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Home›Crypto›Market Structure›Hyperliquid’s USDC yield program funded to support HYP…

Hyperliquid’s USDC yield program funded to support HYPE buybacks

The first reserve-yield payment is set to flow to the Assistance Fund, linking buyback funding to USDC balances instead of trading volume.

Reported · Written up by our desk · Market Structure

The Defiant reports that Hyperliquid’s USDC yield program has been funded to support HYPE buybacks.

According to the outlet, the first reserve-yield payment is awaiting transfer to the Assistance Fund.

The program’s buyback funding is tied to USDC balances rather than trading volume.

The Defiant says this structure is intended to route reserve yield payments into the buyback mechanism via the Assistance Fund.

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Sources

The DefiantHyperliquid’s USDC Yield Program Gets $14.6 Million for HYPE Buybacks

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