1 day ago

HYPE Token Enters Net Deflation as HyperCore Buybacks Outpace Staking Rewards

TLDR: HyperCore removed 22,477 HYPE from circulation on March 13 alone, exceeding staking rewards issued that day At the current pace, roughly 8.09 million HYPE tokens will exit circulation over the next 12 months Solana inflates by ~25.19M SOL yearly; Hyperliquid’s model is moving in the exact opposite direction Buyback volume scales with HIP-3 trading [...]

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Source: Blockonomi →