DAO Aave is considering a proposal to launch an annual buyback program for AAVE tokens worth $50 million, funded by the protocol’s revenues.
The initiative was put forward by Aave Chan Initiative, a key service provider for the project’s community.
“With the expiration of the current buyback program and its evident success, we believe it is the right time to formalize this practice to strengthen Aavenomics,” the authors noted.
The proposal suggests weekly buybacks ranging from $250,000 to $1.75 million, depending on market conditions and available revenue. The Aave Financial Committee (AFC) and analytics firm TokenLogic will oversee this.
The initiative also allows the AFC to invest reserves in Bitcoin and Ethereum in yield-generating strategies. Funds may be directed towards issuing secured debt or converting into income-generating assets.
At the time of writing, AAVE is trading at $221, with the coin’s price having decreased by 1.8% over the past day.
$1.4 Billion Spent on Token Buybacks
Since the beginning of the year, crypto projects have spent $1.4 billion on buyback programs for their own tokens, according to analysts at CoinGecko.
How much has been spent on token buybacks in 2025?
Our latest study shows that over $1.4B has been spent. In this period, $HYPE led with $644.6M in buybacks, followed by $ZRO at $150M and $PUMP at $138.2M.
Read the full study: https://t.co/NPUSJiQSkb pic.twitter.com/F5tPprHEAp
— CoinGecko (@coingecko) October 22, 2025
The decentralized exchange Hyperliquid set a record for the volume of tokens repurchased, accounting for 46% of all expenditures. The platform spent $644 million, equivalent to the combined total of all other top-10 programs.
LayerZero ranked second, announcing in September a buyback of 5% of the ZRO supply for $150 million. Pump.fun rounded out the top three with a volume of $138.17 million.
In September, the team behind the gaming sidechain Ronin announced a buyback worth approximately $4.6 million.