HIP-3 market has generated a cumulative revenue of $44 million, half of which is used to repurchase HYPE

Odaily Planet Daily News: On-chain data shows that as of now, the Hyperliquid ecosystem's HIP-3 market has generated a total revenue of $44 million. Of this, $22 million has been allocated to HIP-3 developers, and the remaining $22 million has been used to repurchase HYPE tokens. HIP-3 is a market creation and incentive mechanism within the Hyperliquid ecosystem, allowing developers to create and operate trading markets and earn protocol revenue shares based on market performance.