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Hyperliquid generated $3.12 million in fees, directing 99% to HYPE buybacks

  • Hyperliquid generated about $3.12 million in trading fees over 24 hours.
  • 99% of the fees funded HYPE buybacks and token burns.
  • Jinse Finance reported the fee allocation and its use for HYPE.

Hyperliquid generated about $3.12 million in trading fees over the past 24 hours, with 99% allocated to HYPE buybacks and token burns, Jinse Finance reported. Buybacks purchase tokens from the market, while burns permanently remove tokens from circulation.

HYPE
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