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HyperSwap

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链上咸鱼
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After reading the launch details of HyperSwap's $SWAP, my first reaction is not that this is amazing, but rather: the thinking behind this project at least does not treat users as cash machines. Now many new coins follow the old path: Small circulation rises to a high FDV, and users are chasing imagination, only to realize when the unlock begins to dump that they are early liquidity providers, not a community. I feel that HyperSwap has two very practical points this time: First, high circulation really dares to do it. Directly releasing 50% to the market means that the project party does not gamble on scarcity to create FOMO, but instead seems to say: if you want to speculate, do it openly, don’t operate in the dark. Second, the buyback mechanism is not just a pie-in-the-sky promise. 75% of protocol revenue is used for buybacks, and the on-chain trading volume over the past six months can support a buying power, which translates to over five million dollars a year. You don’t need to believe in the roadmap; just look at the trading volume to know whether this mechanism is strong. This logic of increasing revenue stability and stronger buybacks can be validated, rather than just shouted about. The remaining designs (team locked for a year, xSWAP with a six-month linear release + half must be burned for early exit) I personally feel are not innovative points, but indeed show a very positive attitude: it’s not in a hurry to cash out; it’s genuinely trying to cultivate the market first. I won’t rush to label it as a great AMM, nor do I think it can become a legend as soon as it goes live. But in the current environment, it is already worth watching for being able to avoid exploiting users and even committing the buying logic to the blockchain. There is one thing I can't help but say: it’s not that this project will definitely succeed, but rather that this approach of returning value to the blockchain is much cleaner than most that cash out first while telling stories. #Hyperswap #Hyperliquid
After reading the launch details of HyperSwap's $SWAP, my first reaction is not that this is amazing,
but rather: the thinking behind this project at least does not treat users as cash machines.

Now many new coins follow the old path:
Small circulation rises to a high FDV, and users are chasing imagination,
only to realize when the unlock begins to dump that they are early liquidity providers, not a community.

I feel that HyperSwap has two very practical points this time:

First, high circulation really dares to do it.
Directly releasing 50% to the market means that the project party does not gamble on scarcity to create FOMO,
but instead seems to say: if you want to speculate, do it openly, don’t operate in the dark.

Second, the buyback mechanism is not just a pie-in-the-sky promise.
75% of protocol revenue is used for buybacks,
and the on-chain trading volume over the past six months can support a buying power, which translates to over five million dollars a year.
You don’t need to believe in the roadmap; just look at the trading volume to know whether this mechanism is strong.
This logic of increasing revenue stability and stronger buybacks can be validated, rather than just shouted about.

The remaining designs (team locked for a year, xSWAP with a six-month linear release + half must be burned for early exit)
I personally feel are not innovative points,
but indeed show a very positive attitude:
it’s not in a hurry to cash out; it’s genuinely trying to cultivate the market first.

I won’t rush to label it as a great AMM,
nor do I think it can become a legend as soon as it goes live.
But in the current environment,
it is already worth watching for being able to avoid exploiting users and even committing the buying logic to the blockchain.

There is one thing I can't help but say:
it’s not that this project will definitely succeed,
but rather that this approach of returning value to the blockchain
is much cleaner than most that cash out first while telling stories.

#Hyperswap #Hyperliquid
See original
SWAP Token Distribution HyperSwap's announced SWAP token distribution clearly outlines the benefits and interests involved. From community, funding, follow-up incentives to team profit sharing, everything that should be given has been, showing a degree of order. Let's start with the most eye-catching part: 50% directly allocated to the market and users. Genesis airdrop 25%, investor allocation 25%, which means half of the chips are fully circulating as soon as they go online, with no lock-up and no tricks. Retail investors, old users, early supporters, and the public all start from the same starting line; whether they can reap the benefits depends entirely on their speed and insight. Next is the mining incentive part. 25% is used to support long-term liquidity: 15% linear release over three years, 10% linear release over one year, This indicates that the project is not aiming for a short sprint; the goal is to expand the ecosystem further, ensuring that LP and trading volume remain stable, rather than unplugging the network as soon as it goes online. The team and advisor allocation is also quite reasonable: Core contributors 8%, 1-year lock-up + 1-year linear release; Advisors 3%, also with 1-year lock-up + linear release. This design directly eliminates the possibility of cashing out by the team, at least in the first two years there will be no dumping. One point that is easy to overlook — a 10% future trading airdrop, unlocking after 6 months. This portion essentially serves as an incentive pool for active users, aimed at continuing to increase trading volume after the TGE and ensuring the project does not become a flash in the pan. Finally, the small proportions: 2.5% for LP providers, 1.5% for HIP-2 proposal-related incentives. This indicates that they take community governance and ecological participation seriously. If HyperSwap can seize the current momentum of the Hyperliquid ecosystem, this SWAP distribution plan lays a solid foundation for trading and activity post-launch. #HyperSwap #SWAP #代币经济模型
SWAP Token Distribution

HyperSwap's announced SWAP token distribution clearly outlines the benefits and interests involved. From community, funding, follow-up incentives to team profit sharing, everything that should be given has been, showing a degree of order.

Let's start with the most eye-catching part: 50% directly allocated to the market and users.
Genesis airdrop 25%, investor allocation 25%, which means half of the chips are fully circulating as soon as they go online, with no lock-up and no tricks. Retail investors, old users, early supporters, and the public all start from the same starting line; whether they can reap the benefits depends entirely on their speed and insight.

Next is the mining incentive part. 25% is used to support long-term liquidity:
15% linear release over three years,
10% linear release over one year,
This indicates that the project is not aiming for a short sprint; the goal is to expand the ecosystem further, ensuring that LP and trading volume remain stable, rather than unplugging the network as soon as it goes online.

The team and advisor allocation is also quite reasonable:
Core contributors 8%, 1-year lock-up + 1-year linear release;
Advisors 3%, also with 1-year lock-up + linear release.
This design directly eliminates the possibility of cashing out by the team, at least in the first two years there will be no dumping.

One point that is easy to overlook — a 10% future trading airdrop, unlocking after 6 months. This portion essentially serves as an incentive pool for active users, aimed at continuing to increase trading volume after the TGE and ensuring the project does not become a flash in the pan.

Finally, the small proportions:
2.5% for LP providers,
1.5% for HIP-2 proposal-related incentives.
This indicates that they take community governance and ecological participation seriously.

If HyperSwap can seize the current momentum of the Hyperliquid ecosystem, this SWAP distribution plan lays a solid foundation for trading and activity post-launch.
#HyperSwap #SWAP #代币经济模型
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