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 assistance fund primarily acquires HYPE through continuous open-market buybacks funded by Hyperliquid trading fee revenue. Notably, Hyperliquid’s perpetual and spot trading fees are directed to The post Hyperliquid Assistance Fund Buys 48 Million HYPE for $1.36 Billion appeared first on CoinGape .