Hyperliquid has secured its first $14.58 million USDC payment to support buybacks of its HYPE token through the AQAv2 protocol, which started in August 2026. This protocol allocates about 90% of eligible USDC reserve yield to buybacks, aiming to boost HYPE token liquidity and market value beyond fee reliance. The move is expected to create a steady revenue stream and improve market sentiment, with investors watching for future payments and strategic updates that could further impact HYPE's price and demand.
Hyperliquid's recent $14.58 million USDC buyback initiative comes as its HYPE token trades at Rp1.678.462 on Pluang, showing a strong 4.33% gain in the past day as of Oct 05, 2026 15:12 WIB. The token's market cap stands at Rp413,25 trillion, with a 24-hour trading volume of Rp11,16 trillion, reflecting active investor interest. Notably, 74% of Pluang's order activity is buying, indicating positive sentiment around HYPE amid these strategic buybacks.
Pump.fun earned $55.5 million in 30 days, surpassing Hyperliquid's $54.34 million, driven by increased trading on its Solana launchpad. The surge in trading volume, rising from $5 million to over $40 million daily, boosts Pump.fun's revenue from toke...
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, increasi...
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...
