@msycryptosol.base.eth
🚀 DeFi 2025 Spotlight: Hyperliquid's Bold Move
🔻 Context:
Hyperliquid, once hailed as DeFi’s 2025 darling, has faced setbacks since Oct 10. Market makers exited, altcoin demand fell, and momentum slowed.
🔥 The Proposal:
The Hyper Foundation is proposing to burn the Assistance Fund (AF) — a reserve previously seen as protocol support.
📉 Market Reaction:
- HYPE surged briefly: 26.5 →28
-Then dropped to a new local low: $24.5
🧠 Community Split:
- HYPE bulls: Applaud the deflationary move
- - Critics: Question the timing and whether the AF was ever useful beyond being a pseudo-burn address
🎯 The Takeaway:
Markets appear unfazed — indicating that the AF was already priced in as “inactive supply.” The burn feels symbolic more than impactful.
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