$HYPE buybacks funded by Circle’s USDC reserve revenue begin this week.
Starting October 3, Hyperliquid will allocate a portion of the revenue generated from Circle’s USDC reserves to the Assistance Fund; the fund will use this revenue to purchase $HYPE from the market.
Estimates suggest this flow could add approximately $135 million to $160 million annually to existing $HYPE buybacks.
#hype
Starting October 3, Hyperliquid will allocate a portion of the revenue generated from Circle’s USDC reserves to the Assistance Fund; the fund will use this revenue to purchase $HYPE from the market.
Estimates suggest this flow could add approximately $135 million to $160 million annually to existing $HYPE buybacks.
#hype
