Hyperliquid’s HIP-3 market has cumulatively generated $44 million in revenue, with half allocated to HYPE token buybacks.
2 hours ago
On-chain data shows that as of now, the HIP-3 market has cumulatively generated $44 million in total revenue. Of this amount, $22 million has been distributed to HIP-3 developers, while the remaining $22 million is earmarked for HYPE token buybacks. HIP-3 is a market creation and incentive mechanism within the Hyperliquid ecosystem, allowing developers to create and operate trading markets and earn protocol revenue splits based on market performance. The disclosed data indicates that HIP-3 has become a key revenue source for the Hyperliquid ecosystem, while also continuously providing funding support for HYPE token repurchases.
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