Hyperliquid Investors Push for Radical Tokenomics Overhaul, Proposing 45% Supply Cut
Hyperliquid's derivatives trading platform faces a watershed moment as DBA Asset Management proposes slashing HYPE's total supply by 45%. The controversial plan calls for burning 421 million tokens reserved for future emissions and eliminating the 1 billion hard cap—a MOVE that's split the community into opposing factions.
John Charbonneau of DBA and Flashbots' Hasu argue the restructuring will sharpen Hyperliquid's market positioning. Critics counter that removing supply constraints could distort valuation metrics. The debate coincides with Hyperliquid's USDH stablecoin launch, adding fuel to discussions about sustainable growth in decentralized derivatives markets.