Core Insights - Hyperion DeFi, Inc. has announced its first HYPE Asset Use Service (HAUS) agreement with Credo Cayman, marking a significant step in its strategy to generate revenue through decentralized finance [1][2][3] Company Overview - Hyperion DeFi is the first U.S. publicly listed company focused on building a long-term strategic treasury of Hyperliquid's native token, HYPE [1][6] - The company aims to provide shareholders with simplified access to the Hyperliquid ecosystem, which is recognized as one of the fastest-growing and highest revenue-generating blockchains [6] HYPE Token and Hyperliquid Platform - HYPE is the native token of Hyperliquid, which offers reduced trading fees and increased referral bonuses for staked HYPE [5] - As of September 2025, over 30 million HYPE has been sequestered by the blockchain, making it the 16th-largest cryptocurrency by market capitalization [5] - Hyperliquid is a layer one blockchain optimized for high-frequency trading, featuring on-chain perpetual futures and spot order books with 70 millisecond block times [4] HAUS Agreement with Credo - The HAUS agreement involves the use of 100,000 staked HYPE by Credo, allowing the firm to significantly lower transaction fees on Hyperliquid [2] - The net fee savings from this agreement will be shared between Hyperion DeFi and Credo, creating a new revenue stream for both parties [2][3] - Credo's team consists of experienced traders and technologists who have transitioned from centralized venues to Hyperliquid for its lower fees and comparable trade settlement speeds [3] Future Developments - Hyperion DeFi is also developing the Optejet User Filled Device (UFD) for ophthalmic liquids, which aims to improve treatment compliance and outcomes for patients [7]
Hyperion DeFi Enters Into First HAUS Agreement With Proprietary Trading Firm Credo
Globenewswireยท2025-09-16 12:00