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Hyperdrive launches HYPE aid fund to strengthen Hyperdrive's money market
According to Foresight News, Hyperdrive, a stablecoin market built on Hyperliquid, tweeted that it has launched a HYPE aid fund to closely combine Hyperliquid and Hyperdrive while strengthening Hyperdrive's money market. Officials said that the operating principle is: Hyperdrive generates agreement revenue through stablecoins and other assets; the revenue is then transferred to the fund, using these revenues to purchase HYPE in the open market; these HYPEs are supplied as liquidity to the Hyperdrive market (i.e., the HYPE/LST market).
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