Hyperliquid will launch the AQAv2 mechanism on August 26th, with an estimated annual repurchase and destruction of $200 million of HYPE.
2026-08-17 12:25:12
According to CoinMeta, Hyperliquid has announced that it will launch a stablecoin yield-sharing mechanism on August 26th, which is expected to generate $200 million in revenue annually for the purpose of repurchasing and burning HYPE tokens. Circle has already transferred $4.4 billion in USDC to Coinbase through the AQAv2 mechanism on HyperEVM. AQAv2 allows non-exclusive stablecoins to qualify for aligned and allocates 90% of the revenue to the relevant mechanism, with the remaining 100% being used for repurchasing and burning HYPE tokens.
Source:Internet
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