Petro D. | ResearchUpdate

@PDmytriiev

AQAv2 lifts $HYPE buybacks by more than it lifts revenue. All of the reserve yield goes to the @HyperliquidX Assistance Fund, against about 94% of trading revenue. → Last 12 months: $657M of buybacks, $853M with AQAv2 (+30%). → Last 30 days annualized: $732M, $928M with AQAv2 (+27%). → That takes the buyback yield on market cap from 2.8% to 3.5%.

Thursday, October 15, 2026 at 01:02 PM UTC