According to CoinMeta, Hyperliquid announced that it will receive over $15 million in reserve earnings from USDC in November and plans to repurchase approximately 180,000 HYPE. On-chain data shows that 2.52 USDC were successfully transferred to the Hyperliquid aid fund (AF) at 08:00 on November 2nd. In addition, Hyperliquid received its first month's reserve earnings of about $14.58 million in October; this funds were deposited into AF on October 4th, and subsequently, within 48 hours, AF began continuous repurchases of HYPE, during which time the price of HYPE rose by about 4%.