{"slug":"buyback-audit","title":"DeFi token buyback tracker, live executed vs promised ratio","subtitle":"Executed USD over promised USD for live on-chain buyback programs, computed against destination-wallet inflows over rolling 7-day and 30-day windows.","category":"Trading","metric":"Execution ratio","unit":"pct","status":"live","higherIsBetter":true,"value":0.985478,"leader":{"name":"Hyperliquid","slug":"hyperliquid","value":0.985478},"rankings":[{"name":"Hyperliquid","slug":"hyperliquid","ms":{"p50":0.985478,"p90":0.985478,"p99":0.985478,"mean":0.985478},"successRate":98.9581,"sampleSize":10510900},{"name":"Sky (Maker)","slug":"sky","ms":{"p50":0.0860216,"p90":0.0860216,"p99":0.0860216,"mean":0.0860216},"successRate":100,"sampleSize":270287}],"sparkline":[0.923533,0.889936,0.874234,0.909014,0.935024,0.924032,0.933928,0.921967,0.921738,0.975689,0.963756,0.966104,0.959561,0.968198,0.989037,0.999635,1.00119,1.01368,1.0199,1.02609,1.05782,1.05658,1.06249,1.06394,1.06103,0.991705,0.996469,0.989185,0.987549,0.982737,0.978485,0.975969,0.979263,0.983987,0.981708,0.99528,0.991684,0.991327,0.991942,0.987072,0.988012,0.979661,0.984706,0.976516,0.982089,0.987694,0.98818,0.989012,0.988751,0.984436,0.992507,0.986615,0.991554,0.985074,0.980109,0.993572,0.991606,0.974185,0.955035,0.952706,0.960135,0.96773,0.965917,0.966784,0.963903,0.97265,0.992886,1.00726,1.01171,1.01302,1.00771,1.00713,0.985478],"sampleSize":10781187,"asOf":"2026-07-01T17:59:11.692Z","headline":"Hyperliquid leads execution ratio at 0.99% (24h avg) on DeFi token buyback tracker, live executed vs promised ratio.","quote":"Hyperliquid leads execution ratio at 0.99% (24h avg) on DeFi token buyback tracker, live executed vs promised ratio. Source: OpenChainBench (https://openchainbench.com/benchmarks/buyback-audit).","cite":{"plain":"OpenChainBench. \"DeFi token buyback tracker, live executed vs promised ratio\". Retrieved 2026-07-01. https://openchainbench.com/benchmarks/buyback-audit","bibtex":"@misc{ocb_buyback_audit,\n  author = {OpenChainBench},\n  title  = {DeFi token buyback tracker, live executed vs promised ratio},\n  year   = {2026},\n  url    = {https://openchainbench.com/benchmarks/buyback-audit},\n  note   = {Retrieved 2026-07-01}\n}","apa":"OpenChainBench. (2026). DeFi token buyback tracker, live executed vs promised ratio. Retrieved July 1, 2026, from https://openchainbench.com/benchmarks/buyback-audit"},"pageUrl":"https://openchainbench.com/benchmarks/buyback-audit","ogImage":"https://openchainbench.com/api/og/buyback-audit","source":"https://github.com/ChainBench/OpenChainBench/tree/main/harnesses/buyback-audit","methodology":["Promised USD, DeFiLlama `summary/fees/<protocol>` endpoint, summed over the rolling window, multiplied by the protocol's documented buyback share. Hyperliquid: `hyperliquid` slug, share 0.97 (HyperCore fees → Assistance Fund). Sky: `makerdao` slug, share 1.00 (Maker / Sky protocol surplus → SBE).","Executed USD, Hyperliquid, HYPE buys credited to the Assistance Fund multisig `0xfefefefefefefefefefefefefefefefefefefefe` on HyperCore, retrieved from the Hyperliquid `info` API user fills endpoint. Quantity is converted to USD using the on-chain oracle price returned by `metaAndAssetCtxs` because that is the price the AF actually pays at execution, not a CEX index.","Executed USD, Sky, SKY ERC-20 inflows into the SBE receiver `0xBE8E3e3618f7474F8cB1d074A26afFef007E98FB` on Ethereum mainnet, paginated through Etherscan v2 (`chainid=1`, single API key for the whole multichain unified endpoint). Quantity is decoded with the SKY contract's 18 decimals and priced at the CoinGecko `sky` spot at scrape time.","Windows, rolling 7d and 30d. The harness recomputes the full window's sums each scrape rather than maintaining a delta, so historical revisions of DeFiLlama's fees series propagate automatically and no state leaks across restarts.","Cadence, 5 minutes per protocol. The numbers are gauges, not counters; sub-5-minute resolution is meaningless because both promised and executed sides are bounded by minutes-to-hours-grain upstream data (DeFiLlama daily aggregation, on-chain block time).","Excluded, GMX. V2 does not run a single on-market buyback wallet whose inflows we can audit. Fees flow to GLP / GM pool LPs in ETH and stables and to GMX stakers via esGMX reward distributors. The original treasury `0x68863dDE…dea6A` has been dormant since 2022-08 (verified via Etherscan v2), so there is no executor address that would let an audit of this shape resolve. v2 of this bench will add Jupiter Litterbox Trust (50% fees → JUP buyback on Solana) and Aave AFC as cleaner replacements.","Pricing, CoinGecko free tier (`hyperliquid`, `sky`) for the executed-side USD valuation. For Hyperliquid the on-chain oracle from `metaAndAssetCtxs` is preferred when available because that is the AF's actual fill reference, not a delayed third-party median. Aggregator drift between CoinGecko and the on-chain oracle is typically < 50 bps and is dwarfed by the ratio's own measurement scale.","Honesty boundary, the ratio measures execution against a documented promise. It does not measure whether the promise itself is generous or stingy, whether the bought-back token is held vs burned vs redistributed, or whether the buy was timed adversarially. Those are separate benchmarks that this one explicitly does not try to answer."],"license":"CC-BY-4.0"}