I am mega bullish on hyperliquid and 90% of my portfolio in HYPE, but: a) token buybacks make no sense in terms of productive value for the ecosystem, $500M of hyperliquid buybacks could be used for acquiring users and products bringing actual volumes to hyperliquid and buying pressure for hype b) they do not affect the price action as much as everyone thinks, 3-5 million a day is nothing at these volumes