GRVT vs Hyperliquid vs dYdX: who gives the token the best deal? All three charge similar taker fees. What's interesting is how each one sends that value back to its token. --- ① @dYdX: the most predictable ▸ 75% of net fees buy DYDX, written into Proposal #313 ▸ 15% to stakers + validators ▸ Bought DYDX is staked to validators, so it helps secure the chain ▸ ~22.3M DYDX bought so far A fixed rule that holders can model. Hard to beat for transparency. ② @HyperliquidX: the most automatic ▸ No team cut, ~93% (est.) of fees flow to the Assistance Fund ▸ The fund auto-buys HYPE, held at 0xfefe…fefe with no private key ▸ Validators voted to treat it as burned ▸ ~48.2M HYPE in the fund The flywheel runs by itself, and the numbers speak for themselves. ③ @grvt_io: the newest, and the one I'm watching closest ▸ Maker rebate at Level 1, 0.045% taker ▸ The Foundation decides buyback size each month ▸ Every bought GRVT goes to the zero address via burn() ▸ First round: 1.1M GRVT burned, ~0.96% of circulating --- What I like about GRVT is it takes the best idea from both sides: a burn that's final onchain like HYPE, with every step published on a public dashboard so anyone can check it. And it's only round one, with more rounds intended monthly on the road to Grvt 2.0. ➥ Three different designs, three strong teams. GRVT is just getting started.