Influential research firm that caused AI stock meltdown lays out Hyperliquid as 'compelling' idea (opens original article in a new tab)

Citrini Research, known for causing an AI stock market scare, highlights Hyperliquid as a 'compelling' investment with its HYPE token, citing cash flow and a token buyback mechanism. Hyperliquid generates significant fees and has a buyback fund that has purchased over $2 billion of HYPE since 2025.

• Citrini Research calls Hyperliquid and HYPE a 'compelling' investment
• Hyperliquid generates $1.06 billion in annualized fees with 90% funneled into a buyback fund
• Over $2 billion of HYPE has been purchased by the buyback fund since January 2025