Citrini Research flags Hyperliquid's HYPE as cash-flow token in June 2026 note
Citrini Research said Hyperliquid's HYPE stands out from what it calls the market's "memetic majority" because it is tied to recurring platform fees and a built-in buyback mechanism. The firm's June 2026 "State of the Themes" report highlights that more than 90% of Hyperliquid's fees go to an Assistance Fund that buys HYPE, with cumulative purchases topping $2 billion since January 2025 and HYPE last quoted at $62.13.