🔥 HYPE BUYBACKS HIT $68.8 MILLION — HYPERLIQUID IS STILL BUYING!
Hyperliquid's token buyback activity continues to attract attention, even as the wider crypto market faces pressure.
Here's the latest data:
• Approximately $68.8 million in HYPE buybacks were recorded over the 30 days ending November 11.
• Total recorded buybacks have reached around $1.41 billion since December 2024.
• The latest recorded daily buyback was worth approximately $2.19 million on November 11.
• Hyperliquid uses eligible trading fees to fund its buyback program.
• The company Hyperliquid Strategies reported holding around 38.5 million HYPE tokens as of September 30.
THE BIG PICTURE: Hyperliquid is generating real protocol revenue and returning part of its economics through buybacks. However, buybacks do not guarantee price growth.
Is HYPE building one of crypto's strongest revenue models?
$HYPE
.
.
.
.
#Hyperliquid #Crypto
Not financial advice. DYOR.
Hyperliquid's token buyback activity continues to attract attention, even as the wider crypto market faces pressure.
Here's the latest data:
• Approximately $68.8 million in HYPE buybacks were recorded over the 30 days ending November 11.
• Total recorded buybacks have reached around $1.41 billion since December 2024.
• The latest recorded daily buyback was worth approximately $2.19 million on November 11.
• Hyperliquid uses eligible trading fees to fund its buyback program.
• The company Hyperliquid Strategies reported holding around 38.5 million HYPE tokens as of September 30.
THE BIG PICTURE: Hyperliquid is generating real protocol revenue and returning part of its economics through buybacks. However, buybacks do not guarantee price growth.
Is HYPE building one of crypto's strongest revenue models?
$HYPE
.
.
.
.
#Hyperliquid #Crypto
Not financial advice. DYOR.
