Hyperliquid just logged another big one: cumulative protocol revenue has topped $1.4 billion, with nearly 90% coming from perpetuals. More than $1.26 billion has already gone toward buying back $HYPE .
The futures market is seeing over $300 million in daily trading volume, with the price hovering around $85. The revenue and buybacks are real, but the pace of token unlocks and buyers absorbing the supply still needs to line up.
How much longer can this money printer keep running? Come debate it in the comments.
The futures market is seeing over $300 million in daily trading volume, with the price hovering around $85. The revenue and buybacks are real, but the pace of token unlocks and buyers absorbing the supply still needs to line up.
How much longer can this money printer keep running? Come debate it in the comments.