💰 Pyth Buys And Never Sells
Pyth Network bought almost 12.8 million of its own tokens in October, 19 times as much as in August. The money comes from banks and trading firms that pay for its price data. Still, the…
$PYTH #crypto
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💰 Hyperliquid At 22x Revenue
Hyperliquid has a market cap of about 17 billion dollars and kept about 760 million dollars of revenue a year over the last 30 days. That is roughly 22 times revenue, up…
$HYPE #hyperliquid #defi
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🔥 BitTorrent Just Burned 2.2% of Its Supply
BitTorrent burned 2.2% of its supply in October and plans a burn every quarter. With no unlocks left, each burn leaves every remaining token a slightly bigger…
$BTT #bittorrent #crypto
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🚨 The Pendle Test In December
Pendle lost about 92 % of its deposits. Some things do work: Janus Henderson plans an on-chain credit strategy on Pendle by November, and PendleLoop launched this week. But none of…
$PENDLE #defi
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Pyth's buyback bought 19x more PYTH in October than in August. Yet the price is still 24% below its mid-month peak. How does a buyer that large move the needle so little?
#PYTH #PythNetwork
Pyth Network's buyback bought 12.8 million PYTH in October. It moved the price by 0%. Here is what that actually means for holders.
#PYTH #PythNetwork

