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Is OP buyback really that effective? Let's first see how Hyperliquid does it. Not long ago, Optimism announced a proposal to allocate 50% of the revenue generated from the Superchain to buy back $OP tokens. Sounds good, but this tactic has actually been tried before. Hyperliquid has set a benchmark for this buyback model with concrete actions — their approach has proven that when project teams buy back their tokens with real money, the market does respond. The only question is whether the buyback policy can truly translate into long-term value. One-time buybacks are easy, but whether they can form sustained value support is the key.