ChainThink report, on November 2, on-chain data shows that 2.52 USDC test transfers arrived at Hyperliquid Aid Fund (AF) at UTC 00:00, with operations consistent with last month.
Hyperliquid expects to receive over $15 million in USDC reserve yields in November, which, at the current HYPE price, could repurchase approximately 180,000 HYPE tokens.
Public data indicates that Hyperliquid received its first month's USDC reserve yield of approximately $14.58 million in October, with funds deposited into AF on October 4;
Subsequently, within the next 48 hours, AF continuously repurchased HYPE, during which time HYPE price increased by approximately 4%.
Disclaimer: Contains third-party opinions, does not constitute financial advice
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