Metaplex Buyback Program Event
SEP
30
Event date
Tuesday 30 September 2025, UTC
Event description
Metaplex initiates a token buyback using protocol revenue, scheduled for September 30, 2025. This program repurchases MPLX tokens with 50% of the protocol fees, contributing to supply reduction.
Recent news highlights that in August 2025, Metaplex spent $1.1 million to buy back 6.7 million MPLX tokens, equal to 0.7% of the total supply. The buyback strengthens the DAO treasury and supports token value by shrinking circulating supply.
Future plans include continuing to allocate protocol fees for buybacks and enhancing revenue streams to sustain the program.
Onchain Data
- Tokens bought back: 6.7 million MPLX (0.7% of total supply)
- Protocol fees used: $1.1 million
- Token supply impacted: 6.7 million ÷ total MPLX supply
Community Sentiment
Community sentiment is generally positive, appreciating the commitment to reducing supply and increasing value, although some express caution about potential market volatility.
Risk Disclaimer
The buyback event could influence token price dynamics and market liquidity, though impacts depend on broader market conditions.
Sources used
Metaplex
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