Ming Haw 苠颢

❗ $HYPE cumulative burn update｜As of Aug 15 ❗

@HyperliquidX has burned 47,708,260.05 coins, approximately $2.711 billion USD, accounting for 4.771% of the total supply.

In the past 24 hours, generated 292,954$ in fees, used for repurchasing $HYPE

⚠️ The repurchase address is no longer in circulation; in essence = burn.

Hype Daily #157｜Hyperliquid.

$HYPE To The Moon .

❗ $HYPE cumulative destroyed update｜As of August 14 ❗

@HyperliquidX has destroyed 47,701,669.89 coins, approximately $2.693 billion, accounting for 4.77% of the total.

In the past 24 hours, 963,368$ in fees were generated, used for the buyback $HYPE .

⚠️ The buyback address is no longer circulating; in essence = burned.

Hype Daily Report #156｜Hyperliquid.

@chameleon_jeff The die-hard again isn’t lurking underwater:

HIP-4 update—simply put, it’s these things

1. You can still add result options after deployment
Previously, once you created a prediction market, the results were fixed. Now, deployers can name and add the results afterward.

2. Fees can be adjusted by yourself
Deployers can set a fee multiplier (0 to 10x), allowing flexible fee collection.

3. A more user-friendly interface
Added shortString hints to make it easier for the frontend to display.

4. Cleaner on-chain status
Settlement details no longer occupy L1 state long-term—only those who need them will index them themselves.

5. More testnet templates
Old templates will be marked as deprecated.

What’s next:
In the next upgrade, prediction markets deployed by validators will officially begin charging fees (about half of ordinary spot).

Early on in mainnet, we’ll be fairly conservative:
Each deployer will have at most 100 concurrent markets, with no more than 500 deployments per day. Once stable, we’ll gradually open it up to 1,000 concurrent markets and 5,000 deployments per day.

Overall, this is to make prediction markets more usable and controllable, while managing initial risk.

This is clearly a positive for HIP-4, and also for $HYPE . After fees and the deployer’s share are split, perhaps the remaining 97% will continue to be used for buyback and burn.

The money-making starts—Hyperliquid.

❗ $HYPE Cumulative Burns Update｜As of August 13❗

@HyperliquidX has burned 47,679,095.23 tokens, worth approximately $2.729 billion, accounting for 4.768% of the total.

Over the past 24 hours, generated 1,280,784$ in fees, used for the buyback of $HYPE

⚠️ The buyback address is no longer circulating; in essence = burn.

Hype Daily #155｜Hyperliquid.

Maybe Tang Zhuang has traffic

@chameleon_jeff says:

Portfolio Margin and Borrow/Lend have reached production-grade scale, have been thoroughly validated, and support meaningful TVL—demand is still growing.

The order book liquidity has also matured; at the current scale, HLP no longer needs liquidity.

Therefore, in the next network upgrade, HLP will begin automatically rebalancing any underutilized USDC into its Lending sub-strategy.

Hyperliquid’s capital efficiency continues to improve.

Roughly estimate the burn rate based on the current $HYPE .

Currently, about 4.765% has been burned, with 95.235% remaining.

Assuming the pace stays the same:

- Monday to Friday: 0.002% per day → 0.010% per week
- Saturday and Sunday: 0.001% per day → 0.002% per week
- Total per week: about 0.012%

95.235 ÷ 0.012 ≈ 7,936 weeks

That translates to approximately 152.6 years.

So, if the burn rate stays at this level long-term, it will take about 153 years from now to fully burn everything.

Of course, this is only a static projection; the actual outcome will vary with trading volume and priority fee revenue.

❗ $HYPE Cumulative Burn Update｜As of August 12❗

@HyperliquidX has burned 47,655,380.51 HYPE, approximately $2.669 billion, accounting for 4.765% of the total.

In the past 24 hours, 1,243,650$ in fees were generated, used to repurchase $HYPE.

⚠️ The buyback address is no longer accessible; in essence = burn.

Hype Daily Report #154｜Hyperliquid.

❗ $HYPE cumulative burn update｜As of August 11 ❗

@HyperliquidX has destroyed 47,634,254.76 units, approximately $2.591 billion, accounting for 4.763% of the total.

In the past 24 hours, 1,039,261$ in fees were generated for buybacks of $HYPE

⚠️ The buyback address is no longer circulating; in essence = burning.

Hype Daily #153｜Hyperliquid.

❗ $HYPE Total Burn Update ❗

@HyperliquidX has burned 47,615,429.48 HYPE, worth approximately $2.615B, accounting for 4.762% of the total supply.

Over the past 24 hours, generated 1,219,263$ fees, used to buy back $HYPE.

⚠️ The buyback address is no longer accessible in circulation—essentially = a burn.

Hype Daily Report #152 | Hyperliquid.

Shortage of syrup in the short term, shortage of aluminum cans in the long term, and forever shortage of Coca-Cola $KO

❗ $HYPE 累计销毁更新 ❗

@HyperliquidX has destroyed 47,594,829.80 units, about $2.581 billion, accounting for 4.76% of the total.

In the past 24 hours, 659,404$ in fees were generated, used to repurchase $HYPE .

⚠️ The repurchase address is no longer in circulation; essentially = burn.

​Hype Daily #151 | Hyperliquid.

Hyperliquid’s key metrics have hit an all-time high.

The market hasn’t yet entered a full bull run, but Hyperliquid’s share of open interest versus CEXs is continuing to rise.

Latest comparison:

- Versus Bybit: 54.6%
- Versus OKX: 45.1%
- Versus Binance: 17.6%

The share increase is already underway.

❗ $HYPE cumulative destruction update ❗

@HyperliquidX has destroyed 47,581,109.27 coins, approximately $2.622 billion, accounting for 4.759% of the total supply.

Over the past 24 hours, 412,867$ in fees were generated and used for buybacks of $HYPE

⚠️ The buyback address is no longer in circulation; in essence = burn.

​Hype Daily #150 | Hyperliquid.

@chameleon_jeff says: Hyperliquid’s real goal isn’t just to be a trading exchange.

Many people treat it as a trading platform, but the bigger direction is: to become financial infrastructure.

You can think of what AWS did for startups.

In the past, startup teams had to buy their own servers, manage power, handle hardware, and repeatedly rebuild the backend.

Once AWS removed those hassles, small teams could focus directly on building the product.

Hyperliquid wants to do the same for finance.

Not servers, but:

- Liquidity
- The order book
- Deployment capabilities
- Perpetual markets
- RWA tokenization
- Financial applications

The key is that liquidity can reinforce itself.

As more wallets, applications, and protocols plug into the same layer of liquidity, everyone’s markets will get better:

tighter spreads, deeper liquidity, better execution, and more useful applications.

So the real bet isn’t: “Hyperliquid is a handy trading app.”

It’s this:

Can @HyperliquidX become a shared liquidity layer for on-chain finance?

❗ $HYPE cumulative burn update ❗

@HyperliquidX has destroyed 47,573,040.71 tokens, approximately $2.577 billion, accounting for 4.757% of the total.

In the past 24 hours, 1,336,192$ in fees were generated, used to buy back $HYPE .

⚠️ The buyback address is no longer in circulation; in essence = burn.

Hype Daily Report #149 | Hyperliquid.

❗ $HYPE total destroyed update ❗

@HyperliquidX has destroyed 47,552,327.72 coins, approx. $2.647 billion USD, accounting for 4.755% of the total.

In the past 24 hours, 1,115,383$ in fees were generated, used to buy back $HYPE .

⚠️ The buyback address is no longer circulating; in essence = destruction.

Hype Daily Report #148 | Hyperliquid.

So insanely bullish!

Bitwise announced it will include $HYPE in the Bitwise 10 Crypto Index ETF ( $BITW ), one of the largest crypto index funds in the world.

$HYPE currently accounts for 0.75% of BITW’s holdings.

From being the on-chain perpetual leader to entering mainstream index tracking—it's moving fast.

Institutional recognition for $HYPE is increasing.

❗ $HYPE cumulative burn update ❗

@HyperliquidX has destroyed 47,528,166.03 coins, approximately $2.713 billion, accounting for 4.753% of the total.

In the past 24 hours, 1,532,003$ in fees were generated, used to repurchase $HYPE .

⚠️ The repurchase address is no longer circulating; in essence = burn.

​Hype Daily #147 | Hyperliquid.