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BILLION DOLLARS IN TOKENS. BURNED. GONE. FOREVER.
The Hyperliquid community just passed a governance vote to permanently destroy approximately $1 billion worth of native tokens.
Not locked. Not vested. Burned. Removed from existence.
In the same move, they integrated direct institutional capital channels through Ripple Prime.
Read that combination again.
Supply destroyed. Institutional demand unlocked.
Simultaneously.
Hyperliquid is already leading all of DeFi in daily fees at $1.4M. Real users. Real revenue. Real product.
Now $1 billion less tokens competing for that value.
Most protocols inflate supply to survive. Hyperliquid is deleting supply while revenue grows.
That's not tokenomics. That's a structural squeeze with a lit fuse.