Cryptocurrency analyst Defi Investor ranked the protocols that repurchased Altcoins by market capitalization. According to an analyst’s post, the buyback project is listed as follows:
Market capitalization categories under $50 million included Silo Finance (Silo), Gearbox (Gear), and Natix Network (Natix).
Projects with a market capitalization of between $50 million and $500 million include Kaito (Kaito), Defi App (Home), Debridge (DBR), and Aevo (Aevo).
Etherfi (Ethfi), Maple Finance (Syrup), Raydium (Ray), and Dydx (DYDX) were listed in the $500 million to $1 billion category.
Among projects with a market value of over $1 billion, Hyperquid (hype), Aave (Aave), ChainLink (Link), Pump Fun (Pump), Jupiter (Jup), and Sky (Sky) were notable.
However, it is important to remember that many of these altcoins have unlimited maximum supply and tend to have a high token inflation rate. In particular, Defi Token offers rewards in exchange for staking tokens on the platform.
*This is not investment advice.
