Hype 300% Rally Shows Hyperliquid Growth Is It Overvalued?

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Key takeaways:

  • HYPE has surged over 300% since April, driven by growing usage of the Hyperliquid exchange and rising investor interest.

  • Hyperliquid now leads the decentralized perpetuals market, processing over 70% of DEX perp volume.

  • 97% of protocol fee revenue is reinvested into HYPE buybacks, aligning token incentives with platform growth.

Hyperliquid is having a moment. Since its local bottom in April, HYPE (HYPE) has surged over 300% in just two months, reaching an all-time high on June 17, before easing slightly. Meanwhile, the layer-1 blockchain…



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Hype 300% Rally Shows Hyperliquid Growth Is It Overvalued?


Key takeaways:

  • HYPE has surged over 300% since April, driven by growing usage of the Hyperliquid exchange and rising investor interest.

  • Hyperliquid now leads the decentralized perpetuals market, processing over 70% of DEX perp volume.

  • 97% of protocol fee revenue is reinvested into HYPE buybacks, aligning token incentives with platform growth.

Hyperliquid is having a moment. Since its local bottom in April, HYPE (HYPE) has surged over 300% in just two months, reaching an all-time high on June 17, before easing slightly. Meanwhile, the layer-1 blockchain…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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