🚨 HYPE HAS A NEW BUYBACK CATALYST — BUT THERE’S A CATCH
Hyperliquid received its first $14.58M USDC payment from the AQAv2 reserve-yield program on October 3. The funds are intended to support the Assistance Fund and future HYPE buybacks.
But this is important: the $14.58M has not been confirmed as a completed HYPE buyback yet. The latest report says the USDC was still sitting in the system interest address awaiting transfer.
At the same time, Hyperliquid’s official announcements show open interest recently reached an all-time high of $18B, highlighting continued activity across the platform.
So the real HYPE story right now is growing protocol activity + a new potential buyback funding source, not a guaranteed price move.
$HYPE
.
.
.
#Hyperliquid #Crypto #Write2Earn
Not financial advice. DYOR.
Hyperliquid received its first $14.58M USDC payment from the AQAv2 reserve-yield program on October 3. The funds are intended to support the Assistance Fund and future HYPE buybacks.
But this is important: the $14.58M has not been confirmed as a completed HYPE buyback yet. The latest report says the USDC was still sitting in the system interest address awaiting transfer.
At the same time, Hyperliquid’s official announcements show open interest recently reached an all-time high of $18B, highlighting continued activity across the platform.
So the real HYPE story right now is growing protocol activity + a new potential buyback funding source, not a guaranteed price move.
$HYPE
.
.
.
#Hyperliquid #Crypto #Write2Earn
Not financial advice. DYOR.
