coin-img-ETHETH-3.80%coin-img-BTCBTC-2.76%coin-img-HYPEHYPE-6.25%coin-img-SOLSOL-3.09%coin-img-XRPXRP-2.15%coin-img-USDCUSDC-0.01%coin-img-SUISUI-8.14%coin-img-DOGEDOGE-3.52%coin-img-ETHETH-3.80%coin-img-BTCBTC-2.76%coin-img-HYPEHYPE-6.25%coin-img-SOLSOL-3.09%coin-img-XRPXRP-2.15%coin-img-USDCUSDC-0.01%coin-img-SUISUI-8.14%coin-img-DOGEDOGE-3.52%coin-img-ETHETH-3.80%coin-img-BTCBTC-2.76%coin-img-HYPEHYPE-6.25%coin-img-SOLSOL-3.09%coin-img-XRPXRP-2.15%coin-img-USDCUSDC-0.01%coin-img-SUISUI-8.14%coin-img-DOGEDOGE-3.52%coin-img-ETHETH-3.80%coin-img-BTCBTC-2.76%coin-img-HYPEHYPE-6.25%coin-img-SOLSOL-3.09%coin-img-XRPXRP-2.15%coin-img-USDCUSDC-0.01%coin-img-SUISUI-8.14%coin-img-DOGEDOGE-3.52%
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Kosta Gushterov

Arthur Hayes details why many crypto tokens decline, citing Hyperliquid’s 97% buyback model

On 28 May 2026, Arthur Hayes argued that many crypto tokens are designed to weaken after launch because protocol-generated revenue typically does not flow back to token holders. He also said VC-backed TGEs can create persistent sell pressure as unlocks and vesting schedules increase supply, while Hyperliquid allocates 97% of revenue to buying back HYPE from the open market.
BTC
BTC-2.80%
ETH
ETH-3.85%
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