The Hyperliquid Assistance Fund has repurchased more than 48 million $HYPE tokens, spending approximately $1.36 billion in total. The holdings are currently worth around $3.95 billion.
The fund primarily increases its holdings through continuous open-market buybacks. All funding comes from Hyperliquid trading fee revenue, with fees from both perpetual futures and spot trading directed into the buyback fund, creating a long-term buyback cycle. This fee-driven buyback mechanism is seen as a major force supporting $HYPE demand.
(Source: CoinGape)
#HYPE #Hyperliquid
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; proceed with caution.
The fund primarily increases its holdings through continuous open-market buybacks. All funding comes from Hyperliquid trading fee revenue, with fees from both perpetual futures and spot trading directed into the buyback fund, creating a long-term buyback cycle. This fee-driven buyback mechanism is seen as a major force supporting $HYPE demand.
(Source: CoinGape)
#HYPE #Hyperliquid
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; proceed with caution.