Holdings market value rose to approximately $3.953 billion, Hyperliquid Assistance Fund has cumulatively purchased over 48 million HYPE

Odaily News: The Hyperliquid Assistance Fund has cumulatively purchased over 48 million HYPE, with a total expenditure of approximately $1.365 billion, and the market value of these tokens has now risen to approximately $3.953 billion. The fund continuously buys back HYPE from the open market primarily through protocol trading fee revenue, as a mechanism for the protocol to return value to token holders. Recently, Hyperliquid also injected a portion of USDC reserve yields into the Assistance Fund through the AQAv2 framework to expand the source of buyback funds, so that buybacks no longer rely entirely on trading fees.