{"id":9719,"date":"2026-06-09T09:44:54","date_gmt":"2026-06-09T09:44:54","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=9719"},"modified":"2026-06-09T09:44:54","modified_gmt":"2026-06-09T09:44:54","slug":"hyperliquids-massive-buybacks-and-strong-cash-flow-fuel-growing-bullish-momentum","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=9719","title":{"rendered":"Hyperliquid’s Massive Buybacks and Strong Cash Flow Fuel Growing Bullish Momentum"},"content":{"rendered":"

<\/p>\n

\n
\n
\n
    \n
  • Citrini Research named Hyperliquid (HYPE) a \u201ccompelling\u201d investment, citing about US$1.06 billion (AU$1.51 billion) in annualised fees and a buyback program that absorbs more than 90% of them.<\/span><\/li>\n
  • Since January 2025, the buyback fund has purchased more than US$2 billion (AU$2.84 billion) worth of HYPE, representing nearly half of all crypto token buyback activity by some measures.\u00a0<\/span><\/li>\n
  • HYPE reached an all-time high near US$75 (AU$107) on June 2 before a scheduled US$700 million (AU$994 million) token unlock pulled it back to around US$62 (AU$88).<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n

    Hyperliquid\u2019s token has drawn a bullish endorsement from Citrini Research, the firm whose earlier call helped trigger a sell-off in artificial-intelligence stocks, which framed the derivatives protocol as a rare crypto asset backed by genuine revenue.<\/p>\n

    \u201cUnlike the memetic majority of crypto (bitcoin included), HYPE generates legitimate cash flow,\u201d Citrini stated.\u00a0<\/p>\n

    The firm pointed to roughly US$1.06 billion (AU$1.51 billion) in annualised fees, more than 90% of which is funnelled into an on-market buyback fund, a mechanism that has absorbed over US$2 billion (AU$2.84 billion) of HYPE since January 2025.<\/p>\n

    A Buyback at Scale<\/h2>\n

    By some measures, Hyperliquid\u2019s repurchases have accounted for nearly half of all token-buyback activity across the crypto market.<\/p>\n

    Fees from perpetual-futures trading are recycled into buying HYPE, linking price support to revenue rather than speculation. It is that cash-generative profile, Citrini argued, that separates the token from assets whose prices rest mainly on narrative, the basis for treating HYPE more like an operating business than a speculative coin.<\/p>\n

    The scale of that revenue has grown sharply. Cumulative protocol revenue has crossed roughly US$1.19 billion (AU$1.69 billion), with total trading volume above US$4.15 trillion (AU$5.89 trillion) and open interest near US$3.5 billion (AU$4.97 billion) as the venue expands into commodities, indices and institutional products.<\/p>\n

    Hyperliquid exchange-traded funds from 21Shares and Bitwise have together logged close to US$600 million (AU$852 million) in trading volume and more than US$136 million (AU$193.1 million) in net inflows over three weeks.<\/p>\n

    Read more: Russia Sanctions 17-Year-Old Crypto Investigator After Report on Alleged Laundering Networks<\/strong><\/p>\n<\/p><\/div>\n

    Bull Run,Hyperliquid#Hyperliquids #Massive #Buybacks #Strong #Cash #Flow #Fuel #Growing #Bullish #Momentum1780998294<\/p>\n","protected":false},"excerpt":{"rendered":"

    Citrini Research named Hyperliquid (HYPE) a \u201ccompelling\u201d investment, citing about US$1.06 billion (AU$1.51 billion) in annualised fees and a buyback program that absorbs more than 90% of them. Since January 2025, the buyback fund has purchased more than US$2 billion (AU$2.84 billion) worth of HYPE, representing nearly half of all crypto token buyback activity by<\/p>\n","protected":false},"author":1,"featured_media":9720,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[441,1025,109,660,754,1230,4499,34,1156,1217],"class_list":["post-9719","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-bullish","tag-buybacks","tag-cash","tag-flow","tag-fuel","tag-growing","tag-hyperliquids","tag-massive","tag-momentum","tag-strong"],"yoast_head":"\nHyperliquid's Massive Buybacks and Strong Cash Flow Fuel Growing Bullish Momentum - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=9719\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hyperliquid's Massive Buybacks and Strong Cash Flow Fuel Growing Bullish Momentum\" \/>\n<meta property=\"og:description\" content=\"Citrini Research named Hyperliquid (HYPE) a \u201ccompelling\u201d investment, citing about US$1.06 billion (AU$1.51 billion) in annualised fees and a buyback program that absorbs more than 90% of them. Since January 2025, the buyback fund has purchased more than US$2 billion (AU$2.84 billion) worth of HYPE, representing nearly half of all crypto token buyback activity by\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=9719\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-09T09:44:54+00:00\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=9719\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=9719\",\"name\":\"Hyperliquid's Massive Buybacks and Strong Cash Flow Fuel Growing Bullish Momentum - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=9719#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=9719#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/06\/hyperliquidd.jpg\",\"datePublished\":\"2026-06-09T09:44:54+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=9719#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=9719\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=9719#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/06\/hyperliquidd.jpg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/06\/hyperliquidd.jpg\",\"width\":1920,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=9719#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hyperliquid’s Massive Buybacks and Strong Cash Flow Fuel Growing Bullish Momentum\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto & Bitcoin News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptonews.uk.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\",\"name\":\"\u884c\u653f\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"caption\":\"\u884c\u653f\"},\"sameAs\":[\"http:\/\/demo3.aiwalls.com\/coinbase\"],\"url\":\"https:\/\/cryptonews.uk.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Hyperliquid's Massive Buybacks and Strong Cash Flow Fuel Growing Bullish Momentum - Crypto News: Latest Cryptocurrency News and Analysis","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.uk.com\/?p=9719","og_locale":"en_US","og_type":"article","og_title":"Hyperliquid's Massive Buybacks and Strong Cash Flow Fuel Growing Bullish Momentum","og_description":"Citrini Research named Hyperliquid (HYPE) a \u201ccompelling\u201d investment, citing about US$1.06 billion (AU$1.51 billion) in annualised fees and a buyback program that absorbs more than 90% of them. Since January 2025, the buyback fund has purchased more than US$2 billion (AU$2.84 billion) worth of HYPE, representing nearly half of all crypto token buyback activity by","og_url":"https:\/\/cryptonews.uk.com\/?p=9719","og_site_name":"Crypto News: Latest Cryptocurrency News and Analysis","article_published_time":"2026-06-09T09:44:54+00:00","author":"\u884c\u653f","twitter_card":"summary_large_image","twitter_misc":{"Written by":"\u884c\u653f","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptonews.uk.com\/?p=9719","url":"https:\/\/cryptonews.uk.com\/?p=9719","name":"Hyperliquid's Massive Buybacks and Strong Cash Flow Fuel Growing Bullish Momentum - Crypto News: Latest Cryptocurrency News and Analysis","isPartOf":{"@id":"https:\/\/cryptonews.uk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptonews.uk.com\/?p=9719#primaryimage"},"image":{"@id":"https:\/\/cryptonews.uk.com\/?p=9719#primaryimage"},"thumbnailUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/06\/hyperliquidd.jpg","datePublished":"2026-06-09T09:44:54+00:00","author":{"@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf"},"breadcrumb":{"@id":"https:\/\/cryptonews.uk.com\/?p=9719#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptonews.uk.com\/?p=9719"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/?p=9719#primaryimage","url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/06\/hyperliquidd.jpg","contentUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/06\/hyperliquidd.jpg","width":1920,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/cryptonews.uk.com\/?p=9719#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptonews.uk.com\/"},{"@type":"ListItem","position":2,"name":"Hyperliquid’s Massive Buybacks and Strong Cash Flow Fuel Growing Bullish Momentum"}]},{"@type":"WebSite","@id":"https:\/\/cryptonews.uk.com\/#website","url":"https:\/\/cryptonews.uk.com\/","name":"Crypto News: Latest Cryptocurrency News and Analysis","description":"Latest Crypto & Bitcoin News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptonews.uk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf","name":"\u884c\u653f","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","caption":"\u884c\u653f"},"sameAs":["http:\/\/demo3.aiwalls.com\/coinbase"],"url":"https:\/\/cryptonews.uk.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/9719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9719"}],"version-history":[{"count":0,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/9719\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/media\/9720"}],"wp:attachment":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}