Hyperliquid token burn now shapes how you should view the exchange and its future value.
Many traders focus on price charts while missing deeper signals across activity and revenue.
Hyperliquid exchange generates large fee revenue despite flat headline volume.
$HYPE token price reflects sentiment more than cash flow performance.
Perpetual futures DEX volume metrics differ between organic and incentive-driven trading.
Crypto token burn reduces supply using real protocol fees.
The Hyperliquid exchange spent much of the past year leading on chain leverage trading.
Traders treated the platform as a default venue for perpetual futures DEX activity.
HYPE token price rose earlier as usage expanded and sentiment stayed positive.

