1/ In July, 5.5K $SOL ($950K) of protocol fees were used to buyback 6.4M $MPLX (over 0.6% of total supply) for the Metaplex DAO. Protocol fees also generated $2.3M, the highest since January.

2/ Every month, 50% of the protocol fees from the prior month are allocated to buying back MPLX for the Metaplex DAO. July protocol fees totaled 13,412 SOL ($2.3M), driven by asset creation on Solana and the SVM. 50% of these fees will be used for August MPLX buybacks.

3/ The Metaplex DAO is growing as a hub for decentralized governance, protocol development, and ecosystem expansion. Stay tuned for monthly updates on protocol activity and ecosystem news. Track real-time metrics via @ledger_top 👇