Hyperliquid ecosystem enters a critical decision-making moment. The project team plans to execute a proposal to burn 37 million $HYPE tokens, which will directly reduce approximately 13% of the token circulating supply.
Currently, validators are voting on the proposal, which has sparked lively discussion within the community—supporters believe that the deflationary mechanism benefits long-term value capture, while opponents are concerned that a reduction in supply could impact the market. The disagreement mainly centers on a core issue: will this structural adjustment push up or suppress the subsequent price expectations of $HYPE?
From a tokenomics perspective, the battle between the scale of the burn and market sentiment has just begun. Investors and ecosystem participants are closely watching the voting progress and the potential chain reactions of the final outcome.
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JustHodlIt
· 12-19 14:24
Burning 37 million? Honestly, it all depends on whether it can truly boost the market later. I've seen a lot of hype around pure deflation concepts.
That said, 13% is indeed quite significant. If it really passes, we need to closely monitor the market reaction.
Will a reduced supply make it easier to crash the market... that's what I'm really worried about.
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GweiObserver
· 12-17 23:36
Burn 37 million coins? That number sounds pretty intense, but can it really boost the market... Honestly, it's a bit questionable.
In my opinion, burning seems to look good visually, but the psychological impact might be greater than the actual effect.
It's both deflationary and a long-term value proposition—feels like this rhetoric has been overused.
Anyway, I’m optimistic and just curious to see how much it can actually rise in the end.
Market sentiment is the hardest to predict; good news today can turn into a sell-off tomorrow.
The real test is what happens after the burn is complete—that's the key.
Let's wait for the voting results; they'll come out sooner or later anyway.
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ApeWithNoChain
· 12-17 18:58
Burning 13% sounds great, but can it really save HYPE... It still depends on whether there is actual application support later on.
Deflation is deflation, but the key is whether someone will take the bait, otherwise it's just so-so.
Honestly, I'm not confident, let's wait for the voting results.
37 million tokens sounds impressive, but if there's no movement in the ecosystem, it's pointless.
If this wave dumps the price, I'll just flip it. This kind of deflation strategy doesn't mean much to retail investors like me.
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GasWaster
· 12-17 18:58
37 million tokens burned? Sounds good, but let's see how the vote goes. I think the market reaction is the key.
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Another tactic of deflationary benefits, is it real or fake... This time, it might just be another scam to fleece investors.
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Not gonna lie, the 13% reduction in supply does catch the eye, but the price is unpredictable. It still depends on the fundamentals later on.
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Is Hyperliquid still voting? My HYPE has already been trapped. Just burn them casually; I can't escape anyway.
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Such large-scale burns are usually to pump the price. Don't expect too much psychologically.
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Wait a minute... Burning so many tokens might actually cause a dump. Who said deflation is always good? I can't quite understand.
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For those who understand economics, explain this—does it benefit or harm long-term holders? I'm a bit confused.
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Another burn proposal? When will this circle stop doing the same thing?
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DecentralizeMe
· 12-17 18:49
Burning coins can save the market? I think it's doubtful; it's better to focus on building a solid ecosystem.
Burning 13% of the supply, can it really boost the market? It all seems psychological.
It's the same old deflation argument; I'm tired of hearing this rhetoric.
Waiting to see the final voting results; anyway, I'm not following this.
Burning 37 million coins probably won't change the fundamentals.
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DeFiDoctor
· 12-17 18:48
37 million tokens burned sounds impressive, but the key is whether this 13% reduction can truly translate into price support... It depends on whether liquidity indicators can keep up; otherwise, it's just on-paper deflation, and the clinical manifestation might actually be increased selling pressure.
Hyperliquid ecosystem enters a critical decision-making moment. The project team plans to execute a proposal to burn 37 million $HYPE tokens, which will directly reduce approximately 13% of the token circulating supply.
Currently, validators are voting on the proposal, which has sparked lively discussion within the community—supporters believe that the deflationary mechanism benefits long-term value capture, while opponents are concerned that a reduction in supply could impact the market. The disagreement mainly centers on a core issue: will this structural adjustment push up or suppress the subsequent price expectations of $HYPE?
From a tokenomics perspective, the battle between the scale of the burn and market sentiment has just begun. Investors and ecosystem participants are closely watching the voting progress and the potential chain reactions of the final outcome.