Hyperliquid activates AQAv2 to channel 90% of USDC reserve yield into HYPE buybacks and burns, adding up to $200M in annual token demand.

Hyperliquid, which trades as HYPE, is riding a record price high into its largest remaining token supply release.

Hyperliquid activates AQAv2 to channel 90% of USDC reserve yield into HYPE buybacks and burns, adding up to $200M in annual token demand.