I admire the way the #hyperliquid team builds layer1 the most:
+ Core team only 5 engineers + 10 staff
+ Perp dex (HyperCore) revenue is nearly 1 billion dollars in a few months and Hyperliquid Labs did not use a single cent but used to buy back all Token kept in the Assistance Fund wallet (the buying process is automatic and does not require personnel)
Assistance Fund wallet: 0xfefefefefefefefefefefefefefefefefefefe
holding 23,783,092 hype bought from perp dex revenue worth this wallet is 782 million dollars at this price.
+Super innovative tokenomic and only for the community (perp dex and HyperEVM users)
+ Currently, the new Token released to stakers + validators are smaller than the amount of Assistance Fund bought back each day ==> with today's volume, each year there will be an Medium deflation of 25,481,724 HYPE (this number is relative because this is a multi-variable equation depending on the trade volume at the perp dex, which must be high and the low Token price will buy more and the hype price will buy less)
+ HyperCore is the best perp dex of this cycle with block time just under 100 ms, sometimes 70 ms (because on Medium 1 second this blockchain produces about 12-16 Block + several thousand transactions per Block) ==> according to their team, it can be up to more than 200,000 tps in the ideal case.
+ HyperEVM is like a new high performance ETH that is growing rapidly with TVL lock at 1.834B
if you missed HyperCore then focus on projects in eco HyperEVM and this meme system.
Note that #PURR is the mascot of this system and of Hyperliquid Labs. If the team is still active, this mascot will increase, the current cap is at 125 million dollars and the peak is 400 million dollars.
+ Compared with PEPE in ETH: can increase 41 times more
+ compared to Dogecoin , it increased 229 times
+ Compared with shibba, it can increase 58 times
+ Compared to Solana meme , there is still room for growth.
The article is not shill but you have to "skin in the game" yourself to understand their culture very clearly.
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