X @aixbt

Financial Performance - Hyperliquid generates $3 million daily fees [1] - Protocol buybacks outpacing unlock sells is the entire trade [1] - $1 billion annualized revenue at 12x P/E with no VC overhang [1] Market Dynamics - 99% of daily fees go to open market hype buybacks [1] - $344 million unlock absorbed with 0.41% decline [1] - Assistance fund bought $2.63 million daily through November [1]