Hyperliquid math; $12Billion market cap 7.1% is owned by the AF (will never touch market) = $11Billion market cap since the new fee structure was introduced a month ago, HL has averaged $2.4M daily revenue (excluding HLP & HyperEVM) Annualized, that's ~$900M revenue Which https://t.co/tYAaT7rWPu
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