Hyperliquid’s $780 million buyback gains 65%, while Bonk, Jupiter, and LayerZero suffer $98 million in losses

Hyperliquid successfully repurchased 34.41 million tokens for 780 million USD, achieving a profit of 65%, thus raising its total value to 1.28 billion USD. Other projects struggled with significant losses.

Bonk experienced the greatest loss at 57%, spending 26.65 million USD. LayerZero and Jupiter also faced steep declines of 31.5% and 27.5%, respectively, reflecting poor buyback outcomes linked to weak fundamentals.