$HYPE
Tomorrow, Hyperliquid's Assistance Fund will receive its first USDC reserve yield. First, let's take apart the easiest numbers that can get swapped by a misleading headline: it's not a one-time sweep of $160 million worth of HYPE tomorrow.
AQAv2 has been accumulating since August 26. The official rules state that 30 days make up a cycle, and after the cycle ends, payments are made 8 days later. The commonly cited figure of $135 million–$160 million is an annualized estimate based on the current USDC size and interest rate—not the amount received in the first payout.
What’s truly worth watching is that HYPE gains an additional source of buyback funding that does not depend on trading volume; however, the amount will change with the USDC balance and the interest rate. Tomorrow, check the actual on-chain funds received—don't let an “annualized” figure wear a “daily buy order” disguise.
#hype #Hyperliquid #DeFi
Tomorrow, Hyperliquid's Assistance Fund will receive its first USDC reserve yield. First, let's take apart the easiest numbers that can get swapped by a misleading headline: it's not a one-time sweep of $160 million worth of HYPE tomorrow.
AQAv2 has been accumulating since August 26. The official rules state that 30 days make up a cycle, and after the cycle ends, payments are made 8 days later. The commonly cited figure of $135 million–$160 million is an annualized estimate based on the current USDC size and interest rate—not the amount received in the first payout.
What’s truly worth watching is that HYPE gains an additional source of buyback funding that does not depend on trading volume; however, the amount will change with the USDC balance and the interest rate. Tomorrow, check the actual on-chain funds received—don't let an “annualized” figure wear a “daily buy order” disguise.
#hype #Hyperliquid #DeFi
