đ„ HYPERLIQUIDâS $HYPE BUYBACK ENGINE JUST GOT STRONGER
Hyperliquid has activated AQAv2, introducing yield from its USDC reserves into the $HYPE buyback mechanism.
Around 90% of the generated yield is expected to go toward the Assistance Fund, which can then use those proceeds to buy $HYPE from the market and permanently burn it. đ„
With USDC reserves reportedly above $5B, this could create a meaningful new source of recurring buyback pressure.
đ First AQAv2 payout: October 3
đ„ HYPE already burned: ~462M tokens
đ° Value burned: roughly $1.27B
If the mechanism scales as expected, $HYPEâs supply dynamics could become even more interesting. đ
#HYPE
Hyperliquid has activated AQAv2, introducing yield from its USDC reserves into the $HYPE buyback mechanism.
Around 90% of the generated yield is expected to go toward the Assistance Fund, which can then use those proceeds to buy $HYPE from the market and permanently burn it. đ„
With USDC reserves reportedly above $5B, this could create a meaningful new source of recurring buyback pressure.
đ First AQAv2 payout: October 3
đ„ HYPE already burned: ~462M tokens
đ° Value burned: roughly $1.27B
If the mechanism scales as expected, $HYPEâs supply dynamics could become even more interesting. đ
#HYPE
