DeFi· ★★★· bullish·

Hyperliquid HIP-3 fees top $75M, half goes to market deployers

  • —HIP-3 generated about $75.08 million in cumulative trading fees
  • —Market deployers received roughly $37.01 million
  • —The Assistance Fund took in about $38.07 million
  • —The fund converts fees into HYPE and removes it from supply
Why it matters: Rising HIP-3 fees and HYPE buybacks via the Assistance Fund cut token supply and support its price.
Source: PANews