{"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,"filters":null,"value":100.214,"leader":{"name":"Hyperliquid","slug":"hyperliquid","value":100.214},"rankings":[{"name":"Hyperliquid","slug":"hyperliquid","ms":{"p50":100.214,"p90":100.214,"p99":100.214,"mean":100.214},"successRate":100,"sampleSize":6057100}],"sparkline":[1.01327,1.01217,1.01331,1.00997,1.00742,1.05505,1.05467,1.05678,1.05547,1.05823,1.06222,1.06062,1.04212,1.03979,1.0408,1.05752,1.03924,1.038,1.03167,1.02585,1.02642,1.03293,1.03003,1.03205,1.02574,1.0728,1.07392,1.0701,1.07191,1.06002,1.07605,1.11352,1.06937,1.07119,1.06731,1.07948,1.06989,1.06092,1.05969,1.07067,1.05356,1.06003,1.05648,1.0381,1.04729,1.02798,1.06665,1.07526,1.06513,1.06688,1.08193,1.08653,1.07463,1.06554,1.05745,1.04135,1.04603,1.04827,1.04634,1.04271,1.05002,1.05616,1.0685,1.08017,1.07708,1.07872,1.04099,1.0386,1.04255,1.04926,1.02286,1.00304,1.00214],"sampleSize":6057100,"asOf":"2026-08-14T16:20:55.363Z","headline":"Hyperliquid leads execution ratio at 100.2% (24h avg) on DeFi token buyback tracker, live executed vs promised ratio.","quote":"Hyperliquid leads execution ratio at 100.2% (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 2026-08-14. 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 2026-08-14}\n}","apa":"OpenChainBench. (2026). DeFi token buyback tracker, live executed vs promised ratio. Retrieved August 14, 2026, from https://openchainbench.com/benchmarks/buyback-audit","ris":"TY  - GEN\r\nAU  - OpenChainBench\r\nTI  - DeFi token buyback tracker, live executed vs promised ratio\r\nPY  - 2026\r\nUR  - https://openchainbench.com/benchmarks/buyback-audit\r\nY2  - 2026-08-14\r\nER  - \r\n"},"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"}