coin-img-ETHETH-4.58%coin-img-BTCBTC-4.15%coin-img-SOLSOL-3.86%coin-img-XRPXRP-2.97%coin-img-USDCUSDC+0.02%coin-img-HYPEHYPE-2.56%coin-img-DOGEDOGE-5.60%coin-img-TRXTRX-1.12%coin-img-ETHETH-4.58%coin-img-BTCBTC-4.15%coin-img-SOLSOL-3.86%coin-img-XRPXRP-2.97%coin-img-USDCUSDC+0.02%coin-img-HYPEHYPE-2.56%coin-img-DOGEDOGE-5.60%coin-img-TRXTRX-1.12%coin-img-ETHETH-4.58%coin-img-BTCBTC-4.15%coin-img-SOLSOL-3.86%coin-img-XRPXRP-2.97%coin-img-USDCUSDC+0.02%coin-img-HYPEHYPE-2.56%coin-img-DOGEDOGE-5.60%coin-img-TRXTRX-1.12%coin-img-ETHETH-4.58%coin-img-BTCBTC-4.15%coin-img-SOLSOL-3.86%coin-img-XRPXRP-2.97%coin-img-USDCUSDC+0.02%coin-img-HYPEHYPE-2.56%coin-img-DOGEDOGE-5.60%coin-img-TRXTRX-1.12%

Hyperliquid's HIP3 Market Tops $44M in Revenue, $22M Used for HYPE Buybacks

Odaily Planet Daily reports that on-chain data indicates Hyperliquid's HIP3 market has generated $44 million in total revenue to date. Of that amount, $22 million has been distributed to HIP3 developers, while the other $22 million has been used to repurchase HYPE tokens. HIP3 is Hyperliquid's market-creation and incentive framework, allowing developers to launch and run trading markets and earn a share of protocol revenue based on each market's performance.
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