Total MarketCap:$00
API
EN
Dark

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research
00:00
00:0000:00
00:00 / 00:00
    Markets
    Indexes
    NewsFeed
    TokenBar®
    Analysis
    Macro
    Watchlist
Share

deBridge launches Reserve Fund to buy back its DBR token with all protocol revenue

Powered by ChatGPT
#DeFi
The Block
658Words
Jul 24, 2025

deBridge Foundation, the organization behind the popular bridge protocol, has unveiled a Reserve Fund that channels 100% of protocol revenue into open market purchases of its $DBR token, part of an effort to establish long-term value and provide users with a line-of-sight into more than $30 million in DAO assets.

Since going live in June, the Reserve Fund has already acquired 1.3% of $DBR’s total supply of 10 billion tokens, currently valued at nearly $3 million, the project informed The Block. The fund now sits alongside deBridge’s broader treasury, which holds $30.1 million across $DBR, USDC, SOL, and ETH as of July 24, according to details shared by the foundation.

The initiative is also exploring yield-bearing strategies to increase the fund’s overall value. According to the project, Idle USDC stablecoins on Ethereum are deposited into lending protocol $Aave, while ETH is staked via Lido’s platform. On Solana, SOL and native USDC are deployed on Kamino Finance to earn returns. A public dashboard has also been released, tracking every purchase, balance, and real-time yield, providing the community with an on-chain audit trail of the foundation’s balance sheet.

$DBR is the native governance token of the deBridge protocol, which was introduced in late 2024 and issued on the Solana blockchain as an SPL token. Launched in early 2022, deBridge operates as a cross-chain liquidity transfer solution that connects multiple networks like Solana, Ethereum, and BNB Chain. It doesn’t require users to lock assets and receive an equivalent wrapped token, a popular bridging design regularly exploited by cybercriminals.

deBridge raised $5.5 million in funding from investors, including Animoca Brands and ParaFi Capital, back in 2021. According to DefiLlama data, deBridge has nearly $10 million in annualized fees, and its $DBR coin has a market capitalization of over $80 million.

The buyback model echoes recent moves by dYdX, Pump.fun, Raydium, and other decentralized platforms that use protocol revenue to burn or accumulate native tokens in a bid to tie value directly to network activity and support ecosystem growth.

All You Need to Know in 10s
TermsPrivacy PolicyWhitePaperOfficial VerificationCookieBlog
sha512-gmb+mMXJiXiv+eWvJ2SAkPYdcx2jn05V/UFSemmQN07Xzi5pn0QhnS09TkRj2IZm/UnUmYV4tRTVwvHiHwY2BQ==
sha512-kYWj302xPe4RCV/dCeCy7bQu1jhBWhkeFeDJid4V8+5qSzhayXq80dsq8c+0s7YFQKiUUIWvHNzduvFJAPANWA==