Hyperliquid’s HYPE Vault Generates Market Momentum

Hyperliquid’s innovative HYPE Engine has sparked significant market interest, leading to a surge in the value of its native token $HYPE. This exciting development comes after Hyperliquid’s Assistance Fund injected $1.2 billion into $HYPE, generating a remarkable 140% return. A key driving force behind this success is a commitment to a deflationary buyback program, with 97% of the protocol’s revenue dedicated to repurchase efforts that are estimated to reach over $1.50 billion annually. This strategy fuels investor confidence in the project’s potential for long-term growth.