Hyperion DeFi Deploys 500K HYPE Tokens on Hyperliquid's HIP-3 Listings

Hyperion DeFi has partnered with Skew Technologies to deploy 500,000 Hyperliquid (HYPE) tokens on Hyperliquid's HIP-3 permissionless listings. This move aims to support institutional perpetual futures markets.

The agreement grants Hyperion an equity stake in Skew and a share of listing-service revenue generated from the platform. According to Hyunsu Jung, CEO of Hyperion DeFi, 'As we assessed opportunities in HIP-3, we continued to receive demand from various teams globally seeking to launch and distribute new markets using Hyperliquid's infrastructure.'

HYPER is a layer-1 blockchain focused on perpetual futures trading. Its HIP-3 framework allows developers to launch custom perpetual markets by posting HYPE as bonded capital.