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u/Xennenial 5 days ago

$10.15 million (112,580 HYPE tokens) bought back and burned on October 5

Approximately $10.15 million (specifically, Hyperliquid bought and permanently burned 112,580 HYPE tokens at a volume-weighted average price of about $90.20). t.signalplus.com This figure comes from multiple contemporaneous reports (primarily citing Onchain Lens / Lookonchain data) covering the \~24-hour period around October 5, 2026. It represents one of the larger single-day buyback-and-burn events at the time and was funded by protocol revenue, including trading fees plus proceeds linked to the AQAv2 reserve-yield framework (whose first \~$14.5–14.58 million USDC payment occurred on or around October 3 and was routed toward the Assistance Fund for buybacks). ambcrypto.com For context from the same reports:Estimated 24-hour fees were much lower (\~$989,000), with 7-day revenue \~$9.85 million and 30-day \~$52 million; the larger burn drew on accumulated/AQAv2 funds. Cumulative HYPE burned to that point reached \~49.25 million tokens (valued at roughly $4.45 billion). ainvest.com Hyperliquid’s model routes the large majority of net fees (and AQAv2 yield) into the Assistance Fund for open-market HYPE purchases that are then burned. Exact calendar-day boundaries can vary slightly by data source timing, but $10.15 million is the widely reported amount tied to the October 5 period.
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