Back to all news
Markets

Hyperliquid Assistance Fund Buys 48 Million HYPE for $1.36 Billion

CoinGape·October 13, 2026·1 min read
Hyperliquid Assistance Fund Buys 48 Million HYPE for $1.36 Billion

Hyperliquid Assistance Fund has cumulatively purchased more than 48 million HYPE tokens for $1.36 billion. The current market value of those holdings is about $3.95 billion as of Tuesday. The fund acquires HYPE through continuous open-market buybacks funded by Hyperliquid trading fee revenue.

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