Business UpdateJun 5, 2026, 04:37 PM
Hyperion DeFi Terminates Key Agreements; Repositions 800K HYPE Tokens
AI Summary
Hyperion DeFi, Inc. announced the termination of its Temporary Use Agreement with Native Markets, Inc., effective June 18, 2026, following Native Markets' decision to cease supporting the USDH stablecoin. As a result, 300,000 HYPE tokens, valued at approximately $10.4 million as of March 31, 2026, were un-staked and returned to Hyperion DeFi. Additionally, the company agreed with Felix Foundation to wind down their HAUS Agreement, anticipating the un-staking of 500,000 HYPE tokens, valued at approximately $18.3 million as of March 31, 2026, by June 29, 2026. Hyperion DeFi intends to reposition these approximately 800,000 HYPE tokens into strategies expected to be more profitable.
Key Highlights
- Native Markets terminated Temporary Use Agreement, effective June 18, 2026.
- 300,000 HYPE tokens from Native Markets agreement un-staked and returned on June 3, 2026.
- Native Markets assets valued at approximately $10.4 million as of March 31, 2026.
- Agreed with Felix Foundation to wind down HAUS Agreement for HIP-3 perpetual futures market.
- 500,000 HYPE tokens from Felix agreement to be un-staked by June 22, 2026.
- Felix HAUS Agreement assets valued at approximately $18.3 million as of March 31, 2026.
- Company plans to reposition approximately 800,000 HYPE tokens for future profitability.
Price Impact
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