Core Insights - Hyperliquid has attracted renewed market attention following the unstaking of 1.2 million HYPE tokens on December 28, ahead of the first scheduled team distributions on January 6, 2026 [1][7] - The timing of the unstaking has reignited discussions regarding supply pressure and the protocol's ability to manage new token issuance without negatively impacting prices [2] Token Mechanics and Distribution - The unstaked tokens are part of Hyperliquid's team allocation, which constitutes approximately 23.8% of the total HYPE supply, with a vesting schedule of 24 months starting in January 2026 [3][7] - Monthly releases will amount to about 1.2 million tokens, with all future team unlocks occurring on the sixth day of each month to ensure predictability [3] Market Impact and Valuation - The current market value of the monthly unlock, at prices between $26 and $28, is estimated to be around $30–33 million, representing about 0.3% of HYPE's total supply of 420 million tokens [4] - Previous unstaking events, such as the one in November 2025 involving 2.6 million HYPE tokens, resulted in significant sell pressure and a 17% decline in price [5] Mitigation Strategies - Hyperliquid has executed buybacks totaling approximately 1.9 million tokens to absorb a large portion of the newly available supply [6] - Recently, governance approved the burn of roughly 37 million HYPE tokens, nearly 13% of the circulating supply, to counterbalance inflation and strengthen long-term token economics [8]

LATEST: 🗳️ The Hyper Foundation is proposing a validator vote to formally recognize the roughly $1 billion worth of HYPE tokens held in the protocol's Assistance Fund as burned, excluding them from the circulating supply. https://t.co/cnBAwM9Vwz ...

According to MLM, HYPE treasury company Hyperliquid Strategies has transferred 12 million HYPE tokens to Hypercore, valued at $411 million, accounting for 1.2% of the total supply and 3.54% of the circulating supply. The company has also begun staking, with a total of 425k HYPE (approximately $14.5 million) transferred to the staking balances of three wallets. https://t.co/Dvi2qBvi79 ...

Merger & Acquisition - Sonnet BioTherapeutics merged with Hyperliquid Strategies Inc [1] Digital Asset Treasury - Established a Digital Asset Treasury of HYPE [1] - $888 million (百万) is committed to the reserve [1] - 65% of the committed funds are in HYPE tokens [1] - Approximately 35% of the committed funds are in USD (美元) [1] Corporate Governance - A shareholder vote was passed to officially establish the reserve [1]

The Hyperliquid team confirmed that 1.75 million HYPE tokens were unlocked on Saturday for developers and core contributors, worth over $60.4 million at current prices. According to Hyperliquid developer iliensinc, the unlock is part of the project’s predefined vesting schedule and was announced in advance. For comparison, around 270 million tokens were fully unlocked on Nov. 29, 2024 — equivalent to about $9.5 billion at today’s market value. Hyperliquid has never raised external capital, so there are no i ...

LATEST: ⚡ Hyperliquid will release $314 million worth of HYPE tokens on Saturday in a cliff unlock, with BitMEX co-founder Arthur Hayes cautioning that the event could introduce unavoidable selling pressure. https://t.co/iVH28nb2oZ ...

hyperliquid's hip-3 lets you stake 500k hype tokens to create your own perp market and capture trading fees. projects paying binance $2m for a futures listing when they could stake $20.5m in hype, keep the tokens, and collect fees forever. hype up 152% since buybacks started, every other perp dex down 36-58%. that 500k staking requirement per market creates the supply shock nobody sees coming. ...

Core Insights - Hyperliquid has launched its HIP-3 network upgrade, enabling developers to create their own perpetual decentralized exchanges (perp DEXs) without needing centralized approval, marking a significant structural change in the protocol [1][3] - The upgrade allows qualified developers to deploy perpetual contract markets by staking 500,000 HYPE tokens, which acts as a bond and a safeguard against spam [1][2] Developer Incentives - Builders are required to provide their own liquidity, oracles, and front-end interfaces, and in return, they can earn up to 50% of trading fees from the markets they create, promoting on-chain innovation [2] Decentralization and Market Creation - HIP-3 fully decentralizes the process of listing new perpetual markets, allowing deployers who meet on-chain requirements to start trading once ready [3] - The upgrade is designed to lower entry barriers for new projects while ensuring system integrity, enabling builders to test new markets efficiently and safely [4] Competitive Positioning - The upgrade positions Hyperliquid as a competitor to centralized exchanges (CEXs), which have been criticized for high listing costs, with some developers highlighting fees ranging from 2% to 9% of a token supply [5] - HIP-3 introduces a transparent, on-chain framework for market creation, requiring only the 500,000 HYPE stake, contrasting with the substantial fees demanded by CEXs [5] Infrastructure and Performance - HIP-3 integrates with HyperEVM to support smart contracts, governance, and security features, including validator slashing and open interest caps [4] - The upgrade allows market makers to utilize shared infrastructure through HyperCore, facilitating high-performance order matching and sub-second trade finality, leading to scalable and interoperable trading [6]

one of the biggest mistakes i have made this cycle was refusing to farm airdrops on high-potential protocolsi mostly did this because i felt it wasn't worth my time, but that has been a very costly mistake in hindsightsome numbers that put things in perspective:- average early Hyperliquid user got airdropped 2,915.66 $HYPE tokens = $136,161.322 today- one user got airdropped 970,000 $HYPE = $65.7 million today- many users got airdropped what is worth 7 figures nowi had every opportunity to farm HYPE at the ...

Core Insights - David Knox, former executive at PayPal, has been appointed as the Chief Financial Officer of Hyperion DeFi, a firm focused on digital asset treasury [1][2][3] Company Overview - Hyperion DeFi is dedicated to acquiring HYPE tokens, the native cryptocurrency of the rapidly growing decentralized exchange, Hyperliquid [2] - The firm has recently completed a $10 million acquisition, increasing its total holdings to 1,712,195 HYPE tokens valued at approximately $79 million, with HYPE priced at $46.09 [4] - Hyperion's treasury, with an unrealized profit of about $13.4 million, is currently the largest of its kind, surpassing Lion Group Holding's holdings [4] Industry Trends - The concept of crypto treasuries is gaining traction among institutional investors, with firms looking to acquire significant amounts of altcoins such as Ethereum, Solana, and Binance Coin [5][7] - Hyperion, previously known as Eyenovia, has transitioned from a pharmaceutical focus to a digital asset treasury model, reflecting a broader trend of companies rebranding or launching new entities for digital asset treasury ambitions [8]