Cumulative revenue reaches $75 million, Hyperliquid HIP-3 allocates $37.5 million for token buyback and burn

Odaily News: Hyperliquid HIP-3 has generated a cumulative $75 million in revenue, of which $37.5 million goes to deployers, and the other $37.5 million is used for Hyperliquid native token buyback and burn. HIP-3 is a mechanism for deployers to launch perpetual markets on Hyperliquid. Deployers can define their own oracle and contract specifications and are responsible for operations, while reusing the protocol's infrastructure such as the order book and liquidations. Fees from the relevant markets are typically split between deployers and the protocol proportionally, and the protocol-side revenue can be used for buyback and burn.