2026-01-09 08:25:40

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.

OP-1.52%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

17 Likes

Reward
17
4
Repost
Share

Comment

0/400

GrayscaleArbitrageur

· 6h ago

As for buybacks, they can indeed boost the market in the short term, but whether they can sustain it in the long run is really hard to say. Basically, it's just burning money and telling stories. Anyone can learn Hyperliquid's approach; the key is whether there's enough momentum. If OP can truly continue the buybacks this time, I’ll believe it; otherwise, it's just slacking off.

View OriginalReply0

IntrovertMetaverse

· 01-09 08:54

Buybacks, to put it simply, are just a way to stop the bleeding. Truly rising projects don't rely on this tactic at all.

View OriginalReply0

PermabullPete

· 01-09 08:41

Buybacks, to put it simply, are short-term bleeding stops. Projects that can truly survive depend on products and ecosystems.

View OriginalReply0

ExpectationFarmer

· 01-09 08:39

Buyback of this stuff, to be honest, is just a short-term trick to deceive the market. The real thing that can sustain the market still needs actual business traffic to support it.

View OriginalReply0