Citrini Research reports Hyperliquid’s buyback program accounts for nearly half of all crypto token repurchases this year.
Hyperliquid’s token buyback program has captured nearly 48% of all crypto token repurchases in 2025, according to new data. The platform directs over 90% of its fees into an Assistance Fund, which is used to repurchase HYPE tokens on the open market.
The report highlights Hyperliquid’s rapid growth in a competitive sector, noting the protocol still has significant room to expand its market share. Buyback activity has surged as crypto platforms increasingly adopt token repurchase strategies to support valuations.
No immediate market reaction was specified in the findings.