Citrini Research has listed Hyperliquid and its HYPE token as a new "attractive" investment target

According to CoinDesk, Citrini Research, which caused panic in the AI stock market in February, has listed Hyperliquid and its HYPE token as new "attractive" investment targets. The report points out that, unlike most crypto assets (including Bitcoin), HYPE can generate real cash flow and has a buyback mechanism.

The report states that over 90% of the fees generated by the platform are transferred to the buyback fund, and since its launch in January 2025, more than $2 billion worth of HYPE has been repurchased, accounting for nearly half of last year's token buyback activities in the entire crypto industry. The report believes that the investment logic of HYPE is increasingly linked to the business performance of the exchange. Although the U.S. CFTC opened the regulatory door for crypto perpetual contracts last month, exchanges like Kraken and Coinbase are competing to launch related products, Hyperliquid stands out in the crypto industry due to its revenue-generating capabilities.