QuickSwap Buys Back 2.3M QUICK Tokens, Reducing Supply by 0.23%
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.