$96.3M Flows to Holders as Hyperliquid and EdgeX Leads DeFi Revenue Distribution

TLDR: Hyperliquid channels trading fees into buybacks, linking perpetual volume directly to token demand Pump.fun monetizes memecoin launches, turning speculative cycles into recurring protocol revenue EdgeX shows a payout-revenue mismatch, raising questions over the sustainability of the distribution model Revenue-sharing tokens now prioritize fee generation over inflation-based incentive structures DeFi $96.3M token holder payouts reflect [...]

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