Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Hyperliquid's HYPE token price rises mainly due to continuous buybacks, not just ETF launches.

Protocol Fundamentals
23 May 2026
Forbes
View Source
Bullish
pluang ai news

Hyperliquid's HYPE token recently hit an all-time high, driven largely by the protocol's mechanism that funnels nearly all trading fees into buying back HYPE tokens. This continuous buyback, embedded in the protocol, supports the token price independently of external investor demand, including recent US spot ETF launches. The protocol's strong business fundamentals and dominant market share in on-chain perpetual-futures trading generate substantial revenue, which is almost entirely reinvested into token buybacks. However, this creates a price mechanism highly dependent on trading volume, which can amplify gains but also risks sharp declines if volume falls, making HYPE a leveraged bet on sustained trading activity rather than broad market adoption.

More News

Pepeto presale tops $10M as Binance listing nears; XRP price forecast hits $8 for 2026 by Standard Chartered.

Pepeto presale tops $10M as Binance listing nears; XRP price forecast hits $8 for 2026 by Standard Chartered.

Pepeto's presale has raised over $10.27 million and is preparing for a Binance listing amid a forming crypto bull run, promising strong potential gains similar to past Binance token launches. Meanwhile, Standard Chartered predicts XRP could reach $8 ...

Market News
Bullish
1 hour ago
Ready Capital declares Q2 2026 dividends on common and preferred shares.

Ready Capital declares Q2 2026 dividends on common and preferred shares.

Ready Capital Corporation announced quarterly cash dividends for Q2 2026. Common stockholders and Operating Partnership unit holders will receive $0.01 per share payable on July 31, 2026. Additionally, dividends of $0.390625 per share for Series C Pr...

Company Fundamentals
Neutral
1 hour ago
Terra Innovatum files 2025 Form 10-K, ends year debt-free with $102.9M cash, advances microreactor licensing and commercialization.

Terra Innovatum files 2025 Form 10-K, ends year debt-free with $102.9M cash, advances microreactor licensing and commercialization.

Terra Innovatum Global filed its 2025 Annual Report on Form 10-K, marking its first full year as a public company. The company ended fiscal 2025 with $102.9 million in cash and no debt, supported by proceeds from its business combination with GSR III...

Company Fundamentals
Bullish
2 hours ago
ARC Resources declares $0.21 quarterly dividend for July 15, 2026 payment.

ARC Resources declares $0.21 quarterly dividend for July 15, 2026 payment.

ARC Resources Ltd. announced a quarterly eligible dividend of $0.21 per share payable on July 15, 2026, to shareholders recorded by June 30, 2026. The company, a major Montney producer in Canada, has paid a total of $0.80 per share over the past 12 m...

Company Fundamentals
Bullish
3 hours ago
The Lovesac Company appoints Andrew Farag as new CFO, succeeding Keith Siegner.

The Lovesac Company appoints Andrew Farag as new CFO, succeeding Keith Siegner.

The Lovesac Company has named Andrew Farag as its new Executive Vice President, Chief Financial Officer, and Treasurer, effective immediately. Farag brings over 20 years of experience in finance and operations, having held CFO and COO roles in variou...

Company Fundamentals
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App