hyperliquid's genesis airdrop was 31% of supply
worth about $1.2B at launch
HYPE is ~$78 now
a 5% airdrop today would be worth ~$3.7B
3x the original drop with a sixth of the supply
and 38.9% is still sitting in future emissions and community rewards
hyperliquid strategies is applying to become a US futures broker
the plan is to route regulated american flow straight into HyperCore
still needs CFTC approval but the direction is pretty clear
hyperliquid comfy hold
prob most underpriced in the vertical is $ZRO
swept 1.50s and monitoring now to see how a base forms (june '25 till now)
that larger accumulation breakout to 4-5 will also be dependent on how ATLAS performs once it goes live.
for now, nibbling a bit.
hyperliquid has the best HFT structure out of any token in crypto, hence my focus on perps vertical for a bit.
Hyperliquid going mainstream on same day there’s another major exchange hack is perfect representation of crypto industry right now…
Seems obvious where future of finance is heading.
But will be messy getting there.
Hyperliquid's HYPE Token Burns Near 5% of Maximum Supply, Worth $3.89 Billion
Hyperliquid has cumulatively bought back and burned approximately 49.87 million HYPE tokens, equivalent to 4.99% of its 1 billion maximum supply and valued at roughly $3.89 billion at current prices. Over the past 24 hours, another 19,700 HYPE worth $1.59 million were reportedly burned, while estimated protocol fees reached $1.69 million. Cumulative protocol revenue stands at approximately $1.38 billion.