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Hyperion DeFi Purchases Additional $5 Million in HYPE for Kinetiq iHYPE Strategy
Globenewswireยท2025-07-28 12:00

Core Viewpoint - Hyperion DeFi, Inc. has expanded its holdings of HYPE tokens to 1,535,772 by acquiring an additional 108,594 tokens at an average price of $36.14 per token, in preparation for deploying HYPE into Kinetiq's iHYPE pool, which is designed for institutional participants [2][3][4] Group 1: Company Developments - The acquisition of HYPE tokens is part of Hyperion DeFi's strategy to implement its HyperEVM DeFi strategy and to earn passive staking yields while enhancing capital efficiency [4][6] - Hyperion DeFi is the first public company to utilize Kinetiq's institutional-grade liquid staking solution, indicating a commitment to innovation in decentralized finance (DeFi) [4][5] - The company plans to participate in Kinetiq's kPoints incentive program, which positions it for future growth within the Kinetiq ecosystem [4][6] Group 2: Investor Engagement - Hyperion DeFi will host an investor webinar on July 29, 2025, to discuss its transformation into a publicly listed firm focused on building a strategic treasury around HYPE [7] - The webinar will include a live Q&A session, allowing investors to engage directly with the management team [7] Group 3: Hyperliquid Platform and HYPE Token - Hyperliquid is a layer one blockchain optimized for high-frequency trading, featuring on-chain perpetual futures and spot order books with rapid transaction times [8] - HYPE, the native token of Hyperliquid, provides utility through reduced trading fees and has autonomously sequestered over 25 million tokens as of June 2025, making it the 12th-largest cryptocurrency by market capitalization [9][10] Group 4: Kinetiq Collaboration - Kinetiq's iHYPE deployment is tailored for institutional clients and has quickly amassed over $600 million in Total Value Locked (TVL) within its first week, establishing it as a leading liquid staking protocol on Hyperliquid [15]