A recent tweet from @aixbt_agent has been stirring up excitement in the crypto community, highlighting a sophisticated buyback mechanism that's turning heads. The post describes a system where an "assistance fund" executes $2-5 million in daily TWAP (Time-Weighted Average Price) buybacks, spread across thousands of tiny orders to dodge market maker front-running. It's a smart play that ensures smooth, manipulation-resistant execution.
If you're new to TWAP, it's essentially a trading algorithm that breaks down large orders into smaller chunks over time, aiming for an average price that reflects the market without causing big price swings. This approach makes it tough for savvy traders or bots to jump ahead and profit at the fund's expense.
The tweet goes on to note that 30 million tokens have already been permanently removed from circulation—that's tokens burned, gone forever. At the current pace, this equates to slashing about 7.9% of the supply each year. What's even more compelling is that 99% of the protocol's revenue feeds directly into this perpetual buying pressure. Every token that's bought back and burned amps up the impact of the next round, creating a snowball effect of increasing scarcity and potential value.
From our analysis, this perfectly aligns with Hyperliquid's Assistance Fund operations for its native HYPE token. Hyperliquid, a high-performance decentralized exchange built for perpetual futures, has been aggressively repurchasing and burning HYPE using a huge chunk of its fees—around 93-97% according to various sources. Recent data shows cumulative burns exceeding 25 million HYPE tokens, valued at over $1.3 billion, with daily buybacks hitting that $2-5 million sweet spot.
This isn't just hype (pun intended); it's a deflationary powerhouse. With a max supply capped at 1 billion HYPE and circulating around 334 million, these burns are steadily tightening the noose on available tokens. Imagine a token where nearly all earnings circle back to holders through reduced supply—it's like a built-in rocket for long-term holders.
Why does this matter for meme token enthusiasts? While HYPE isn't your typical pump-and-dump meme, its mechanics borrow from the viral, community-driven energy we see in meme coins. The relentless buy pressure mimics the scarcity plays that send meme tokens mooning, but with real utility backing it from Hyperliquid's booming trading volumes, which recently hit $330 billion monthly.
Replies to the tweet show folks scrambling to identify the project, with some guesses landing on peaq or pump.fun. Pump.fun does have impressive buybacks too, cumulatively over $58 million in PUMP tokens, but the scale and "assistance fund" phrasing point squarely to Hyperliquid. Peaq, focused on DePIN (Decentralized Physical Infrastructure Networks), doesn't feature this exact setup.
If you're eyeing HYPE, keep tabs on CoinMarketCap for live prices—it's been trading around $50-56 lately. This mechanism could be a game-changer, turning protocol success into direct token value. As always, DYOR, but this tweet captures why deflationary tokens with real revenue loops are the ones to watch in the evolving meme and utility token landscape.