Hyperliquid to Receive First AQAv2 Reserve Yield Distribution Tomorrow, Approximately $14.5 Million for HYPE Buybacks

Odaily News: HL HUB (Community) posted on X that Hyperliquid is expected to receive its first AQAv2 reserve yield distribution tomorrow (October 3). Approximately $14.5 million in passive yield generated from USDC reserves will flow into the Assistance Fund for HYPE buybacks.

It is reported that under AQAv2's revenue-sharing mechanism, Hyperliquid stablecoin deployers are required to allocate 90% of stablecoin reserve yield to the Hyperliquid protocol, and 100% of these proceeds will be used for buying back and burning HYPE tokens. Stablecoin reserve yield sharing is accumulated and settled on a 30-day cycle, with proceeds automatically transferred to the Assistance Fund on the 8th day after the cycle ends. Formal yield accrual began on August 26, so the first yield payment will be made on October 3.