Hyperliquid Daily(@HYPERDailyTK):Memecoin Mania vs. HYPE’s Buyback Flywheel .@Pumpfun just edged @HyperliquidX in 24h revenue, generating $1.98M vs $1.96M. But one day of revenue doesn't tell the whole story https://t.co/NQ8qzOOOhG thrives on memecoin launches and speculative bursts, while Hyperliquid directs nearly all trading fees to its Assistance Fund, which buys HYPE and reduces its circulating supply over time The difference is the mechanism: https://t.co/NQ8qzOOOhG captures speculative activity, while Hyperliquid turns trading activity into recurring buy pressure and potential supply reduction Memecoins can dominate short-term volume, but can episodic hype compete with a sustainable fee-to-buyback flywheel over the long run? Revenue is the snapshot The token economics are the bigger picture

2026.10.26 04:00

Memecoin Mania vs. HYPE’s Buyback Flywheel .@Pumpfun just edged @HyperliquidX in 24h revenue, generating $1.98M vs $1.96M. But one day of revenue doesn't tell the whole story thrives on memecoin launches and speculative bursts, while Hyperliquid directs nearly all trading fees to its Assistance Fund, which buys HYPE and reduces its circulating supply over time The difference is the mechanism: captures speculative activity, while Hyperliquid turns trading activity into recurring buy pressure and potential supply reduction Memecoins can dominate short-term volume, but can episodic hype compete with a sustainable fee-to-buyback flywheel over the long run? Revenue is the snapshot The token economics are the bigger picture