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HYPE Engine launched: $1.2 billion acquisition achieves 140% return, annual repurchase scale may exceed $1.5 billion
[Coin World] The HYPE Engine has officially launched as the first autonomous treasury prototype, aimed at leveraging the production capabilities of Hyperliquid and transforming it into sustained rising value. The Hyperliquid Assistance Fund has acquired $1.2 billion worth of $HYPE in the open market, achieving a 140.00% return, while committing 97.00% of protocol revenue to a permanent and deflationary buyback program, expected to exceed an annual scale of $1.5 billion. The HYPE Engine generates excess returns by deploying on-chain infrastructure and releasing the productivity of $HYPE, including certain DEX, HIP-3 Perpetual Futures deployment, validator nodes, and on-chain DeFi opportunities. It captures ecosystem growth through smart contracts, creating a continuous capital flow that drives the value of $MEGA (MEGAHYPE) tokens and attracts global capital to participate in on-chain returns in a transparent and efficient manner. Previously, the Hyperliquid Assistance Fund held 5.62% of the circulating supply of HYPE.