AQAv2 revenue has become Hyperliquid's second-largest source of income, accumulating $24.78 million

Odaily news: According to official data, AQAv2 revenue has become Hyperliquid's second-largest source of income, accounting for 26.96% of Hyperliquid's total revenue. Hyperliquid's largest source of income remains contract trading fees, accounting for over 66%.

AQAv2 is a "revenue-sharing" mechanism launched by Hyperliquid for stablecoins. This mechanism stipulates that stablecoin deployers must allocate 90% of the reserve revenue from stablecoins to the Hyperliquid protocol, and the protocol will use 100% of this revenue to buy back and burn HYPE tokens.

Since revenue accrual began on August 26, AQAv2 has generated a cumulative total of $24.78 million in revenue for Hyperliquid.