QuickSwap Buys Back $32K in QUICK Tokens

QuickSwap has facilitated more than $261.3 million in stablecoin trading volume on Base network. This milestone demonstrates the DEX's growing presence across multiple blockchain networks. The platform previously processed over $3.3 billion in total volume on Polygon PoS during a three-month period in 2024. The significant stablecoin activity on Base indicates increasing adoption of the layer-2 network for decentralized trading.

QuickSwap executed another weekly buyback, purchasing **2.294 million QUICK tokens** and removing **0.2294% of the total supply** from circulation. **Recent buyback activity:** - Week of Jan 27: 2.294M QUICK (0.2294% of supply) - Week of Jan 20: 2.08M QUICK (0.208% of supply) - Week of Jan 13: 3.9M QUICK (0.3917% of supply) The DEX has maintained consistent buyback programs throughout early 2026, systematically reducing token supply. These buybacks use protocol revenue to purchase tokens from the open market, creating deflationary pressure on the QUICK token. The cumulative effect of these weekly buybacks represents a meaningful reduction in circulating supply over time, potentially benefiting existing token holders through increased scarcity.

**Web3 payments are gaining momentum** as a key narrative in the blockchain space. The industry is watching to see which companies will emerge as dominant forces in crypto payments. Key developments include: - Stablecoins leading the charge in blockchain payments - Major partnerships like Coinbase working with PayPal - Polygon actively pushing the payments narrative forward The space continues to evolve rapidly, with traditional finance companies increasingly exploring blockchain-based payment solutions. **What's next?** Industry experts will discuss the future of Web3 payments and identify potential market leaders. Join [The Aggregated Spaces Episode 141](https://x.com/i/spaces/1OyKAjNNXMOGb?s=20) on December 5 at 4:00 PM UTC for deeper insights into this developing narrative.

**QuickSwap and Voltrade have launched their trading competition series on Base**, starting with NAV Finance offering a **$3,500 prize pool in $NAV tokens**. **Competition Details:** - Trade $NAV tokens on QuickSwap to qualify - Competition runs until **December 13 at 12:00 PM UTC** - Total prize pool: $3,500 in $NAV tokens **How to Participate:** - Register on [Voltrade](https://voltrade.xyz/trading_competition/navfinance-x-quickswap) - Read competition rules in the official blog - Start trading $NAV on QuickSwap This marks the **first competition in QuickSwap's new Base trading series**, expanding the DEX's presence beyond Polygon to Coinbase's Layer 2 network. *Ready to compete? Register now and start trading to qualify for prizes.*

**QuickSwap bought back 3.2+ million $QUICK tokens** over the past week, representing 0.32% of total supply. This continues the DEX's **consistent buyback strategy** that has been running for months: - Previous week: 2.4M tokens (0.24% of supply) - Two weeks ago: 2.7M tokens (0.272% of supply) - Early November: 4.78M tokens (0.478% of supply) **Token allocation** typically goes toward: - Farm rewards - Protocol Owned Liquidity (PoL) - Token burns The buybacks are part of QuickSwap's broader tokenomics strategy, with **5.5% of total supply already burned** as of October. The protocol has purchased over 13.5M QUICK tokens worth ~$328,880 in recent months. *More buybacks are planned according to the announcement.*