TREE NEWS update: Hyperliquid’s AQAv2 mechanism is expected to generate its first revenue of about $20 million on October 3, which will be used to buy back and burn HYPE tokens. The mechanism, announced in May, allocates 90% of stablecoin yields to repurchase HYPE, with Coinbase as fund deployer and Circle handling technical deployment. Analysts estimate annual buyback pressure of $135M-$160M.
Hyperliquid AQAv2 First Revenue ~$20M to Buy Back HYPE
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
1h ago
Crypto-related US stocks dip 0.08%, week up 12.05%
2h ago
Israel Strikes Southern Lebanon in Response to Hezbollah Drone
3h ago
Nasdaq Golden Dragon China Index Rises 0.8% Friday, Down 2.5% Week
3h ago
US Jobs Report Knocks Bitcoin Below $81,000
3h ago
Pineapple Financial to tokenize $10B mortgages on Injective
4h ago
FinCEN: $13B in crypto scams tied to non-US operations