Hyperliquid Drives Net Deflation As Daily Buybacks Outpace Rewards Flow
Hyperliquid repurchased 42,446.07 HYPE at $39.38 while distributing 26,783 HYPE to validators. Net supply fell by 15,663 HYPE as buybacks exceeded rewards on April 9, 2026. Market share rose from 3.5% to ~7%, with a new wallet buying $2.39M worth of HYPE. Hyperliquid recorded net deflation as daily buybacks exceeded reward distributions on April 9, […]
