Building on its TVL dominance, Hyperliquid’s fundamentals remain strikingly solid.
With a P/E ratio of just 2, it’s slowly becoming one of the most efficient growth plays in the DeFi space.
The latest data shows it would take less than two years (1.94 years) for Hyperliquid to buy back its entire ready-for-sale supply, backed by $4 million in daily revenue and a $35.37 token price.
This short buyback period is an obvious indicator of powerful earnings momentum and confidence in the token.
Buyback speeds up rebound hopesHyperliquid’s ongoing buyback program has accumulated an impressive $521.85 million since March 2025, repurchasing 15.26 million HYPE tokens; about 5.64% of the circulating supply.
The accumulation, funded through protocol fees, proves strong treasury activity despite recent price dips.
AMBCrypto previously reported that Hyperliquid is strategically buying back HYPE around the $30-$35 zone, a range that has so far sparked price recoveries.
While the market remains cautious, derivative whales are showing greater interest. This means that these buybacks could soon restore confidence and trigger a potential price reversal as supply continues to tighten.