HYPE’s money printer: earns 2 million a day, burns 1% a year
The revenue data for $HYPE has just been updated. After reading it, there’s only one feeling: this machine is turning faster than you’d imagine.
Revenue side: annualized $823 million
Total historical revenue: $1.358 billion
Annualized revenue: $823 million
Past 30 days: $56.33 million
Average daily revenue: $2.1 million
98% of revenue comes from perpetual contracts. Spot, gas fees, and auctions combined account for only 2%.
Burn side: burns 1% per year. Revenue isn’t the endpoint—the key question is where the money goes.
Of the trading fees, about 99% is used to buy back HYPE, and only 1% goes to HLP. Priority fees and auctions are 100% burned.
Looking at the burn data:
Total burned: 47.56 million HYPE, worth $1.289 billion
Share of total supply: 4.76%
Annualized burn rate: ~1%
Burned in 24 hours: 30.4k HYPE, worth $2.6681 million
The main channel for burning is the Foundation/Donation Fund, accounting for 97.02%. The money earned by the protocol is used to buy HYPE in the market, and then burned.
How the flywheel turns
Contract trading → generates fees → 99% buyback of HYPE → burn → reduced supply → annualized burn of 1%
This isn’t “expectations”—it’s real data happening every single day.
Summary
Earns 2.1 million a day, burns 1% a year; 98% of revenue comes from contracts.
The revenue data for $HYPE has just been updated. After reading it, there’s only one feeling: this machine is turning faster than you’d imagine.
Revenue side: annualized $823 million
Total historical revenue: $1.358 billion
Annualized revenue: $823 million
Past 30 days: $56.33 million
Average daily revenue: $2.1 million
98% of revenue comes from perpetual contracts. Spot, gas fees, and auctions combined account for only 2%.
Burn side: burns 1% per year. Revenue isn’t the endpoint—the key question is where the money goes.
Of the trading fees, about 99% is used to buy back HYPE, and only 1% goes to HLP. Priority fees and auctions are 100% burned.
Looking at the burn data:
Total burned: 47.56 million HYPE, worth $1.289 billion
Share of total supply: 4.76%
Annualized burn rate: ~1%
Burned in 24 hours: 30.4k HYPE, worth $2.6681 million
The main channel for burning is the Foundation/Donation Fund, accounting for 97.02%. The money earned by the protocol is used to buy HYPE in the market, and then burned.
How the flywheel turns
Contract trading → generates fees → 99% buyback of HYPE → burn → reduced supply → annualized burn of 1%
This isn’t “expectations”—it’s real data happening every single day.
Summary
Earns 2.1 million a day, burns 1% a year; 98% of revenue comes from contracts.
