AQAv2 has become Hyperliquid's second-largest revenue source, generating a cumulative $24.78 million since yield accrual began on August 26. According to NS3.AI, official data show AQAv2 accounts for 26.96% of Hyperliquid's total revenue. Under AQAv2, stablecoin deployers must allocate 90% of reserve yield to the protocol, and Hyperliquid will use 100% of that revenue to buy back and burn #hype tokens.
$HYPE