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HYPE Token Shows Net Daily Emission as HyperCore Buybacks Fall Short of Rewards

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • HyperCore repurchased 16,809 HYPE on March 15, 2026, at an average price of approximately $37.41 per token.
  • Staking and validator rewards totaled 26,822 HYPE on the same day, exceeding buybacks by 10,013 HYPE net.
  • The buyback mechanism is price-sensitive, repurchasing more tokens when HYPE prices fall and fewer when prices rise.
  • HYPE confirmed a 15.16% technical breakout after cleanly flipping a key horizontal resistance zone into new support.

HYPE, the native token of Hyperliquid, is drawing close attention from crypto market participants. On March 15, 2026, HyperCore repurchased 16,809 HYPE at an average price of approximately $37.41.

On the same day, 26,822 HYPE were distributed as staking and validator rewards. The resulting net difference came to 10,013 HYPE per day.

Separately, technical analysts confirmed a breakout, with the token gaining more than 15% during the period.

HyperCore Buyback Data Reveals Net Token Emission

According to Hyperliquid Hub, HyperCore repurchased 16,809 HYPE on March 15, 2026. Staking rewards and payments across 24 validators totaled 26,822 HYPE on the same day.

Subtracting the buyback from distributed rewards produces a net daily emission of 10,013 HYPE. Monthly, that figure equates to approximately 300,390 HYPE.

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On an annual basis, the current pace projects to around 3,604,680 HYPE per year. For reference, Solana distributes roughly 25.19 million SOL annually through staking and validators.

Hyperliquid’s output is far smaller, reflecting tighter supply management. The protocol remains among the lower-emission networks when placed alongside major layer-1 chains.

The buyback mechanism carries price sensitivity within its structure. Higher HYPE prices mean each dollar of protocol revenue repurchases fewer tokens.

Conversely, lower prices enable more aggressive repurchases, creating natural supply stabilization. This counter-balance helps moderate supply pressure across different phases of the market.

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Hyperliquid Hub pointed to the platform’s flywheel as a broader driver of buyback activity. Greater HIP-3 adoption leads to increased trading activity on the platform.

Higher trading volume generates more protocol revenue, which then funds larger repurchases. Over time, this cycle is expected to gradually reduce the net emission gap.

HYPE Price Action Confirms Technical Breakout Above Resistance

Alpha Crypto Signal reported that HYPE broke cleanly above a key horizontal resistance zone. The level converted to support without any fakeout wick appearing on the chart.

A retest of the former resistance followed, and price held the new support firmly. After confirming that level, the token then advanced 15.16%, with momentum remaining intact.

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The breakout matched the technical setup the analyst had previously flagged. Price action during the retest period showed no signs of weakness or exhaustion.

The clean flip from resistance to support added credibility to the continuation move. Analysts observed that the next resistance levels were already coming into range.

On the broader chart, the price move connects to Hyperliquid’s growing platform activity. Higher trading volume on the network generates more protocol revenue for buybacks.

Larger buyback activity, alongside the net emission data, shapes a constructive supply picture. Both technical structure and on-chain fundamentals remain aligned for HYPE at this point.

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The gap between daily distributions and repurchases provides a clear metric to follow. As platform adoption grows, this figure is expected to attract greater market attention. Analysts view the daily buyback data as a useful barometer of protocol health.

 

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Crypto World

Aave to Roll Out Aave Shield After $50M User Loss Incident

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Aave to Roll Out Aave Shield After $50M User Loss Incident

Decentralized finance protocol Aave said it is introducing a new feature to block swaps with a price impact above 25% after a user lost $50 million in a trade while interacting with Aave’s interface last week. 

“We are soon deploying a new feature, Aave Shield, which provides more protections for users who use the swap feature in the Aave interface aave.com,” Aave said in a post-mortem statement on Saturday.

Aave said users would need to manually disable the Aave Shield protection feature to proceed with high-risk trades.

The incident occurred on Thursday, when the user went to convert $50.4 million worth of USDt (USDT) for Aave (AAVE) via decentralized exchange CoW Swap, but received only $36,500 worth of Aave due to a lack of liquidity and other infrastructure failures, generating a loss of just over $50 million. 

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Part of this loss was also a result of a Maximal Extractable Value (MEV) bot that executed a sandwich attack on the user, profiting nearly $10 million.

User ignored multiple warning signs

Aave said the user signed the transaction despite multiple warnings appearing on the platform’s interface. 

This included alerts about a “high price impact” and a notice stating the route might return less due to low liquidity or small order size. 

The user also ticked a confirmation box stating, “I confirm the swap with a potential 100% value loss,” Aave said. 

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What the user would have seen on Aave’s interface before signing the transaction. Source: Aave

Incident shows DeFi still needs work: CoW DAO 

While Aave and CoW DAO, the team behind CoW Swap, said poor liquidity led to the “extreme price impact,” CoW DAO added that multiple infrastructure failures also played a role.

CoW DAO said a solver — a third-party service that finds the best way to do a trade — was affected by an outdated gas limit, which blocked better-priced quotes and left only a much worse option for the user to consider.