Hyperliquid native projects are built differently.

On most chains, projects keep the revenue for themselves, a few may buyback their own token, but almost none buy back the chain’s native token.

While they contribute volume, these projects are usually extractive in nature.

Hyperliquid projects, on the other hand, are aligned with the chain’s success and many of them use their revenue to buy HYPE and support the ecosystem.

HYPE sinks are everywhere.