Soon, all of CT will begin to FUD HYPE's team unlocks. Here are the facts: - Cliff will end November 29th, 2025 - Vesting duration varies from 2 - 4+ years long
These tokens are currently staked. I expect most to stay staked even when tranches begin unlocking.
During the next network upgrade, there will be a couple changes. The first one seems to be irrelevant to those not MMing, while the other is an intriguing change.
Changing the verbiage to not assume the quote asset is USDC implies new collateral options incoming.
The HL ecosystem is getting a lot of institutional activity this week!
iHYPE, a dedicated institutional facing LST product, has been announced from Kinetiq in collaboration with IMC and Flowdesk. It would not surprise me to see EYEN use iHYPE for their treasury.
With the CoreWriter contract elevated to mainnet level bug bounty payouts, I think we can expect deployment in the next 2-3 weeks depending on the results of the final stages of testing.
This would be the unlock needed for differentiated HyperEVM products.
In just one week, we really went from: - Tony G buying $400k HYPE - An ophthalmic tech company in the process of securing funding for a $50m HYPE buy - A trading platform securing $600m credit line for a crypto treasury fund with HYPE as the primary reserve asset
Despite the ongoing geopolitical events the past 24 hours causing uncertainty within the markets, HYPE has quietly just made a new all-time high daily candle close.
MoM buybacks: +63% growth (May - $67.6m; April - $41.5m)
The triple threat of increased platform usage (thank you James Wynn), market volatility due to new BTC ATH, and the new fee schedule made May an ATH in fee generation.
In a few days HL's margin tiers will go into effect, lowering the max leverage allowed for large positions on a per ticker basis. James Wynn will reduced to 20x leverage on his large BTC longs, for example.
HYPE and FARTCOIN got a leverage increase to 10x too!
Remember when people called the top on HYPE after Bloomberg and CNBC both mentioned Hyperliquid by name as a revenue generating business with underlying fundamentals?
It actually turned out to be a capitulation event from those that were sidelined and watching HYPE.