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Hyperliquid Fund Receives First AQAv2 Yield Payment on Oct. 3

The payment adds reserve-yield revenue to a fund that also receives 99% of protocol fees and converts trading fees into HYPE, which it burns.

Updated 1 min read
An editorial graphic shows the reserve-yield earning period and subsequent payment to Hyperliquid’s Assistance Fund. / EconoTimes.ai
An editorial graphic shows the reserve-yield earning period and subsequent payment to Hyperliquid’s Assistance Fund. / EconoTimes.ai

The Assistance Fund received its first AQAv2 reserve-yield payment on Oct. 3, adding a revenue stream distinct from trading-fee conversions.

Each 30-day accrual cycle is followed by an eight-day wait before funds reach the Assistance Fund.

The protocol allocates 99% of its fees to the Assistance Fund. The fund turns trading-fee revenue into Hyperliquid (HYPE) before permanently burning the tokens. By Aug. 23, 2026, it had acquired and burned 46.7 million HYPE.

Hyperliquid says its protocol receives most of the AQAv2 reserve yield tied to USD Coin (USDC) on its platform, an arrangement EconoTimes previously covered.

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