# Buyback
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This feature is only available to **Pro** users.
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## **Overview**
The **Buyback** section tracks when a project repurchases its own tokens from the market. This is typically done to reduce circulating supply, stabilize price, or return value to token holders.
Tokenomist aggregates on-chain and reported buyback data to show how much has been repurchased, how much was spent, and the resulting impact on token supply.
## **Accessing Buyback Data**
You can find the **Buyback** section directly on a token’s page. It includes:
* A **summary panel** showing total tokens repurchased, total amount spent (USD), and total value (USD).
* An **interactive chart** visualizing buyback activity over time.
* A **table of latest buyback events**, detailing amounts, transaction costs, and recipient addresses.
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Additionally, you can also get here through the [Buyback Comparison](/features/buyback/buyback-comparison.md) or [Buyback Screener](/features/buyback/buyback-screener.md) features.
## **How to Use Buyback**
The **Buyback Overview** summarizes the key metrics at a glance:
* **Total Buyback:** The total number of tokens bought back to date.
* **Total Spent Amount:** The actual capital deployed by the project to repurchase tokens. When on-chain transactions linked to buyer addresses are known, we are able to compute this value.
* **Total Inflow Value:** The historical value of tokens repurchased (amount × price at the time of inflow into a buyback wallet).
* **Current Market Value:** Can be toggled from Total Inflow Value to see the current market value of tokens bought back to date.
* **Supply Offset (%):** The percentage that total buyback is of circulating or released supply.
* **Types / Sources / Precision**: The categorization of buyback type and where the funds to execute buybacks were sourced from, as well as how precise our data is. For more, see below.
These figures show how actively a project manages its supply and how impactful its buyback program is.
Below the overview, the **Buyback Chart** visualizes activity over time. You can toggle between:
* **Buyback Amount**, **Spent Amount**, **Value**, and **Price** metrics
* **Cumulative** or **Non-Cumulative** chart views
* Timeframes of **7D**, **1M**, **1Y**, or **All**
The **Buyback Table** lists the 10 most recent buyback events, aggregated daily, with details including date, token amount, USD spent, calculated value, and target address.
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### **Buyback Type**
The **Buyback Type** tag shows *how* the buyback was executed.
| **Type** | **Description** |
| -------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Buyback & Burn** | Tokens repurchased and immediately burned, permanently reducing supply. |
| **Treasury Buyback** | Direct token purchases from the open market (e.g., exchanges or liquidity pools) by the project treasury or foundation to rebalance reserves or retire supply. |
### **Buyback Source**
The **Source** tag indicates *where* the buyback funds come from, helping users understand sustainability.
| **Source** | **Description** |
| -------------------- | --------------------------------------------------------------------------------------- |
| **Revenue** | Ongoing product or protocol revenue used to finance buybacks. |
| **Treasury** | Capital drawn from the project’s treasury reserves or prior fundraising. |
| **Protocol Fees** | Fees collected from network or transaction activity (common in L1/L2 or DEX protocols). |
| **External Funding** | Non-recurring or external sources such as partnerships, grants, or investor funding. |
Together, the **Basis**, **Type**, and **Source** tags give full context for each buyback event, showing not just *what* was bought, but *how*, *with what funds*, and *how verifiable* the data is.
### **Buyback Precision**
The **Buyback Precision** tag indicates how the data was obtained and how reliable it is, similar in spirit to [Precisions and Assumptions](/methodology/precisions-and-assumptions.md).
| **Basis** | **Description** |
| ------------------ | ----------------------------------------------------------------------------------------------------------- |
| **On-chain Exact** | Verified through on-chain transactions with known buyer addresses and token transfers. Highest reliability. |
| **Reported** | Disclosed by the project via public reports, blog posts, or announcements. |
| **Estimated** | Inferred from indirect data when explicit transaction records are unavailable. |
### **Spent Amount vs Inflow Value**
When tokens are transferred into a designated buyback wallet, this does not necessarily indicate that the project spent *token amount × price* at that moment. Buyback wallets often
* Receive tokens purchased in advance
* Aggregate funds for multiple purchases
* Conduct OTC deals at prices that differ from spot market rates.
The **Spent Amount vs Total Value** comparison highlights the efficiency of a project’s buyback strategy:
* **Spent Amount** shows the *actual* USD capital deployed, which is derived from on-chain transactions linked to known buyer addresses.
* **Inflow Value** represents the *calculated* market value of tokens repurchased (token amount × market price at the time of buyback).
A gap between the two indicates off-market purchases, OTC deals, or varying execution efficiency.
## **Why It Matters**
Buybacks provide a unique window into a project’s financial health and token management discipline:
* Consistent buybacks often signal confidence in the project or a good supply control policy.
* Buybacks remove tokens from circulation, reducing float and potentially supporting price stability.
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