Injective has confirmed that its June community buyback pool reached $315,000, marking the largest single revenue-funded pool in the protocol’s history. The development follows a series of scheduled burns designed to distribute network value back to the ecosystem while reducing the circulating supply of the native INJ token.
The program, accessible through the Injective Hub, operates on a revenue-sharing model where protocol fees are used to fund the buyback. Under this mechanic, users can commit INJ on the platform to receive a pro-rata share of the protocol revenue. The INJ tokens committed by participants to the pool are subsequently removed from circulation through a permanent burn.
The next @injective Community BuyBack opens in a few days
June's pool hit $315,000. Largest in program history.
A share of that month's network revenue fills the pool.
You commit $INJ to get a pro-rata share of the protocol's monthly fee basket, the protocol burns every INJ… pic.twitter.com/I9PHjQ2wI5
— Mohammed Asif (@stupidoasif) June 29, 2026
The June pool total of $315,000 represents a shift in protocol revenue scale compared to previous months. In May, Injective reported a community buyback that burned more than 55,000 INJ. Analysts tracking the ecosystem note that slots for these community-led events frequently fill within minutes of opening due to high demand for the pro-rata distribution.
Burn Totals and Supply Squeeze
The June event contributes to a broader deflationary trend within the ecosystem. Total INJ burned since the mainnet launch has reached approximately 7.1 million tokens. Much of this activity is governed by the IIP-617 “Supply Squeeze” proposal, which optimized the frequency and efficiency of the burn mechanism to better align with network growth.
While the June pool reached a record dollar value, official figures regarding the exact number of INJ burned in this specific round and the total number of unique participants have not yet been disclosed. The protocol’s revenue distribution typically includes fees generated from decentralized exchanges and other decentralized applications (dApps) built on the layer 1 network.
According to updates from the project, the next round of the community buyback is scheduled to open this wednesday.
The $INJ Community BuyBack returns this Wednesday
Gear up for July's event, now worth over $246,000!
Big things coming 🥷 pic.twitter.com/OkZkB4o3Ik
— Injective 🥷 (@injective) June 29, 2026