Over $15 Million in USDC Reserve Yield Is About to Arrive, Hyperliquid Expected to Buy Back Approximately 180,000 HYPE

Odaily reports: On-chain data shows that a test transfer of 2.52 USDC arrived at the Hyperliquid Assistance Fund (AF) at 00:00 UTC on November 2, consistent with last month's operation. In November, Hyperliquid will receive more than $15 million in USDC reserve yield, and based on the current HYPE price, it is expected to buy back approximately 180,000 HYPE. Public data shows that Hyperliquid received approximately $14.58 million in first-month USDC reserve yield in October; these funds were deposited into the AF on October 4, and the AF continued buying back HYPE within the following 48 hours, during which HYPE rose about 4%.