99% trading fee buyback + ETF brings in 1% in ten days—this flywheel is turning a bit fast.

CoinJie News reports that Hyperliquid (HYPE) price broke above $64 on Tuesday, reaching a new high, and stabilized at $62 on Wednesday. Over the past 7 days, the token has risen by more than 25%, and over the past month, it has increased by more than 70%. The HYPE ETF absorbed 1.04% of market capitalization within the first 10 trading days, indicating strong capital inflows. Hyperliquid’s internal buyback structure also supports the price increase, with the protocol allocating approximately 99% of trading fees to continuous purchases of HYPE.