Metaplex Buyback Program Event
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 https://cryptocalendar.ai/events/metaplex-buyback-program-event-tokenomics-metaplex-30-09-2025
Metaplex
September 30