What would you think if I told you that the current bubble level of #hyperliquid is still at the level of ordinary blue-chip stocks?

On December 8th, the latest Dutch auction closed at a price of 123,256.11 USDC, with nearly 15 expected annual auction revenues of 15 million USDC, but this is just an appetizer.

The most intense part is the aid fund (fefe)

In the last two days, it generated 3 million (total 53.3 million), which will be used to repurchase hype.

In just 8 days this month, 14 million has been repurchased, and at this speed, it will generate more than 600 million dollars in repurchases each year...

Additionally, due to the pricing of hype, the price fluctuations from the repurchases will double the previous profit bubble...

If that's the case, the current price-to-earnings ratio of hype is only 7, which is terrifying. For example, XRP's price-to-earnings ratio is around 20 to 40 thousand.

Hyper will tell you what will happen when Binance uses all the transaction fees to repurchase the platform token.

Unfortunately, I don't have the specific expense allocation ratio, so I don't know if this data includes income from eating into the old capital, so I will need to continue observing whether this can be sustained.

But I can say that the current data is quite reasonable, as the trading volume of hl in recent days has been at 10 billion (a staggering lead), and the contract holding amount has also been hitting new highs. It's also very reasonable that the transaction fees could exceed 1 million per day.

I apologize for not providing this data in my article yesterday titled 'There is no manipulation conspiracy at all,' because although I am very optimistic about hl, it is really hard to believe this terrifying data. As a result, after the 3 million repurchase on the 6th, another 3 million came in today on the 8th to start repurchasing, forcing me to believe that this is real.

This is the new blue-chip of crypto, very terrifying, with a price-to-earnings ratio at the level of bank stocks...