Hyperliquid HIP-3 Cumulative trading fees of approximately 75080000 USD with approximately half flowing to market deployers
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Hyperliquid HIP-3 Cumulative fees of approximately 75080000 USD, with approximately half flowing to market deployers.
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Hyperliquid HIP-3 Cumulative trading fees exceed 75000000 USD, with approximately half allocated to market deployers
PANews October 15 reported, citing ASXN statistical snapshots,Hyperliquid HIP-3 which have cumulatively generated approximately 75080000 USD in trading fees, of which approximately 37010000 USD went to market deployers, while approximately 38070000 USD went to the protocol side, flowing to Assistance Fund. These data do not represent protocol revenue in its entirety.Hyperliquid Official documentation shows that Assistance Fund automatically converts trading fees into HYPE, and HYPE in the fund are permanently removed from circulation and the total supply.
According to ASXN statistical snapshots,Hyperliquid HIP-3 approximately 75080000 USD in trading fees were generated.
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Of this, approximately 37010000 USD went to market deployers, while approximately 38070000 USD flowed to the protocol side Assistance Fund。
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These data do not represent protocol revenue in its entirety.
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Hyperliquid Official documentation shows that Assistance Fund converts trading fees into HYPE, and HYPE in the fund are permanently removed from circulation and the total supply.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
HIP-3 The fees generated are divided into parts: one part goes to market deployers, while the other enters the protocol-side Assistance Fund. The latter is converted into HYPE, and is permanently removed from circulation and the total supply.
Why it matters to readers
This shows that trading fees do not all constitute protocol revenue, and that some funds are related to the HYPE supply-change mechanism.
Beginners should distinguish between total fees, the amount received by market deployers, and the protocol-side portion, and should not interpret all 75080000 USD as protocol revenue.
Risks and unknowns
ASXN The raw data from the statistical snapshots, the statistical cutoff time, and the fee methodology were not provided in the materials.
The materials did not provide Assistance Fund on-chain HYPE verification data for the conversion and removal from supply.
The report did not state whether HIP-3 subsequent trading volume and fees have continued.
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Related concepts
Trading fees
This term is not in the glossary yet. Browse related concepts in the glossary.
The number of tokens already held by the public and available for circulation and trading in cryptocurrency markets, excluding locked or reserved portions.
