Token buyback strategies are quietly changing. This year, weekly buyback expenditures on DeFi and DEX platforms are expected to double, but the underlying logic has changed significantly.

In the past, many protocols adopted a somewhat crude approach—using any available fees for buybacks, often resulting in reflexive operations. Now, the situation is shifting. More projects are adopting buyback mechanisms, but with an upgraded implementation approach. Instead of reflexively spending based on conditions, they are moving towards more rational decision-making, emphasizing value-driven and disciplined inventory management.

What does this mean? Protocols are beginning to think seriously about how to spend money. Not for short-term price manipulation, but for meticulous decisions based on long-term value considerations. This shift reflects the maturity of the entire DeFi ecosystem and gives token holders more confidence—the teams are taking financial management seriously.