Hyperliquid, Lighter and Bittensor Push Holder Payout Models as HYPE Buybacks Top $2 Billion
Updated
Updated · The Motley Fool · Jul 12
Hyperliquid, Lighter and Bittensor Push Holder Payout Models as HYPE Buybacks Top $2 Billion
1 articles · Updated · The Motley Fool · Jul 12
Summary
Hyperliquid, Lighter and Bittensor are emerging as next-cycle crypto contenders by tying token value more directly to business activity and compensating holders through buybacks and burns.
Hyperliquid has used nearly 99% of exchange trading fees to repurchase and burn HYPE, buying back more than $2 billion and removing 4.7% of maximum supply; Lighter says 6.3% of LIT is already gone.
Bittensor is extending the model to AI infrastructure: its upgraded subnet system lets projects such as Chutes recycle platform revenue into token buybacks, giving holders a clearer claim on demand.
That approach contrasts with majors like Ethereum, where heavy network use has translated poorly to holders—ETH is still down 8% over five years despite technical gains and capital inflows.
The next bull market could still hinge on broader themes including Bitcoin's quantum-security push under BIP-360, rising real-world-asset tokenization and renewed demand for financial privacy.