According to @KookCapitalLLC, a unique trend is developing on Hyperliquid where every native protocol is allocating a significant portion of their revenue to purchase $HYPE tokens. Hyperliquid itself is using nearly all of its revenue for $HYPE buybacks, with no venture capital involvement in the ecosystem (Source: @KookCapitalLLC on Twitter, June 8, 2025). This aggressive and transparent buyback mechanism is increasing $HYPE demand and reducing circulating supply, which traders should monitor closely for potential price impact. The protocol's self-sustaining tokenomics set Hyperliquid apart from other crypto projects and may trigger volatility and trading opportunities for $HYPE and related assets.