Hyperliquid Assistance Fund Buys $1.36B Worth of HYPE Tokens

Key Facts

The Hyperliquid Assistance Fund has cumulatively purchased over 48 million HYPE tokens for $1.36 billion. CoinGape reported that the current market value of these holdings reached approximately $3.95 billion as of Tuesday, October 13, 2026. The fund executes these acquisitions through open-market buybacks funded by trading fee revenue and USDC reserve yields.

Market activity for HYPE surged with 24-hour trading volume reaching $931.56 million, a more than 59% increase, even as the price traded around $81.20 following a 5% decline amid broader crypto volatility. The protocol's buyback mechanism treats acquired tokens as burned, permanently removing them from the circulating supply to support the long-term tokenomics of the high-performance Layer-1 perpetual futures platform.