YEdu(@yashascore):As per the last 30D rate solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn buybacks annualise to roughly 18% of mcap vs 4% for hyperliquid:native. For the last 16 weeks it earns about as much protocol rev as HL, $65M against $68M over 30D, at roughly 1/10th of the mcap (~$2B against ~$21B) solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn looks cheap on current cash generation. h/t to @DefiLlama for the data

2026.10.31 16:26

As per the last 30D rate solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn buybacks annualise to roughly 18% of mcap vs 4% for hyperliquid:native. For the last 16 weeks it earns about as much protocol rev as HL, $65M against $68M over 30D, at roughly 1/10th of the mcap (~$2B against ~$21B) solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn looks cheap on current cash generation. h/t to @DefiLlama for the data