Daily $PERPS buybacks keep rolling š
Yesterday alone absorbed ~0.1% of supply. In just weeks, nearly 2% of supply has been taken off the table, creating real deflationary pressure.
1ļøā£ Hereās the loop:
⢠Trading volume ā fees
⢠93% of fees ā $PERPS buybacks
⢠Buybacks ā rewards basket
⢠Rewards ā more trading volume
2ļøā£ Proof it works:
> achieved a $3.5B valuation with $2M daily buybacks
> Hyperliquid reached $11B with $5M daily buybacks
> @PerpsDAO follows the same approach from ~$360K FDV, continuously reducing supply while delivering rewards to the community.
3ļøā£ Extra Features:
⢠Built on @OrderlyNetwork across 16 chains
⢠Powered by @Cookiedotfun to track real contributions
CA: 0x61E39a8338D6049DB936534596f29EC26FF5ae7A
Community-first isnāt a tagline, itās the design š«”
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