Bluefin continues to dominate as the leading fee-generating protocol on the Sui ecosystem for many consecutive months, solidly outperforming competitors like Momentum (which exploded during its TGE month but still lags far behind Bluefin). The team's strong commitment through the buyback program has driven impressive price growth for $BLUE. This is clearly reflected in the stellar price performance of $BLUE over the past few weeks! In just the first month of buyback execution, the Bluefin team repurchased over 4M $BLUE tokens worth nearly $300K, equivalent to 1.24% of the circulating supply. This number will only keep climbing as the market stabilizes and the Sui ecosystem rides its upcoming wave of explosive growth! Bullish on @bluefinapp
Today marks one month since the BLUE buyback program was introduced, and we’re pleased to share that 4,092,154.24 BLUE has been purchased using $297,950.75, accounting for 1.24% of the circulating supply. Over the years, Bluefin has evolved into a multi-product ecosystem powering trading and liquidity across Sui, with BLUE at its core. The buyback program has established a transparent framework to accumulate BLUE and reinforce long-term alignment between protocol adoption and the DAO that governs it.
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