Hyperliquid posts $13.48M weekly revenue, burns 156,580 HYPE
- —Weekly protocol revenue at $13.48 million, gross fees at $15.11 million
- —156,580 HYPE worth $12.42 million burned over the week
- —Cumulative revenue reached $1.31 billion, with 48.70 million HYPE (4.87%) burned
- —DeFi TVL at $1.31 billion, stablecoin liquidity at $6.83 billion (98.31% USDC)
Why it matters: HYPE buybacks and burns reduce supply, but the pace depends on whether fees grow faster than the token price.
Source: Blockonomi