🔥 $HYPE Another revenue-generating mechanism is expanding. According to data released by Enter Elysium: HyperCore has already generated $11.6M in fees, and at the current pace, annualized fees could reach approximately $49.3M. That’s roughly 7 billion KRW. What’s particularly interesting is that arbitrage activity is set to increasingly concentrate on HyperCore. As trading volume grows and fees rise, Hyperliquid’s revenue streams will expand accordingly. In fact, Hyperliquid channels the majority of its protocol fees into the Assistance Fund, which uses those funds to buy back $HYPE on the open market (SEC-compliant). With the annualized figure now at $49.3M, it’s fascinating to wonder how much further this could grow. The more you look at $HYPE, the less it seems like just another exchange token.
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