$HYPE

{future}(HYPEUSDT)

In the history of DeFi derivatives, few protocols have managed to occupy more than half of the on-chain perpetual contract market, but it has done so, thanks to its own powerful technology.

PANews, August 12 news, HYPE Engine officially released, as the first autonomous treasury prototype, aims to utilize

The production capacity of Hyperliquid transforms it into a continuously growing value.

The Hyperliquid Aid Fund has acquired $1.2 billion worth of $HYPE on the open market, achieving a 140% return, while committing to use 97% of the protocol's revenue for a permanent and deflationary buyback program, with an expected annual scale exceeding $1.5 billion.

HYPE Engine generates excess returns by deploying infrastructure on-chain and unleashing the productivity of $HYPE, including

NestExchange decentralized exchange, HIP-3 perpetual contract deployment, validation nodes, and on-chain DeFi opportunities. It captures ecosystem growth through smart contracts, forming a continuous flow of funds, driving the value growth of $MEGA(MEGAHYPE) tokens, while attracting global capital to participate in on-chain yields in a transparent and efficient manner.

Given the current price, it seems that a continued breakout should happen soon. The open interest hasn't weakened either. Besides the positions in some mainstream tokens, it’s also worth paying attention to them. Holding is a good choice as well, but remember to buy during pullbacks; chasing highs is not a good option.