Hyperion DeFi to unwind $29 million in HYPE deals with Felix, Native Markets as USDH sunsets
Hyperliquid digital asset treasury firm Hyperion DeFi is unwinding HYPE deployment agreements with Felix Foundation and Native Markets following the USDH stablecoin’s announced sunset, per a Friday 8-K filing.The assets associated with the two deals were worth a combined $28.7 million as of March 31.Roughly 800,000 HYPE will end up returning to the company’s treasury for redeployment to “more profitable” strategies.
2026-06-07 03:40:00