Hyperliquid has arranged for the yield generated from Circle’s $6.07 billion treasury to be directly used for buying back HYPE tokens, creating about $498,580 in daily purchase power. This mechanism could burn around 5,684 HYPE tokens daily, increasing the burn rate by 25%. The system has started receiving actual reserve payments, with $14.58 million USDC generated, though most funds are still pending transfer to the Assistance Fund for buybacks. Meanwhile, Tate’s transfer of 20,950 HYPE to Binance signals potential selling pressure, with $5.62 million worth of HYPE still off-exchange, which could affect future price dynamics. Overall, Hyperliquid’s new buyback source strengthens HYPE’s tokenomics but selling activity remains a key factor to watch.
HYPE trades at Rp1.615.990 with a 2.39% gain as of Oct 04, 2026 15:21 WIB on Pluang, showing steady interest despite the $5.62 million sell threat highlighted by Andrew Tate's recent token move. The market cap stands at Rp402.95 trillion with a 24-hour volume of Rp8.19 trillion, while Pluang users show a balanced order activity leaning slightly towards buying at 58%. This suggests that while selling pressure exists, demand for HYPE remains robust among Pluang investors.
Hyperliquid Strategies recently purchased 1.9 million Hyperliquid (HYPE) tokens worth $167.2 million, increasing its total holdings to about 37 million HYPE tokens valued at $3.2618 billion. The Nasdaq-listed company also holds $292.6 million in cash...
Hyperliquid has received $14.6 million in USDC yield to fund buybacks of its HYPE token through its Assistance Fund, which aims to buy and burn tokens to increase their value. This yield comes from the AQAv2 mechanism that allocates about 90% of the ...
On October 2, Grayscale's Hyperliquid Staking ETF (ticker HYPG) attracted $3.3709 million in net inflows, representing all spot fund inflows tracking Hyperliquid (HYPE) that day. The fund's cumulative net inflows have reached $153 million, contributi...
Hyperliquid has enabled its native token, HYPE, to be transferred across Solana, Base, and Unichain using Wormhole's Native Token Transfers standard. This multichain rollout, launched on September 3, 2025, aims to reduce liquidity fragmentation and o...
Machi currently holds long positions valued at approximately $144 million across three cryptocurrencies: Ether (ETH), Bitcoin (BTC), and HYPE. The holdings include 33,950 ETH worth $92.56 million, 409 BTC valued at $35.22 million, and 180,000 HYPE to...
