HyperSwap Revenue Strategy Could Shift Crypto Price Dynamics for HYPE Token

TLDR: HyperSwap will use $6M yearly for HYPE buybacks from $8M revenue, according to DefiLlama data. Current HYPE P/E ratio sits around 11.5, suggesting a potential $70M market valuation. Protocol revenue is declining, raising questions about long-term sustainability of buybacks. HyperSwap plans HIP-3 trading terminal, which could boost revenues and future buybacks. HyperSwap has unveiled [...]

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