Hyperliquid’s builder fee split under scrutiny as buybacks fall 43%

🚨Hyperliquid’s buybacks drop 43% as builder fees claim half of trading revenue. 🚀Nearly 50% of Hyperliquid’s volume now comes from builder-run markets in $HYPE. ⚡Gross revenue and token buybacks have dropped sharply despite stable trading activity. 📊trade.xyz dominates builder...