HYPE

Hyperliquid

2026-10-04 03:44:03

Hans says Hyperliquid’s AQAv2 has opened a new revenue stream

Hyperdash co-founder Hans said Hyperliquid’s AQAv2 mechanism has started generating a new source of revenue beyond trading fees. The AQAv2 treasury wallet has completed its first payment, paying $14.58 million for the USDC reserves held by the trading platform over the past 30 days, with the proceeds set to flow into an assistance fund used to buy HYPE. Under the mechanism, when users bridge USDC to Hyperliquid, Circle mints the corresponding assets on HyperEVM, charges the treasury balance daily, and settles every 30 days. Coinbase and Circle have each staked 500,000 HYPE, while a missed payment could cost Coinbase 2% of its staked amount per day. Hans said Hyperliquid previously relied mainly on trading fees, but AQAv2 allows the platform to earn from margin deposits themselves, whether or not those funds are actively traded. Based on the first payment period and current scale, he estimated implied annualized AQAv2 revenue at about $193 million.

Hyperliquid

2026-10-04 03:43:01

Hyperliquid books first $14.58 million in USDC reserve revenue under AQAv2

Hyperliquid has recorded its first payment tied to USDC reserves under its AQAv2 mechanism, according to a post by Hyperdash co-founder Hans. On Oct. 3, the AQAv2 treasury wallet received $14.58 million for the platform’s USDC reserves held over the previous 30 days, with the proceeds set to flow into the assistance fund for HYPE purchases. Hans said the structure creates a new revenue stream beyond trading fees, allowing the platform to earn from margin deposits themselves whether or not the funds are actively used in trading. Under the setup, users bridge USDC to Hyperliquid, Circle mints the corresponding asset on HyperEVM, and the treasury balance is charged daily and settled every 30 days. Coinbase and Circle have each staked 500,000 HYPE, while a missed payment could cost Coinbase 2% of its staked amount per day. The first payment covered Aug. 26 to Sept. 24, implying an average rate of about 3.14% and annualized revenue of roughly $193 million at the current scale. Hans also said Hyperliquid’s open interest rose from $7.72 billion to $16.4 billion between Jan. 1 and Sept. 30, while platform margin increased from $4.34 billion to $7.22 billion.

whale

2026-10-04 01:50:50

Whale Corus Buys 7.14 Million EDEL With $200,000, Lookonchain Says

Lookonchain said whale trader Corus, identified by wallet address 0x807...aca1, has spent a total of $200,000 to accumulate 7.14 million EDEL. The monitoring update also noted that Corus previously made $34.95 million on Hyperliquid and still holds 137,100 HYPE worth $12.27 million. Separately, EDEL has risen 750% over the past two months. The figures point to a fresh accumulation move by a trader already known for sizable gains in the Hyperliquid ecosystem.

Blast

2026-10-03 09:00:00

Blast to wind down operations as NEAR Intents says stolen $3.8 million has been fully returned

PANews’ Oct. 3 market roundup covered a wide set of crypto developments across regulation, projects, macro data and on-chain flows. The headline items were Blast’s decision to shut down its network and NEAR Intents’ statement that the $3.8 million stolen in its earlier exploit had been fully returned. Blast said operating economics no longer made sense, told users to withdraw assets including Blast PWA balances to Ethereum mainnet, and set Oct. 26, 2026 as the deadline for using the regular Blast interface before users would need to interact directly with the bridge contract on Ethereum L1. In South Korea, Upbit and Bithumb placed BLAST on a trading caution list, and the token fell 42% in 24 hours. The digest also included SEC approval of 3x long ETPs tied to Bitcoin, Ether and several commodities, weak U.S. September payrolls data, Anchorage Digital’s reported 17% workforce reduction, and Aave Labs’ proposal to set up an Aave Foundation in the Cayman Islands to hold trademarks and related intellectual property under DAO oversight. On the market side, Lookonchain said Andrew Tate deposited $1.87 million worth of HYPE to Binance and had recorded a total profit of $7.24 million on the position, while Machi Big Brother was reported to have posted $1.34 million in profit after 10 straight winning PUMP trades in five days.

Hyperliquid S

2026-10-03 13:47:58

Hyperliquid Strategies buys another 1.9 million HYPE, holdings top $3.2 billion

Odaily reported that Hyperliquid Strategies, a Nasdaq-listed HYPE treasury company, has purchased another 1.9 million HYPE worth $167.2 million. After the latest buy, the company now holds about 37 million HYPE valued at roughly $3.2618 billion. It also holds $292.6 million in cash. The update centers on the company’s latest increase in HYPE exposure and its current balance of token holdings and cash.

whale movemen

2026-10-03 13:25:52

387,000 HYPE worth about $3.42 million moved from Kinetiq to an unknown wallet

Whale Alert tracked a transfer of 387,000 HYPE from Kinetiq to an unknown wallet around 20 minutes before the alert cited by Odaily. The tokens were valued at about $3.4152 million at the time of the report. No additional details were provided in the input on the identity of the receiving address, the purpose of the transfer, or whether the movement was tied to an exchange, custody change, or internal wallet management. Odaily listed the transaction as a whale movement update.

Andrew Huang

2026-10-03 13:00:22

Machi Big Brother Andrew Huang keeps adding to HYPE and PUMP longs as total unrealized loss reaches $450,000

Andrew Huang, known in the market as "Machi Big Brother," is continuing to add to his leveraged long positions in HYPE and PUMP, according to TradingBeats monitoring cited by BlockBeats on Oct. 3. The address tied to Huang now shows a total unrealized loss of $450,000. The tracked positions include a 25x long on 37,000 ETH opened at an average price of $2,688.97, currently showing an unrealized loss of $250,000. A separate 40x long on 300 BTC was opened at an average price of $84,719.50 and is currently in unrealized profit by $41,000. The address also holds a 10x long on 181,000 HYPE, opened at an average price of $89.74 and now showing an unrealized loss of $280,000. Another 10x long on 1.2 billion PUMP, opened at $0.01, is currently showing an unrealized profit of $42,000. Overall, losses on the ETH and HYPE positions outweigh gains on BTC and PUMP, leaving the account with a net floating loss.

Paragon

2026-10-03 12:40:29

Paragon wins GDX code with 561.29 HYPE bid

Paragon, a HIP-3 decentralized trading platform, has won the GDX code with a bid of 561.29 HYPE, according to Hyperliquid News. The code corresponds to the VanEck Gold Miners ETF. The reported value of the winning bid was about $44,000. The update was cited from a post linked in the source material. No additional transaction details were disclosed in the provided report.