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Hyperion DeFi to deploy 500K HYPE for Hyperliquid HIP-3 markets

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 16 Views

Hyperion DeFi to deploy 500K HYPE for Hyperliquid HIP-3 markets

The deal gives Hyperion an equity stake in Skew and a share of listing-service revenue as it expands the utility of its HYPE treasury assets.

Nasdaq-listed Hyperion DeFi said it entered an agreement with Skew Technologies to deploy 500,000 Hyperliquid (HYPE) tokens to support institutional perpetual futures markets on Hyperliquid’s HIP-3 permissionless listings.

Under the agreement, Hyperion will receive an equity stake in Skew and a share of listing-service revenue generated from the platform, according to a Wednesday press release.

The companies said the service is designed to help institutional clients launch custom perpetual futures markets on Hyperliquid.

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