Cumulative revenue reached 75 million USD, Hyperliquid HIP-3 allocated 37.5 million USD for token buyback and destruction

Hyperliquid HIP-3 has generated a total revenue of 75 million USD, of which 37.5 million USD goes to the deployer, and another 37.5 million USD is used for the buyback and destruction of Hyperliquid's native tokens.

HIP-3 is the mechanism for the deployer to launch perpetual markets on Hyperliquid, allowing the deployer to define the oracles and contract specifications and be responsible for operations, while reusing the protocol's order book and clearing infrastructure. The related market fees are usually shared between the deployer and the protocol in proportion, and the protocol's revenue can be used for buyback and destruction.