The $1 Billion Facade: Why Hyperliquid's Treasury Strategy Can't Mask the $15.9 Billion Token Supply Overhang
The math is simple. Hyperliquid Strategies secured a $1 billion committed...
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Fear
Market Sentiment
Team and early investor shares released
Independent validator client goes live on mainnet
Block reward reduced to 3.125 BTC
Improves data availability sampling efficiency
Raises validator limit and account abstraction
Circulating supply increases by about 2%
92 million ARB released
Block reward halving event
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