Hyperliquid Expects More Than $15 Million in November USDC Yield

Hyperliquid is expected to receive more than $15 million in USD Coin (USDC) reserve yield in November, after a test transfer reached its Assistance Fund at 7 p.m. ET Nov. 1 (00:00 UTC Nov. 2). The 2.52 USDC transfer matched last month’s operation. Hyperliquid received about $14.58 million in its first month of USDC reserve yield in October. The funds reached the Assistance Fund on Oct. 4, and HYPE buybacks followed over the next 48 hours. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.