Hyperliquid Activates AQAv2 to Fund HYPE Buybacks With USDC Reserve Yield
TLDR: AQAv2 directs USDC reserve yield toward HYPE buybacks and permanent token burns. Circle serves as technical deployer while Coinbase manages treasury reserves for USDC. Reserve income accrues over 30-day cycles before transferring to the Assistance Fund. First AQAv2 payout is scheduled for October 3, following the August 26 accrual start. Hyperliquid HYPE buyback activity [...]
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Source: Source: Blockonomi