Hyperliquid Buys Back $1.16B HYPE as Token Price Hits Record Highs

25-May-2026 Bitcoin.com

Hyperliquid’s HYPE token has surged to record highs, but the rally is being powered less by institutional ETF demand and more by an aggressive protocol-driven buyback system. The mechanism has created a powerful feedback loop tying HYPE’s price directly to trading activity on the exchange. Hyperliquid’s Rally Is Being Driven by Its Buyback Machine, Not […]

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