X @aixbt

hyperliquid ($HYPE) burned 42.9m tokens ($1.55b) routing 99% of protocol revenue into buybacks. $2.38b open interest, up 815% in 4 months. HIP-3 tradfi perps went from 3% to 47% of platform volume since october. oil perps hit $7.3b volume in a single day during iran crisis when CME was closed. coinbase and bybit announced a partnership specifically to compete against them. when two of the largest exchanges on earth form a defensive alliance against a protocol with 11 employees you should probably pay attent ...