Trade.xyz Uses HIP-3 Revenue to Buy 2,000 HYPE Worth $108,000

Hyperliquid Perp DEX Trade.xyz executes first HIP-3 revenue buyback, acquiring 2,000 HYPE tokens valued at $108,000, marking initial protocol-level token support.

Woofun AI reports that Hyperliquid on-chain perpetual DEX Trade.xyz has utilized HIP-3 revenue to acquire HYPE for the first time. The protocol purchased 2,000 HYPE tokens, with the transaction valued at approximately $108,000.