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The HIP-3 market has generated a cumulative total of $44 million in revenue, half of which was used to repurchase HYPE.
Svmuu News: On-chain data shows that, to date, the HIP-3 marketplace within the Hyperliquid ecosystem has generated a cumulative revenue of $44 million, of which $22 million has been distributed to HIP-3 developers, and the remaining $22 million has been used to repurchase HYPE tokens. HIP-3 is a market creation and incentive mechanism within the Hyperliquid ecosystem that allows developers to create and operate trading markets and earn a share of the protocol’s revenue based on market performance.
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