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Hyperliquid completes $283M crypto token buyback, largest since January 2026

Protocol Fundamentals
03 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Hyperliquid, a decentralized perpetual exchange, executed the largest crypto token buyback of $283 million since January 2026, bringing its total buybacks to over $1.1 billion. This buyback is funded by 97-99% of trading fees, which are used to purchase and burn HYPE tokens, reducing circulating supply by about 4.4%. The buyback program is automatic and tied to trading volume, meaning future demand for HYPE tokens depends on the platform's trading activity. This aggressive buyback strategy significantly shrinks token supply, potentially benefiting investors if trading volume remains strong.

More News (HYPE)

Whale bets $70M on Bitcoin and Solana amid Fed rate pause uncertainty

Whale bets $70M on Bitcoin and Solana amid Fed rate pause uncertainty

A large investor increased long positions in Bitcoin and Solana, risking over $70 million following a weak US jobs report that eased fears of Fed rate hikes. Despite a relief rally pushing Bitcoin toward $62K, the Fed is expected to keep rates steady...

Market News
Neutral
9 hours ago
Bitcoin holds near $61,700 and Ethereum gains 6.4% as traders watch key weekend levels and 200-day moving average.

Bitcoin holds near $61,700 and Ethereum gains 6.4% as traders watch key weekend levels and 200-day moving average.

Bitcoin is trading around $61,697 with a modest 2.7% move, while Ethereum has surged 6.4% to $1,717. The total crypto market cap stands at $2.22 trillion, with Bitcoin dominance at 55.7%, indicating cautious capital rotation between Bitcoin and altco...

Technical Signals
Neutral
15 hours ago
Bitcoin nears $62K as Ether and Solana rally on short squeeze and Fed rate hopes.

Bitcoin nears $62K as Ether and Solana rally on short squeeze and Fed rate hopes.

Bitcoin approached $62,000, with Ether and Solana leading gains amid a strong short squeeze and optimism over the Federal Reserve's interest rate outlook. Ether rose nearly 10% weekly, Solana surged 18.6%, and XRP also gained. The rally was fueled by...

Market News
Bullish
17 hours ago
Shiba Inu, XRP, Hyperliquid, and Synapse show mixed crypto market trends with some assets rebounding amid overall pressure.

Shiba Inu, XRP, Hyperliquid, and Synapse show mixed crypto market trends with some assets rebounding amid overall pressure.

Shiba Inu (SHIB) remains under pressure, trading below key moving averages despite a modest rebound, signaling ongoing bearish control. XRP shows relative strength, holding above $1 and attempting recovery, but still faces resistance levels. Hyperliq...

Technical Signals
Neutral
20 hours ago
Delphi Digital launches free crypto options dashboard for BTC, ETH, SOL, and HYPE data.

Delphi Digital launches free crypto options dashboard for BTC, ETH, SOL, and HYPE data.

Delphi Digital has introduced a free Options Dashboard that aggregates institutional-grade data on Bitcoin, Ethereum, Solana, and Hyperliquid (HYPE) options from five major exchanges. The tool offers volatility metrics, skew data, dealer gamma walls,...

Market News
Bullish
1 day ago
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