Back to all news
Defi

Hyperliquid Activates AQAv2 to Buy Back and Burn HYPE with USDC Reserve Yield

CoinGape·August 26, 2026·1 min read
Hyperliquid Activates AQAv2 to Buy Back and Burn HYPE with USDC Reserve Yield

Hyperliquid activated its AQAv2 framework on Wednesday, enabling the protocol to buy back and burn HYPE tokens using generated USDC reserve yields. This introduces a second buyback route alongside the existing trading fee-driven program. The mechanism aims to reduce token supply and potentially support HYPE's value.

Read at CoinGape
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store