According to Foresight News, Hyperdrive, a stablecoin market built on Hyperliquid, announced via Twitter that it has launched the HYPE Assistance Fund to closely integrate Hyperliquid and Hyperdrive while strengthening Hyperdrive's monetary market. The official statement explains the operating principle: Hyperdrive generates protocol income through stablecoins and other assets; subsequently, the income is transferred to the fund, which uses these funds to purchase HYPE in the open market; these HYPE tokens are then provided as liquidity to the Hyperdrive market (i.e., the HYPE/LST market).
Hyperdrive launches HYPE Assistance Fund to strengthen Hyperdrive's money market
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