#我的2026第一条帖 As one of the most profitable DeFi protocols globally, Jupiter's "cash ability" has failed. Over the past year, it has spent over $70 million in real money on buybacks, yet it still cannot stop the token from continuously declining.

Facing the awkward situation of "the more buybacks, the more it falls," Jupiter recently solicited opinions from the community, attempting to suspend the buyback narrative and instead explore a completely new reward paradigm. Additionally, Helium founder Amir also stated that the market doesn't seem to care that the project team is repurchasing tokens from the market, so under the current circumstances, they will stop wasting funds on HNT buybacks.