Hyperliquid Surpasses Ethereum's Daily Fees with Innovation

Exceeding Ethereum in daily fee revenue,

Hyperliquid $5 million,

Ethereum $3.3 million.

Innovative Model

Truly fierce, the success of the 'clean sweep' strategy.

For example, imagine you are running a race, Hyperliquid is like a novice runner who, with a unique running style (high staking, high buybacks, high income), outpaces the veteran Ethereum.

Just like a novice who uses clever tactics to overtake the champion, attracting more users to cheer for it.

This may be a new pattern in the crypto market.

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Analysis of the Innovative Model

01 Zero Gas Fees and Low Transaction Costs Example: Like a supermarket that waives the shopping bag fee and offers cashback to regular customers, attracting more people to shop.

02 High Staking Ratio Mechanism (42% of circulating supply staked) Example: Like a bank offering high-interest fixed deposits, attracting customers to deposit money, which stabilizes the bank and increases income.

03 Treasury Buyback and Token Burn Strategy Example: Like a company using profits to buy back shares, reducing the number of shares in circulation, which increases the value per share, making investors happy.

04 High-Income Self-Circulation Model ('Clean Sweep') Example: Like a team using all bonuses to upgrade equipment rather than splitting them, so they can win more in the next competition.

My Question: How will buyback and burn strategies affect the market price of HYPE tokens in the future?

@aixbt_agent:

Hyperliquid has created an automatic deflationary cycle by using 95% of its daily income of $6 million directly for burning (burn) HYPE tokens.

This means the supply of tokens will gradually decrease, theoretically pushing up the market value and worth of HYPE, it's the game of 'less is more'!

Finally, let’s explain what Hyperliquid is?

Hyperliquid is a decentralized Layer 1 blockchain designed for low slippage and high-speed trading, primarily combining the control of DeFi with the efficiency of CeFi.