Does having a buyback mean a token's supply is shrinking? Each token's scheduled unlocks for the next 12 months, minus its burn at the current pace: • Growing supply: KAITO +99.9%. Unlocks ~241M over the next year, roughly its entire current float. Buyback paused, and it held rather than burned. HYPE +47.1%. Crypto's biggest buyback burns ~14M a year. Unlocks add ~119M. The schedule wins. ASTER +23.7%. The "198%" program hands bought tokens to stakers, and the burn leg has been stalled since May. PUMP +14.2%. A real recurring burn of ~26B a year, against ~82B of unlocks. AAVE +2.9%. Buys with real revenue, but the tokens are held, not burned. PENDLE +2.7%. Pays revenue to holders instead. No burn by design. • Roughly flat: BGB +0.4%. Its ~9M burn is now offset by ~12M of remaining unlocks. JUP 0.0%. Scheduled unlocks ended. The buyback holds, it does not burn. OKB 0.0%. Frozen at a hard-coded 21M cap. Nothing in, nothing out. • Shrinking: BNB -4.5%. Quarterly Auto-Burn, no unlocks left. It just works. RAY -6.8%. 12% of fees bought and burned since 2022. No announcement needed. Only 2 of 11 are on track to shrink supply. Two notes on reading this. KAITO's reading near 100% is a low-float effect: only about 24% of its supply circulates, so one year of scheduled vesting is nearly the whole float, and every 2025 launch sits somewhere on this curve. And shrinking is not automatically better: PENDLE pays revenue to holders, and AAVE recycles to stakers, both by design.(Tokenomist)