Stablecoin Supply on Hyperliquid
HyperEVM および HyperCore にわたるすべての USDC、USDT0、USDe、feUSD、USDH、つまりドル換算されたフットプリント全体。
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その他のステーブル
USDT0、USDe、feUSD、および USDH は、HyperEVM と HyperCore にまたがって供給されます。
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AQAv2 · Reserve Yield → HYPE Buybacks
Coinbase + Circle 連携による HYPE buyback 経路
Coinbase has announced plans to activate AQAv2 on USDC as treasury deployer; Circle as technical deployer. Per the HL docs, deployers share approximately 90% of cost-adjusted reserve yield revenue with the protocol — a new revenue stream stacking on top of trading-fee buybacks.
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上記の数字は、見積もり例。not a forecast. The HL docs specify "approximately 90% of cost-adjusted reserve yield revenue" flows to the protocol。USDC reserves are predominantly short-duration US Treasuries via Circle's BlackRock-managed reserve fund, so we use ~4% as a reasonable central case for today's rate environment.