destruction

According to The Block, Hunter Biden, the son of former U.S. President Joe Biden, stated that after the Democratic Party won control of both the House and Senate, the LAPTOP token has destroyed 5.5% of its supply.Hunter Biden mentioned that this destruction triggered two of the thirty predictive conditions designed for the token. The total amount destroyed currently stands at 17.65%, but the token dropped 13% today, to $0.035.

The on-chain trading terminal Genius posted on X that it is expanding the role of GENIUS in the ecosystem, introducing revenue-driven buybacks and burns, and adding new benefits for token holders within the Genius App.The official announcement listed three arrangements. First, a portion of the revenue generated by the Genius App will be used to buy back GENIUS from the market and permanently destroy it, directly linking product activity to token supply. Second, holding GENIUS will provide discounts on subsequent transaction fees within the app and other Genius applications. Third, users holding at least 1,000 GENIUS will be certified and displayed as top users within the app, while also potentially receiving subsequent gifts and other in-app benefits.Genius's official profile describes it as an on-chain trading terminal, supported by YZi Labs and in collaboration with the Genius Foundation. The team announced on October 27 the launch of the Genius App on the BNB Chain, integrating trading, social interaction, and token creation into mobile.

TRON Eco released the latest deflation report, showing that the cumulative value of ecological buybacks and destructions has exceeded 30.9 million USD, marking an important milestone in its transition to a revenue-supported token economy.Among them, the buyback and destruction plans for JST, SUN, BTT, and WIN continue to reduce token supply, with BTT and WIN completing the first round of destruction; JST has upgraded its buyback and destruction mechanism to include GasFree business revenue, forming synergy with the three core product lines of JUST. The related progress connects protocol activities with verifiable supply reductions, further strengthening TRON Eco's commitment to a long-term token economy. The complete report can be accessed through the official link.

On October 27, SUN announced the completion of the 52nd round of $SUN buyback and destruction, with a total of 7,232,977.17 SUN being repurchased and permanently destroyed. The funds came from a portion of the protocol revenue generated between July 25, 2026, and October 25.As of this round, the total amount of SUN destroyed has reached 685,780,165.49, of which SunSwap V2 has cumulatively destroyed 388,023,868.41, SunPump has cumulatively destroyed 285,879,914.81, and SunX has cumulatively destroyed 11,876,382.27. The buyback and destruction mechanism continues to advance and is gradually becoming an important support for the long-term construction of a sustainable token economy and ecosystem for SUN.

According to CoinDesk, a large number of AI-assisted vulnerability reports have flooded in, prompting the Solana validator client Firedancer team to require researchers to permanently destroy 1 SOL (approximately $100) for each submitted vulnerability report to curb spam reports. This fee is non-refundable, even if the report is invalid, out of scope, or a duplicate; reports that do not destroy SOL are ineligible for rewards.The $1 million audit competition from April 9 to May 9 attracted 162 researchers who submitted 809 reports, resulting in 127 unique security findings, with nearly half of the valid submissions being duplicates. Jump Crypto believes that almost all submissions involved AI agents in the discovery or writing process, with pending reports once piling up to 299.Meanwhile, Jump has raised the reward standards, with eligible findings able to receive double the standard bounty before November 20, and specific vulnerabilities for Alpenglow being three times, with critical findings up to $300,000.

The blockchain game project ArchLoot announced that it will permanently destroy 44,583,346 locked AL tokens, which come from the ECO Pool (30 million), Treasure Pool (approximately 10.417 million), and Reserve Pool (approximately 4.167 million). After the destruction, the related tokens will no longer be unlocked, distributed, or circulated.The official statement indicated that after the destruction is completed, the on-chain transaction hash will be published for community verification.

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.