Almost all of Hyperliquid’s core operations are geared toward driving deflation to $HYPE .

Just two hours ago, under the AQAv2 mechanism, the first USDC reserve income split resulted in about 14.58 million USDC being transferred into Hyperliquid’s Assistance Fund AF, to enforce buyback and burn of $HYPE .

Under the AQAv2 mechanism, for the net收益 generated by the USDC reserves on Hyperliquid, 90% is automatically routed to AF in 30-day cycles. After entering AF, it will forcibly execute the buyback and burn of $HYPE .

The entire process is not subject to any manual intervention; execution is guaranteed by code.

#Hyperliquid $HYPE