HYPE Supply Cut 45% Proposed as ASTER Steals Spotlight
The post HYPE Supply Cut 45% Proposed as ASTER Steals Spotlight appeared on BitcoinEthereumNews.com.
Key Notes DBA proposed cutting HYPE supply by 45% to address market undervaluation. Rival DEX Aster saw massive adoption, surpassing HYPE in DEX volume. HYPE price faces resistance at $52.38, with key support at $44.30. DBA Asset Management, a prominent holder of Hyperliquid’s native token HYPE HYPE $48.06 24h volatility: 1.4% Market cap: $13.01 B Vol. 24h: $727.11 M , has introduced a bold proposal to slash the token’s supply by 45%. The plan, co-authored with crypto researcher Hasu, would revoke unissued tokens allocated for future emissions and community rewards, burn the assets in Hyperliquid’s Assistance Fund, and eliminate the existing 1 billion supply cap. https://t.co/IFVcvsalLd — Jon Charbonneau 🇺🇸 (@jon_charb) September 22, 2025 421M HYPE Face Wipe-Out If approved by Hyperliquid’s governance, the move would reduce supply by 421 million HYPE from community rewards and 21 million from the assistance fund. DBA argues that the market is undervaluing HYPE due to the fully diluted valuation metric, which factors in unissued tokens. By cutting these allocations, DBA believes the token will become more attractive to investors and stakers, while still leaving room for future issuances to fund initiatives. Mixed Reaction from Community Supporters like Dragonfly’s Haseeb Qureshi called the nearly 50% community allocation an undefined slush fund, while critics argue emissions remain one of the strongest growth tools and should not be scrapped. Absolutely foolish and a disaster. Using future emissions is the most powerful growth and competitive tool @HyperliquidX has at hand. This would freeze in those of us with large $HYPE stacks and crush growth. Your post is one dimensional with no evidence. — Mister Todd (@pondermint) September 22, 2025 HYPE recently touched a new all-time high at $59.30 before falling back to $46.08 as selling pressure mounted. ASTER’s Dominance Aster’s growth is fueled by one of the…
Filed under: News - @ September 23, 2025 10:30 am