Hyperliquid is expected to generate over $15 million in revenue in November, with plans to repurchase 180,000 HYPE tokens.
Hyperliquid will receive over $15 million in USDC reserve earnings in November, and is expected to repurchase approximately 180,000 HYPE. On-chain data shows that a test transfer of 2.52 USDC arrived at the Hyperliquid Assistance Fund (AF) on November 2nd at 08:00. Hyperliquid received approximately $14.58 million in USDC reserve earnings in October, which were deposited into the AF on October 4th. The AF then continuously repurchased HYPE over the following 48 hours, during which time HYPE rose by approximately 4%.