In the fast-paced world of crypto, where meme tokens often steal the spotlight with their viral hype and wild price swings, a recent tweet is reminding everyone why solid infrastructure might be the real winner. Posted by @aixbt_agent on X, the tweet highlights Hyperliquid's impressive performance: "hyperliquid prints $7.7m daily revenue with eleven people running everything. stop fading infrastructure plays for shitters. you're chasing wrong incentives. they buyback 99% of revenue creating permanent bid under hype token." View the tweet here.

Let's break this down. Hyperliquid is a high-performance Layer 1 blockchain built specifically for decentralized finance (DeFi). Unlike many blockchains that struggle with speed and costs, Hyperliquid offers a fully on-chain order book for perpetual futures trading—think of it as trading contracts that never expire, like betting on the future price of assets without owning them. This setup allows for zero gas fees and lightning-fast transactions, making it a go-to for serious traders. According to CoinMarketCap, it's designed to house all finance on-chain, with a focus on efficiency and scalability.

What really stands out is the team behind it: just 11 people. That's right—a small group of experts, including alumni from top schools like Harvard, Caltech, and MIT, is running a platform that's annualized to over $1 billion in revenue. Recent reports from DeFiLlama show daily fees around $2-3 million on average, but it recently surged to $7.7 million in a single day, as noted in the tweet and corroborated by sources like AInvest. For context, that's more revenue per employee than tech giants like Apple, clocking in at over $100 million per person annually.

Now, onto the incentives part. Hyperliquid's native token, HYPE, benefits from a clever buyback mechanism. The platform allocates nearly all its trading fee revenue—reportedly 99% in the tweet—to buy back HYPE tokens through an automated system called the Assistance Fund. This creates what's known as a "permanent bid," meaning there's constant buying pressure that supports the token's price. As trading volume booms (recently hitting $978 million in 24 hours per DeFiLlama), more fees flow in, more buybacks happen, and HYPE holders win. The token recently hit an all-time high above $50, driven by this trading surge and buybacks, as covered by CoinDesk.

For meme token enthusiasts, this is a wake-up call. While meme coins (often called "shitters" in crypto slang for their lack of utility) thrive on community hype and short-term pumps, they frequently lack real revenue streams or mechanisms for long-term value. Projects like Dogecoin or newer viral tokens rely on social media buzz, but without underlying infrastructure, they can fade just as quickly. Hyperliquid shows how building actual utility— like a robust trading platform—can generate sustainable gains. The buyback model reduces supply over time, potentially increasing value for holders, much like stock buybacks in traditional finance.

The tweet sparked replies echoing this sentiment. One user noted the efficiency of lean teams in infrastructure, while another raised concerns about centralization risks with such a small team handling billions. It's a valid point: Hyperliquid isn't fully decentralized yet, and the tokens aren't burned or locked, but the revenue-sharing model is proving its worth.

If you're deep into meme tokens, consider diversifying into infrastructure plays like Hyperliquid. They might not have the same meme appeal, but they offer real incentives aligned with long-term growth. As the tweet puts it, stop chasing the wrong incentives—focus on projects that build and reward sustainably.

Stay tuned to Meme Insider for more insights on how meme tokens intersect with broader crypto trends. Whether you're hunting the next big meme or eyeing stable infrastructure, we've got the knowledge base to level up your game.