BlockBeats message, April 2, according to official Hyperliquid data, on April 1, HyperCore repurchased 43,749.54 HYPE at a $36.77 average price. On the same day, it distributed 26,657 HYPE to stakers and 24 validator nodes. After the two are netted, 17,092 HYPE were permanently destroyed net, resulting in an approximately 17,000-unit daily net deflation. Based on this pace, the annualized deflation amount is estimated to reach about 6.15 million units.
For a horizontal comparison, Solana adds inflation of about 25.19 million SOL each year through rewards from staking and validator nodes. It is reported that HyperCore’s repurchase efficiency is negatively correlated with price, using this to smooth supply pressure within market cycles.
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