Hyperliquid Accounts for $645M of Crypto Token Buybacks in 2025, Nearly Half of Sector Total

HYPE2.01%
According to research cited by market analysts, Hyperliquid accounted for $645 million of the $1.4 billion in crypto token buybacks in 2025. The decentralized derivatives exchange's buyback mechanism is funded through protocol revenue, with trading fees directed to its Assistance Fund, which purchases HYPE tokens in the open market.
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