BackSIMD-0553

SIMD-0553

Hyperliquid
2026-08-03 02:03:42

This Week in Crypto: Hyperliquid’s USDC Revenue Share Nears Launch, Solana Inflation Proposal Heads Toward Vote

Crypto traders are heading into the week with a tight list of catalysts centered on Hyperliquid, Solana, and Circle. The biggest item is Hyperliquid’s revenue-sharing arrangement tied to USDC reserves, which is scheduled to begin accruing on Aug. 26, with the first payment set for Oct. 3. According to prior reporting cited in the source, 90% of reserve income generated from USDC deposits on Hyperliquid will be directed to the Assistance Fund for HYPE buybacks. Estimates from Syncracy Capital co-founder Ryan Watkins put that annual buyback flow at $135 million to $160 million based on roughly $5 billion in current USDC balances, with upside if deposits continue to rise. Solana is also in focus as SIMD-0550, a proposal to increase the network’s annual disinflation rate from 15% to 30%, is said by Helius CEO Mert to be nearing a vote. The proposal would keep the terminal inflation rate at 1.5% while shortening the timeline to reach it. Circle, meanwhile, is set to report second-quarter 2026 earnings on Aug. 5 before the U.S. market opens. Investors will be watching USDC circulation growth and whether the Hyperliquid revenue-sharing arrangement begins to pressure margins. Other items on the calendar include the Aug. 4 claim deadline for the Paradex TAP airdrop.

180
This Week in Crypto: Hyperliquid’s USDC Revenue Share Nears Launch, Solana Inflation Proposal Heads Toward Vote