Daily $PERPS buybacks keep rolling đ
Yesterday alone absorbed ~0.1% of supply. In just weeks, nearly 2% of supply has been taken off the table, creating real deflationary pressure.
1ïžâŁ Hereâs the loop:
âą Trading volume â fees
âą 93% of fees â $PERPS buybacks
âą Buybacks â rewards basket
âą Rewards â more trading volume
2ïžâŁ Proof it works:
> achieved a $3.5B valuation with $2M daily buybacks
> Hyperliquid reached $11B with $5M daily buybacks
> @PerpsDAO follows the same approach from ~$360K FDV, continuously reducing supply while delivering rewards to the community.
3ïžâŁ Extra Features:
âą Built on @OrderlyNetwork across 16 chains
âą Powered by @Cookiedotfun to track real contributions
CA: 0x61E39a8338D6049DB936534596f29EC26FF5ae7A
Community-first isnât a tagline, itâs the design đ«Ą
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