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$HYPE is currently the most utility-driven altcoin in the crypto market. HL demonstrates a clear example of the utility behind the $HYPE token. • Auction bids for ticker purchases are made using $HYPE. • Over 95% of the revenue from fees is used to buy back $HYPE. • $HYPE is used to pay for gas on the HyperEVM network. • To launch a Perp market, any participant must stake 1,000,000 $HYPE. • $HYPE has a tiered staking system that allows trading with reduced fees. And this is just the tip of the iceberg. Hyperliquid.
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