Wu Blockchain (@WuBlockchain): USDC Reserves Start Funding HYPE Buybacks as Hyperliquid Receives First $14.58M Payment
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- HYPE+70Positive
USDC Reserves Start Funding HYPE Buybacks as Hyperliquid Receives First $14.58M Payment Hyperliquid received its first $14.58 million USDC payment under the AQAv2 framework, adding a funding source for HYPE buybacks beyond trading fees. Under the mechanism, roughly 90% of cost-adjusted reserve yield generated on USDC supply is shared with the protocol and routed to the Assistance Fund, which purchases HYPE. The first payment covered a 30-day period.