Pump.fun co-founder Sapijiju stated that from July 6 to July 12, Bonding Curve, PumpSwap, and Terminal generated a total of $5.9 million in protocol fees, of which 50% of the net fees were used for automatic repurchase and destruction of PUMP through a locked smart contract. In the past 7 days, the amount repurchased and destroyed exceeded $3 million, bringing the cumulative total to approximately 14.99% of the total PUMP supply.
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