TobiasReisner

Long gone are the days where Hyperliquid needs crypto volumes to surge to make money.
Hyperliquid launched Priority Fees 4 months ago
Since then it brought in an extra $11M in Revenue
All used to buyback and burn hyperliquid:native
Priority Fees already make up ~6% of Revenue.
Reserve Yield starts buying hyperliquid:native on October 3rd - which leads to another $200+ in annual hyperliquid:native buybacks.
Conclusion
Jeff and the Hyperliquid team don't rely on one single revenue driver. They can just launch a new feature and make more money with it than most crypto projects did in their lifet

RESERVE YIELD IS NOT PRICED IN

Hyperlend gives you 23% APY on supplied HYPE
gLend

If you longed hyperliquid:native and shorted aster-2:native a year ago you would be up >500% while paying $0 in funding.
Only thing that beats that is buying something like $100 strike HYPE call options a year ago.
Don't sleep on pear trading - ngl also talking to myself here.

Holders Revenue by Protocol

Hyperliquid just raised the Supply Caps to borrow USDC against HYPE.
What happens if rates keep rising and USDC on HL goes up?
Road to $1M in fees per Day for Hyperliquid just from Reserve Yield.
Data: by @guru__hl

Good Week to hold "Hype Beta Assets"
ethereum:0xb1d1eae60eea9525032a6dcb4c1ce336a1de71be
$PEAR
kinetiq:native

Just long when things get listed on Hyperliquid $SNXX

We are one fat finger away from $100 hyperliquid:native