Holdings market value rises 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. The market value of these tokens has now risen to approximately $3.953 billion. The fund primarily uses protocol trading fee revenue to continuously buy back HYPE from the open market, as a mechanism for the protocol to return value to token holders. Recently, Hyperliquid has 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 are no longer entirely dependent on trading fees.