Hyperliquid HIP-3 Generates $75 Million in Revenue, $37.5 Million Allocated for Token Buyback and Burn

Hyperliquid HIP-3 has generated a total revenue of $75 million, of which $37.5 million is allocated to the deployer, and another $37.5 million is used for the buyback and burn of Hyperliquid's native tokens. HIP-3 is a mechanism for the deployer to launch perpetual markets on Hyperliquid, allowing them to define their own oracles and contract specifications while being responsible for operations, and simultaneously reusing the protocol's order book and clearing infrastructure. The related market fees are typically shared between the deployer and the protocol in proportion, with the protocol's revenue available for buyback and burn.

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