{"id":47934,"date":"2026-07-16T11:50:13","date_gmt":"2026-07-16T11:50:13","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=47934"},"modified":"2026-07-16T11:50:13","modified_gmt":"2026-07-16T11:50:13","slug":"hyperion-defi-backs-skew-with-500k-hype-on-hyperliquid","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=47934","title":{"rendered":"Hyperion DeFi backs Skew with 500K HYPE on Hyperliquid"},"content":{"rendered":"

On Wednesday, Hyperion DeFi (NASDAQ: HYPD) announced that it will lend 500,000 staked HYPE tokens<\/a> worth about $33.6 million to Skew Technologies with the purpose of putting up the collateral that Hyperliquid needs to open new institutional futures markets. The deal underlines the potential of public crypto treasury companies to start making money from rented tokens instead of letting them sit idle.<\/strong><\/p>\n

This seems to be the case. Hyperliquid\u2019s HIP-3 framework, which came into play in October 2025, allows teams to set up their custom perpetual futures markets as long as they deposit a bond worth 500,000 HYPE tokens. Hyperion is in possession of around 2 million HYPE tokens. However, instead of using the tokens to set up a market by itself, it plans on lending the necessary bond in order for Skew to manage the business. Hyperion describes itself as a \u201cbonded-capital layer\u201d for HIP-3 listings.<\/p>\n

Hyperion monetizes HYPE holdings<\/strong><\/h3>\n

The arrangement is carried out through Hyperion\u2019s HYPE Asset Use Service (HAUS)<\/a>. In return for putting forth the collateral, Hyperion acquires an ownership stake in Skew and a revenue share from the listing service. The company stated that the revenue-sharing model consists of both fixed and scaling components that are not tied to volume of transactions, thus providing Hyperion with a stable revenue stream regardless of how active the market becomes.<\/p>\n

Skew, which was formed by institutional trading veterans, is set to launch perpetual futures for its professional clients before moving on to develop outcome-based HIP-4 markets. Founder David Gil said that Hyperion\u2019s support gives them \u201cthe infrastructure and long-term alignment to innovate,\u201d going on to explain that Skew is in a unique position to introduce \u201ca new class of markets\u201d to Hyperliquid.<\/a> The companies did not say what markets Skew is set to launch, something which has been reported by The Block as well.<\/p>\n

\n

We are re-entering Hyperliquid\u2019s HIP-3 markets PLUS establishing a new institutional listing service to grow the products and markets offered on Hyperliquid.<\/p>\n

This deal is the essence of @HyperionDeFi<\/a>\u2019s Triple-Dip strategy, and demonstrates how we are beyond a DAT and are more\u2026<\/p>\n

\u2014 Dave Knox (@dknox_hypd) July 15, 2026<\/a><\/p><\/blockquote>\n

Hyunsu Jung, CEO of Hyperion, stated that this collaboration reflects the increasing interest of teams that want to set up their marketplaces based on Hyperliquid. Dave Knox, finance head of Hyperion, claimed through a post on X that the setup is part of the so-called \u201cTriple-Dip strategy\u201d of the company and that it indicates Hyperion has evolved \u201cbeyond a DAT,\u201d or digital-asset treasury.<\/p>\n

How the model mirrors traditional finance<\/strong><\/h3>\n

The framework bears a similarity to that of traditional trading systems. Providers of capital typically adhere to listing or collateral norms while individual companies conduct the trades. Hyperion intends to apply this very model on-chain by differentiating funding from services of the market and sharing in the profits.<\/p>\n

The strategy also leverages Hyperion\u2019s recent change in focus. In June 2026, the corporation terminated similar HAUS deals with Felix and Native Markets following the obsolescence of their HIP-3 product line, which depended on Hyperliquid\u2019s now-defunct stablecoin, the USDH. Hyperliquid has since replaced the USDH for settling trade deals with Circle\u2019s USDC, increasing its attractiveness. The company has also entered into HAUS contracts with other companies like Silhouette, backed by RockawayX, according to The Block.<\/p>\n

The potential market is sizable. During its first-quarter 2026 earnings call, Hyperion said HIP-3 markets accounted for nearly half of Hyperliquid\u2019s daily trading volume. The company also disclosed that more than 45 million HYPE tokens had been bought back and sequestered using network trading fees. Hyperion reported record first-quarter net income of $8.8 million and raised its full-year adjusted gross profit guidance to between $5 million and $7 million.<\/p>\n

There are still uncertainties. Hyperion\u2019s financial outlook remains promising, Skew still has not announced which markets it plans to enter, and Hyperliquid is still unavailable in the United States, where CME Group and Intercontinental Exchange are pushing the Commodity Futures Trading Commission to tighten regulation. However, the key question now is whether Skew\u2019s markets will gain traction and whether other crypto treasury companies will follow Hyperion\u2019s example in using token reserves as income-generating infrastructure.<\/p>\n

The smartest crypto minds already read our newsletter. Want in? Join them<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

On Wednesday, Hyperion DeFi (NASDAQ: HYPD) announced that it will lend 500,000 staked HYPE tokens worth about $33.6 million to Skew Technologies with the purpose of putting up the collateral that Hyperliquid needs to open new institutional futures markets. The deal underlines the potential of public crypto treasury companies to start making money from rented […]<\/p>\n","protected":false},"author":1,"featured_media":47935,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[],"tags":[],"class_list":["post-47934","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"\nHyperion DeFi backs Skew with 500K HYPE on Hyperliquid - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=47934\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hyperion DeFi backs Skew with 500K HYPE on Hyperliquid - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"On Wednesday, Hyperion DeFi (NASDAQ: HYPD) announced that it will lend 500,000 staked HYPE tokens worth about $33.6 million to Skew Technologies with the purpose of putting up the collateral that Hyperliquid needs to open new institutional futures markets. 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