Hyperliquid to receive first $14.5M AQAv2 reserve yield for HYPE buybacks
- —First AQAv2 reserve yield distribution expected on October 3
- —About $14.5 million in passive income from USDC reserves
- —Funds will go to the Assistance Fund for HYPE buybacks
Why it matters: Recurring HYPE buybacks funded by reserve income reduce token supply and support its price.
Source: PANews