Estimated 15.3 Million USDC AQAv2 Distribution Expected Nov. 3

An estimated 15.3 million USDC distribution from Hyperliquid’s AQAv2 reserve-yield mechanism is expected Nov. 3 and could add funds for the Assistance Fund’s HYPE token purchases. The mechanism began accruing yield Aug. 26. It directs 90% of yield from USDC reserves to the protocol. Yield accrues over 30-day periods, with transfers made on the eighth day after each period ends. Reserve yield adds to trading fees as a funding source for the fund’s HYPE purchases. The first AQAv2 reserve-yield payment was credited Oct. 3 and totaled $14.58 million.