Loading...
Hyperliquid will launch the AQAv2 stablecoin revenue sharing mechanism on August 26th, with an expected annual revenue of $200 million to be used for repurchasing and destroying HYPE tokens. Circle has transferred $4.4 billion USDC to Coinbase through the AQAv2 mechanism on HyperEVM. AQAv2 allows non exclusively issued stablecoins to qualify for Align and allocate 90% of the proceeds to relevant mechanisms, followed by 100% for repurchasing and destroying HYPE tokens.