Crypto protocols have spent $638 million on token buybacks in 2026, a 17% increase from last year, driven mainly by a few high-revenue projects like Hyperliquid and Pumpfun. These buybacks rely on recurring fee income to sustain demand for tokens, but most protocols have yet to generate enough fees for widespread adoption. Despite large repurchases, tokens like HYPE and PUMP remain inflationary, meaning buybacks don't fully offset new token supply. Sustainable value from buybacks depends on recurring revenue exceeding token emissions, unlike burn-heavy models such as BNB.
Hyperliquid's native token, HYPE, has increased in price following reports of discussions with Payward, Kraken's parent company, about entering the US market. This move is seen as positive amid ongoing efforts by US regulators to allow Hyperliquid's ...
Hyperliquid, a decentralized perpetual futures exchange, has reached an open interest of $13.3 billion, surpassing the combined open interest of the next nine decentralized exchanges. This milestone highlights Hyperliquid's dominant position in the o...
Hyperliquid leads the perpetual DEX market with a notional volume of $249.2 billion, more than double its closest competitor. Nasdaq-listed Hyperliquid Strategies has heavily invested in HYPE tokens, holding $1.9 billion worth and staking many for yi...
Hyperliquid (HYPE) price fell nearly 3% to around $80.80 following significant withdrawals of 83,630 HYPE tokens worth $6.69 million from Coinbase Prime by two linked wallets. These wallets have accumulated about $14.83 million in HYPE over two weeks...
Hyperliquid (HYPE) ETFs have recently attracted significantly more daily inflows than XRP ETFs, with $24.42 million versus $18.47 million, despite XRP's much larger market capitalization. This suggests growing investor appetite for higher-risk, small...
