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Matt Hougan: Hyperliquid Uses 99% of Fee Revenue to Buy Back Tokens, Making Value Capture Logic Easier to Understand

2026-05-27 00:42

Odaily, Bitwise Chief Investment Officer Matt Hougan posted on X platform, stating that after multiple discussions with financial advisors about Hyperliquid, he finds the related communication "very easy."

Matt Hougan said that Hyperliquid uses 99% of its fee revenue to buy back tokens, which makes the relevant business model and value capture logic easier to understand.

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