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Hyperliquid Assistance Fund & HYPE Supply

Live HYPE supply (circulating, total and max) and the Hyperliquid Assistance Fund: the system address that receives Hyperliquid's trading fees and uses them to buy HYPE on the spot market. Its HYPE balance, what that is worth, and how much HYPE it bought each day this week, all straight from Hyperliquid's public API.

298.71M HYPE is circulating out of 998.90M HYPE in existence (30%) and a 1.00B HYPE max supply. The Assistance Fund holds 47.52M HYPE, worth $4.36B at $91.845, equal to 16% of circulating supply. It bought 24.2K HYPE ($2.30M) on Tue 22 Sep (UTC) and 31.4K HYPE a day on average over the last 2 full days.

HYPE $91.845As of 20:04 UTC

Circulating supplyHYPE
298.71M HYPE
30% of total · mcap $27.44B
Total supply
998.90M HYPE
411.21M HYPE future emissions
Max supply
1.00B HYPE
FDV $91.84B · 1.10M HYPE burned
HYPE pricespot
$91.845
+0.27% 24h
Assistance Fund balanceHYPE
47.52M HYPE
16% of circulating · 4.8% of total
USD valueat mark
$4.36B
avg cost $27.828 · $3.04B vs cost
Bought, last full dayTue 22 Sep
24.2K HYPE
$2.30M
Daily average2d
31.4K HYPE
$2.96M a day · 3.83% of circulating a year

Daily HYPE buybacks, last 7 days

UTC days · buys on HYPE spot pairs
Day (UTC)HYPE boughtUSD spentAvg priceFills
Sun 27 Sep so farloading…
Sat 26 Seploading…
Fri 25 Seploading…
Thu 24 Seploading…
Wed 23 Seploading…
Tue 22 Sep24.2K HYPE$2.30M$94.948557
Mon 21 Sep38.5K HYPE$3.63M$94.1681061

Still loading this week's fills from Hyperliquid; the most recent days fill in over the next few minutes.

From Hyperliquid's fill history for the fund address 0xfefefefefefefefefefefefefefefefefefefefe. The fund's HYPE is non-circulating, so buybacks don't add to circulating supply.

Non-circulating HYPE balances

as reported by Hyperliquid
HolderHYPEShare of total
0x43e9…a251241.45M HYPE24.2%
Assistance Fund47.52M HYPE4.8%
Zero address1,674 HYPE0.0%
Burn address (0x…dead)2.72 HYPE0.0%
Future emissions411.21M HYPE

Circulating supply = total supply − future emissions − these balances.

Assistance Fund & HYPE supply FAQ

What is the Hyperliquid Assistance Fund?

It's a system address on Hyperliquid (0xfefe…fefe) that trading fees are routed to. The fund converts them into HYPE by buying on the spot HYPE/USDC market, so its fills are effectively a continuous HYPE buyback. Right now it holds 47.52M HYPE ($4.36B).

How much HYPE does the Assistance Fund buy per day?

This page adds up the fund's buy fills on HYPE spot pairs per UTC day, from Hyperliquid's own fill history for the fund address. Over the last 2 full UTC days it bought an average of 31.4K HYPE ($2.96M) a day. The amount follows trading volume, so it rises in busy markets and falls in quiet ones.

Is the Assistance Fund's HYPE counted as circulating supply?

No. Hyperliquid lists the fund's address among the non-circulating balances, so circulating supply is total supply minus future emissions minus those balances. Today that is 298.71M HYPE of 998.90M HYPE.

Why is HYPE's total supply below its max supply?

Total supply only falls when HYPE is burned, so max supply minus total supply is the amount burned so far: 1.10M HYPE of a 1.00B HYPE max.