peer valuation difference
The valuation multiple differs materially from the eligible peer median
Current streak: 6 snapshots · triggered 6/6 observed snapshots
hpo · coingecko:hipo-governance-token
The valuation multiple differs materially from the eligible peer median
Current streak: 6 snapshots · triggered 6/6 observed snapshots
| Metric | Period | Value | Observed |
|---|---|---|---|
| fees | 24h | $3,603.00 | 2026-10-18T04:35:58.074Z |
| fees | 30d | $154,702.00 | 2026-10-18T04:35:58.074Z |
| fees | 7d | $33,344.00 | 2026-10-18T04:35:58.074Z |
| holders revenue | 24h | $50.00 | 2026-10-18T04:36:12.168Z |
| holders revenue | 30d | $2,109.00 | 2026-10-18T04:36:12.168Z |
| holders revenue | 7d | $452.00 | 2026-10-18T04:36:12.168Z |
| revenue | 24h | $50.00 | 2026-10-18T04:36:00.033Z |
| revenue | 30d | $2,109.00 | 2026-10-18T04:36:00.033Z |
| revenue | 7d | $452.00 | 2026-10-18T04:36:00.033Z |
| tvl | point in time | $11.12M | 2026-10-18T04:35:46.584Z |
| Metric | Window | Change | Boundary |
|---|---|---|---|
| fees usd:24h | 7d | -53.90% | 2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z |
| fees usd:30d | 7d | 1.02% | 2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z |
| fees usd:7d | 7d | -16.39% | 2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z |
| holders revenue usd:24h | 7d | -52.38% | 2026-10-11T04:49:36.133Z → 2026-10-18T04:36:12.168Z |
| holders revenue usd:30d | 7d | 0.33% | 2026-10-11T04:49:36.133Z → 2026-10-18T04:36:12.168Z |
| holders revenue usd:7d | 7d | -15.67% | 2026-10-11T04:49:36.133Z → 2026-10-18T04:36:12.168Z |
| market cap usd:point in time | 7d | -1.69% | 2026-10-11T03:57:48.000Z → 2026-10-18T03:52:58.000Z |
| revenue usd:24h | 7d | -52.38% | 2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z |
| revenue usd:30d | 7d | 0.33% | 2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z |
| revenue usd:7d | 7d | -15.67% | 2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z |
| tvl usd:point in time | 7d | -3.95% | 2026-10-11T04:49:10.103Z → 2026-10-18T04:35:46.584Z |
Generate or open a cached AI research brief constrained to this dossier's stored evidence, calculations, and limitations.
Open AI research briefInsufficient actual 30-day revenue or market-cap history
Limits: No observation within 2 days of the 30-day boundary · No observation within 2 days of the 30-day boundary
{
"inputs": {},
"calculation": null,
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}Insufficient actual 30-day activity or market-cap history
{
"inputs": {},
"calculation": null,
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}No observations
Limits: Requires holders revenue and fees at both boundaries
{
"inputs": {},
"calculation": null,
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}The valuation multiple differs materially from the eligible peer median
Limits: A difference is not evidence of mispricing; protocol economics may not be comparable
{
"inputs": {
"currentCap": 3242214,
"latestRevenue": 50,
"peerMedian": 39.57062354650812
},
"calculation": {
"annualizedRevenueMultiple": 177.65556164383563,
"peerMultipleRatio": 4.489582061678497
},
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}Insufficient actual 30-day fundamental history
{
"inputs": {},
"calculation": null,
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}Eligible, but dilution threshold was not met
Limits: Supply fields are provider-reported and do not describe unlock timing
{
"inputs": {
"circulatingSupply": 777063002.9548471,
"totalSupply": 977063002.9548471
},
"calculation": {
"totalToCirculatingRatio": 1.2573793878224588
},
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}No provider identity conflict detected
{
"inputs": {
"identityConflict": false
},
"calculation": null,
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}[
{
"assetId": "coingecko:hipo-governance-token",
"kind": "sector",
"value": "other",
"status": "classified",
"reason": "Canonical mapping from DeFiLlama category Liquid Staking",
"sourceProvider": "defillama",
"sourceRecord": "3722",
"observedAt": "2026-10-18T04:35:46.584Z"
},
{
"assetId": "coingecko:hipo-governance-token",
"kind": "asset_type",
"value": "protocol_token",
"status": "classified",
"reason": "Canonical type mapping from DeFiLlama category Liquid Staking",
"sourceProvider": "defillama",
"sourceRecord": "3722",
"observedAt": "2026-10-18T04:35:46.584Z"
}
][
{
"assetId": "coingecko:hipo-governance-token",
"protocolId": "3722",
"protocolSlug": "hipo",
"method": "gecko_id",
"evidence": "DeFiLlama gecko_id=hipo-governance-token",
"status": "verified_provider_relationship"
}
][
{
"assetId": "coingecko:hipo-governance-token",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "analyzable",
"method": "global",
"reason": "At least one deterministic screening method is eligible"
},
{
"assetId": "coingecko:hipo-governance-token",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "insufficient_historical_data",
"method": "global",
"reason": "One or more historical methods lack actual boundary observations"
},
{
"assetId": "coingecko:hipo-governance-token",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "excluded_from_method",
"method": "revenue_growth_declining_multiple",
"reason": "Insufficient actual 30-day revenue or market-cap history"
},
{
"assetId": "coingecko:hipo-governance-token",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "excluded_from_method",
"method": "activity_growth_stagnant_market_cap",
"reason": "Insufficient actual 30-day activity or market-cap history"
},
{
"assetId": "coingecko:hipo-governance-token",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "excluded_from_method",
"method": "improving_tokenholder_value_capture",
"reason": "No observations"
},
{
"assetId": "coingecko:hipo-governance-token",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "excluded_from_method",
"method": "fundamental_deterioration",
"reason": "Insufficient actual 30-day fundamental history"
},
{
"assetId": "coingecko:hipo-governance-token",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "requires_manual_investigation",
"method": "global",
"reason": "At least one deterministic research signal triggered"
}
][]
[
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:670",
"protocolId": "3722",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-09-22T21:51:30.762Z",
"value": 10781419.29302974,
"unit": "USD",
"definition": "DeFiLlama protocol TVL at collection time",
"sourceUrl": "https://api.llama.fi/protocols",
"methodology": null
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:8468",
"protocolId": "3722",
"metric": "fees_usd",
"period": "24h",
"observedAt": "2026-09-22T21:51:32.324Z",
"value": 6990,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:8469",
"protocolId": "3722",
"metric": "fees_usd",
"period": "7d",
"observedAt": "2026-09-22T21:51:32.324Z",
"value": 30410,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:8470",
"protocolId": "3722",
"metric": "fees_usd",
"period": "30d",
"observedAt": "2026-09-22T21:51:32.324Z",
"value": 139708,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:15486",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "24h",
"observedAt": "2026-09-22T21:51:34.223Z",
"value": 98,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:15487",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "7d",
"observedAt": "2026-09-22T21:51:34.223Z",
"value": 397,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:15488",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "30d",
"observedAt": "2026-09-22T21:51:34.223Z",
"value": 889.04,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:21370",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "24h",
"observedAt": "2026-09-22T21:51:36.166Z",
"value": 98,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:21371",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "7d",
"observedAt": "2026-09-22T21:51:36.166Z",
"value": 397,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:21372",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "30d",
"observedAt": "2026-09-22T21:51:36.166Z",
"value": 889.04,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "643a86d5-0f73-414c-92e0-793343ff7d6c:673",
"protocolId": "3722",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-09-24T00:45:17.400Z",
"value": 10427843.815732066,
"unit": "USD",
"definition": "DeFiLlama protocol TVL at collection time",
"sourceUrl": "https://api.llama.fi/protocols",
"methodology": null
},
{
"id": "643a86d5-0f73-414c-92e0-793343ff7d6c:8479",
"protocolId": "3722",
"metric": "fees_usd",
"period": "24h",
"observedAt": "2026-09-24T00:45:20.664Z",
"value": 3476,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "643a86d5-0f73-414c-92e0-793343ff7d6c:8480",
"protocolId": "3722",
"metric": "fees_usd",
"period": "7d",
"observedAt": "2026-09-24T00:45:20.664Z",
"value": 34745,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "643a86d5-0f73-414c-92e0-793343ff7d6c:8481",
"protocolId": "3722",
"metric": "fees_usd",
"period": "30d",
"observedAt": "2026-09-24T00:45:20.664Z",
"value": 138081,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "643a86d5-0f73-414c-92e0-793343ff7d6c:15499",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "24h",
"observedAt": "2026-09-24T00:45:22.760Z",
"value": 48,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "643a86d5-0f73-414c-92e0-793343ff7d6c:15500",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "7d",
"observedAt": "2026-09-24T00:45:22.760Z",
"value": 459,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "643a86d5-0f73-414c-92e0-793343ff7d6c:15501",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "30d",
"observedAt": "2026-09-24T00:45:22.760Z",
"value": 1035.04,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "643a86d5-0f73-414c-92e0-793343ff7d6c:21390",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "24h",
"observedAt": "2026-09-24T00:45:24.661Z",
"value": 48,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "643a86d5-0f73-414c-92e0-793343ff7d6c:21391",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "7d",
"observedAt": "2026-09-24T00:45:24.661Z",
"value": 459,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "643a86d5-0f73-414c-92e0-793343ff7d6c:21392",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "30d",
"observedAt": "2026-09-24T00:45:24.661Z",
"value": 1035.04,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "c9ebdfa7-8140-48de-9184-9cab30c2f5a7:638",
"protocolId": "3722",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-09-28T02:01:00.253Z",
"value": 11968359.894860594,
"unit": "USD",
"definition": "DeFiLlama protocol TVL at collection time",
"sourceUrl": "https://api.llama.fi/protocols",
"methodology": null
},
{
"id": "c9ebdfa7-8140-48de-9184-9cab30c2f5a7:8510",
"protocolId": "3722",
"metric": "fees_usd",
"period": "24h",
"observedAt": "2026-09-28T02:01:02.842Z",
"value": 3967,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "c9ebdfa7-8140-48de-9184-9cab30c2f5a7:8511",
"protocolId": "3722",
"metric": "fees_usd",
"period": "7d",
"observedAt": "2026-09-28T02:01:02.842Z",
"value": 31925,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "c9ebdfa7-8140-48de-9184-9cab30c2f5a7:8512",
"protocolId": "3722",
"metric": "fees_usd",
"period": "30d",
"observedAt": "2026-09-28T02:01:02.842Z",
"value": 137160,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "c9ebdfa7-8140-48de-9184-9cab30c2f5a7:15645",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "24h",
"observedAt": "2026-09-28T02:01:05.968Z",
"value": 55,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "c9ebdfa7-8140-48de-9184-9cab30c2f5a7:15646",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "7d",
"observedAt": "2026-09-28T02:01:05.968Z",
"value": 442,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "c9ebdfa7-8140-48de-9184-9cab30c2f5a7:15647",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "30d",
"observedAt": "2026-09-28T02:01:05.968Z",
"value": 1285.04,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "c9ebdfa7-8140-48de-9184-9cab30c2f5a7:21651",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "24h",
"observedAt": "2026-09-28T02:01:07.697Z",
"value": 55,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "c9ebdfa7-8140-48de-9184-9cab30c2f5a7:21652",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "7d",
"observedAt": "2026-09-28T02:01:07.697Z",
"value": 442,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "c9ebdfa7-8140-48de-9184-9cab30c2f5a7:21653",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "30d",
"observedAt": "2026-09-28T02:01:07.697Z",
"value": 1285.04,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:635",
"protocolId": "3722",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-10-06T16:53:29.731Z",
"value": 12620512.201677859,
"unit": "USD",
"definition": "DeFiLlama protocol TVL at collection time",
"sourceUrl": "https://api.llama.fi/protocols",
"methodology": null
},
{
"id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:8586",
"protocolId": "3722",
"metric": "fees_usd",
"period": "24h",
"observedAt": "2026-10-06T16:53:35.959Z",
"value": 8280,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:8587",
"protocolId": "3722",
"metric": "fees_usd",
"period": "7d",
"observedAt": "2026-10-06T16:53:35.959Z",
"value": 37997,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:8588",
"protocolId": "3722",
"metric": "fees_usd",
"period": "30d",
"observedAt": "2026-10-06T16:53:35.959Z",
"value": 147474,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:15890",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "24h",
"observedAt": "2026-10-06T16:53:37.853Z",
"value": 110,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:15891",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "7d",
"observedAt": "2026-10-06T16:53:37.853Z",
"value": 512,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:15892",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "30d",
"observedAt": "2026-10-06T16:53:37.853Z",
"value": 1907.03,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:22060",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "24h",
"observedAt": "2026-10-06T16:53:43.735Z",
"value": 110,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:22061",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "7d",
"observedAt": "2026-10-06T16:53:43.735Z",
"value": 512,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:22062",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "30d",
"observedAt": "2026-10-06T16:53:43.735Z",
"value": 1907.03,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:646",
"protocolId": "3722",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-10-11T04:49:10.103Z",
"value": 11573411.28670638,
"unit": "USD",
"definition": "DeFiLlama protocol TVL at collection time",
"sourceUrl": "https://api.llama.fi/protocols",
"methodology": null
},
{
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:8616",
"protocolId": "3722",
"metric": "fees_usd",
"period": "24h",
"observedAt": "2026-10-11T04:49:24.915Z",
"value": 7815,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:8617",
"protocolId": "3722",
"metric": "fees_usd",
"period": "7d",
"observedAt": "2026-10-11T04:49:24.915Z",
"value": 39882,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:8618",
"protocolId": "3722",
"metric": "fees_usd",
"period": "30d",
"observedAt": "2026-10-11T04:49:24.915Z",
"value": 153135,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:16359",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "24h",
"observedAt": "2026-10-11T04:49:28.176Z",
"value": 105,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:16360",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "7d",
"observedAt": "2026-10-11T04:49:28.176Z",
"value": 536,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:16361",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "30d",
"observedAt": "2026-10-11T04:49:28.176Z",
"value": 2102,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:22973",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "24h",
"observedAt": "2026-10-11T04:49:36.133Z",
"value": 105,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:22974",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "7d",
"observedAt": "2026-10-11T04:49:36.133Z",
"value": 536,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "5fde7da8-3c37-4879-8995-06f079ce2348:22975",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "30d",
"observedAt": "2026-10-11T04:49:36.133Z",
"value": 2102,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:626",
"protocolId": "3722",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-10-18T04:35:46.584Z",
"value": 11116561.560611805,
"unit": "USD",
"definition": "DeFiLlama protocol TVL at collection time",
"sourceUrl": "https://api.llama.fi/protocols",
"methodology": null
},
{
"id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:7845",
"protocolId": "3722",
"metric": "fees_usd",
"period": "24h",
"observedAt": "2026-10-18T04:35:58.074Z",
"value": 3603,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:7846",
"protocolId": "3722",
"metric": "fees_usd",
"period": "7d",
"observedAt": "2026-10-18T04:35:58.074Z",
"value": 33344,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:7847",
"protocolId": "3722",
"metric": "fees_usd",
"period": "30d",
"observedAt": "2026-10-18T04:35:58.074Z",
"value": 154702,
"unit": "USD",
"definition": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:15675",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "24h",
"observedAt": "2026-10-18T04:36:00.033Z",
"value": 50,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:15676",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "7d",
"observedAt": "2026-10-18T04:36:00.033Z",
"value": 452,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:15677",
"protocolId": "3722",
"metric": "revenue_usd",
"period": "30d",
"observedAt": "2026-10-18T04:36:00.033Z",
"value": 2109,
"unit": "USD",
"definition": "The governance fee, plus everything spent buying and burning HPO.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:22380",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "24h",
"observedAt": "2026-10-18T04:36:12.168Z",
"value": 50,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:22381",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "7d",
"observedAt": "2026-10-18T04:36:12.168Z",
"value": 452,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
},
{
"id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:22382",
"protocolId": "3722",
"metric": "holders_revenue_usd",
"period": "30d",
"observedAt": "2026-10-18T04:36:12.168Z",
"value": 2109,
"unit": "USD",
"definition": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"UserFees": "Stakers pay no fees for using Hipo. The borrowers the pool lends to, who are validators, pay a fee out of their own share of each round's reward.",
"Fees": "Validation rewards credited to the pool, summed from the treasury's repayment logs for the day, plus the GRAM that reached Hipo's buy-and-burn contract and was spent on HPO. The validators' own share of a round's reward is deducted before the pool is credited, so it is not counted here.",
"Revenue": "The governance fee, plus everything spent buying and burning HPO.",
"ProtocolRevenue": "The governance fee, deducted from the pool's reward before it reaches stakers. Its rate is set by Hipo's governor and can be zero.",
"SupplySideRevenue": "Rewards credited to stakers, which reach them as a rise in the hGRAM exchange rate rather than as a separate claim.",
"HoldersRevenue": "GRAM sent to Hipo's buy-and-burn contract, read from that contract's own income log so that returned change is excluded. It stakes the GRAM, buys HPO with the resulting hGRAM on DeDust, and burns it, lowering the total supply of HPO. Two sources pay it: the borrower fee forwarded by the treasury, and the realized profit of Hipo's HPO trading bot."
}
}
]