Crypto's Apple Playbook: Hyperliquid vs. Pump.fun and the High-Stakes Battle for Token Scarcity

30/09/2025 13 min

Listen "Crypto's Apple Playbook: Hyperliquid vs. Pump.fun and the High-Stakes Battle for Token Scarcity"

Episode Synopsis

The podcast provides an overview of how certain cryptocurrency projects, such as Hyperliquid and Pump.fun, are adopting the corporate finance strategy of share buybacks to increase token value and create scarcity, a practice famously employed by Apple. These crypto platforms are recycling nearly all of their fees to repurchase their own tokens, mirroring how traditional "dividend aristocrats" reward shareholders. The article notes that while this strategy has generated unprecedented revenue and price increases in the crypto space, its long-term sustainability is questionable due to factors like reliance on volatile market conditions and looming token vesting schedules. Additionally, the source includes a brief promotional segment for the upcoming TOKEN2049 crypto conference in Singapore.

More episodes of the podcast Next in Crypto: Daily Insights on Bitcoin, Ethereum, DeFi & Web3