Hyperion DeFi to unwind $29M in HYPE deals with Felix, Native Markets as USDH sunsets

HYPE

HYPE/USDT

$94.29

+2.49%

$94.29

+2.49%

(24s)

24h Volume

$1,088,379,156.16

24h H/L

$94.88 / $90.66

Change: $4.22 (4.65%)

Funding Rate

+0.0046%

Longs pay

Data provided by COINOTAG DATALive data

HYPE

Daily

$93.30

▲ 1.27%

Volume (24h): -

Resistance Levels

Resistance 3$95.7688

Resistance 2$94.88

Resistance 1$94.4261

Price$93.30

Support 1$92.272

Support 2$91.1411

Support 3$90.2333

Pivot (PP):$92.5567

Trend:Sideways

RSI (14):0.0

The Block Editorial

(07:40 PM UTC)

1 min read

Reviewed byJames Mitchell

0 comments

Hyperion DeFi (NASDAQ: HYPD), the first U.S. publicly listed Hyperliquid treasury company, is winding down two of its largest HYPE token deployment agreements in the wake of stablecoin USDH's announced sunset, according to an 8-K filed after market close on Friday.

On Friday, the Dallas-based company agreed with Felix Foundation, a lending protocol on Hyperliquid, to wind down a HYPE Asset Use…