch of the buyback and burn plan, JustLend DAO has completed four rounds of buyback and burn driven by real protocol revenue, all operations are publicly traceable on-chain.As of now, the cumulative destruction amount of JST has surpassed 17% of the total supply, and the deflation process continues to deepen. As a core infrastructure of the TRON DeFi ecosystem, JustLend DAO will continue to promote the iterative upgrade of the buyback and burn mechanism, supported by real protocol revenue, continuously strengthening the deflationary path of JST, and creating a more certain long-term value anchor for holders.

The 51st repurchase and destruction of SUN tokens has been successfully completed. Since its launch in December 2021, the total amount destroyed has exceeded 678 million tokens (678,547,188.32 tokens), continuously demonstrating the deflationary effect. Among them, the three major business lines of SunSwap V2, SunPump, and SunX contributed approximately 382 million tokens, 286 million tokens, and 10.7 million tokens respectively, providing solid support for the long-term destruction mechanism through diversified revenue sources.The number of tokens destroyed this period is 9,025,027.40 tokens, and all tokens have been transferred to the black hole address for permanent storage. This mechanism continues to reduce the circulating supply in the market, further strengthening the scarcity attribute of SUN tokens and laying a solid foundation for the long-term healthy development of the token economic model. The SUN team will unwaveringly promote the repurchase and destruction strategy, continuously enhancing ecological value and giving back to the community for their long-standing trust and support.

The decentralized AI infrastructure project DeAgentAI, leading in the SUI and BNB ecosystems, announced the completion of a $5 million AIA token buyback plan. It is reported that the first batch of 1 million AIA tokens has been executed early, and the second batch of 10 million AIA tokens has been completed, with a total of 11 million tokens destroyed, accounting for 23.1% of the total repurchased amount, all sent to a black hole address for permanent destruction.Notably, DeAgentAI announced that the quarterly destruction mechanism is officially online, and the AIA destruction plan will continue to be executed quarterly, marking the normalization of the deflationary mechanism. The source of the buyback funds is the project protocol revenue and its own AI trading model profits, unrelated to external financing or token issuance.On-chain destruction record: 8G2MPM3sK7zEqax715HqLqAPzTvw6JV5yDUHepZ1Nycr