A lot of people have been bullish on HIP-3, but nobody is talking about what will happen once Growth Mode ends.
Assuming Hyperliquid doubles the current HIP-3 volume, the fees generated by HIP-3 would go from around $250k/day to $2.5M/day.
Personally, I think it will take a while for traders and volumes to become more sticky, and I don’t think many people will leave after it’s disabled.

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