Hyperliquid says it has made its first USDC reserve-income payment, totaling $14.58 million. Here is what the disclosure means for the platform.
The Nasdaq-listed treasury company holds about 37 million HYPE, valued at $3.2618 billion, and $292.6 million in cash.
The address held about 14.85 million PONS in a 2x short position valued at roughly $6.26 million and added about 1.09 million PONS on Oct. 3.
The positions showed a combined unrealized loss of about $1.27 million at the time of publication.
The financial backing for HYPE buybacks may boost investor confidence, potentially driving long-term value and market interest in the token. Hyperliquid receives $15M USDC for HYPE token buybacks.
Hyperliquid's new yield-based buyback strategy diversifies revenue streams, potentially stabilizing HYPE's value amid trading fluctuations. Hyperliquid lines up roughly $15M in USDC yield for HYPE buybacks.
The address holds 30,282.4 Ether at an average entry price of $2,134.45, with a reported return of 407.96%.
The fund accounted for all net inflows across spot HYPE ETFs on Oct. 2, while cumulative inflows across the products reached $346 million.
HYPE became transferable to Solana, Base and Unichain on Sept. 3, 2025. A separate Solana listing followed on Jan. 29, 2026.
The multichain expansion of HYPE via Wormhole could enhance liquidity and trading efficiency, but also introduces cross-chain dependency risks. Hyperliquid takes HYPE multichain with Solana, Base, and Unichain via Wormhole.
The trader also completed 10 profitable PUMP trades over five days, totaling $1.34 million in gains.
The deposit was priced at $91.26 per token and valued at about $6.48 million. A full sale would yield an estimated $362,000 profit.