Hyperliquid Don Pass Ethereum for On-Chain Revenue as $HYPE Buybacks Dey Boost Growth

Published: 2025-08-18 15:38:15 |

According to DWF Ventures report wey dem drop on August 15, 2025, Hyperliquid decentralized perpetual exchange don capture record 6.1% for global derivatives market and e generate 35% of blockchain fee revenue for July, pass Ethereum and other top L1 protocols. E first launch as Arbitrum-based PerpDEX before e commot go e own Layer-1 chain wey dem call HyperEVM. Hyperliquid use retail-focused $HYPE airdrop for 2024 quicken adoption, wey distribute 31% tokens to 90,000 wallets without VC backing, so that active traders go get correct incentives. Main wahala for protocol na im Assistance Fund, wey allocate 97% of trading fees to open-market $HYPE buybacks. With current revenue around $5 million per day, the fund don buy 28.5 million tokens (about $1.3 billion) and fit even buy back all circulating supply within 1.5–3.4 years, this one dey create solid buy pressure. Dem still dey run governance proposals (HIP-1: token listing bids; HIP-2: native liquidity pools; HIP-3: permissionless perpetual markets) to expand Hyperliquid from crypto derivatives go commodities and equities. With zero gas fees, ultra-fast execution and deep liquidity, Hyperliquid structural strengths dey show say e fit go up: consolidation near $60–$80 in 3–6 months, possible rise pass $100 in 1–2 years, and multi-hundred-dollar valuations for 3–5 years if HIP-3 succeed.

Bullish

Hyperliquid dey break record for on-chain revenue and market share gain—35% of blockchain fees and 6.1% of global derivatives volume—wey mean say liquidity dey structurally shift go DeFi. The retail-heavy $HYPE airdrop align user incentives, wey drive steady engagement, while the Assistance Fund dey do continuous buybacks (97% of fees) to create predictable, long-term downward pressure on circulating supply. Governance proposals to add permissionless perpetuals for commodities and equities dey further widen the markets wey fit be addressed. Similar buyback-driven scarcity models (like token burns on major DEXs) don historically support positive price trends. Short-term, buyback floors dey support consolidation around $60–$80; mid to long-term, shrinking supply and expanding use cases dey set the stage for $HYPE to pass $100 and fit even reach multi-hundreds of dollars.