Pumpdotfun’s acquisition of Padre was a strategic move to capture over $5 million in daily volume that was previously going to trading bots. By owning the full pipeline — from token creation to DEX to trading terminal — they now control the entire ecosystem.
So far, they’ve executed $146 million in buybacks this year, ranking third after #ethena and $AAVE , with 9.4% of the total supply already burned.
This is what vertical integration in crypto truly looks like — shrinking supply while expanding revenue.
Most protocols dilute to scale. #Pumpdotfun , on the other hand, grows to burn.
AAVE
97.35
+0.33%
ENA
0.0915
+0.77%