Hyperliquid Unstakes $31M HYPE Tokens – Is this the Plot Twist? 🚀💸

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Key Highlights (or Why Your Crypto Coffee Just Got Cooler)

  • Hyperliquid Labs is unstaking 1.2 million HYPE tokens-because apparently, even crypto teams need a little liquidity to buy lattes or… something shiny.
  • One tiny detail: their revenue has been doing a somersault, plunging from a glorious $16 million some weeks ago to a more modest, coffee-fueled $9 million. ☕️💰
  • Oh, and they still dominate in open interest with around 45%, but when it comes to 24-hour trading volume? They’re trailing behind Aster and Lighter-basically the tortoise in a hare race. 🐢🏁

In what can only be described as crypto’s version of “Let’s Show the Team the Money,” Hyperliquid Labs is unstaking 1.2 million HYPE tokens, worth a cool $31.2 million, just in time for what’s shaping up to be the crypto equivalent of a birthday party. 🎉

This grand token unwrapping will happen on January 6, 2026-mark your calendars or just remember that Hyperliquid is still playing the transparency card in a deck full of shady deals. `Because who doesn’t love a little openness with their tokens?`

Hyperliquid boss Iliensinc, fresh from Discord, casually dropped the news that these tokens are heading to the team’s wallets like a holiday gift that keeps on giving (or taking, depending on the market mood). Over 240 million tokens are still doing the staked samba-presumably waiting for their turn to boogie out.

Crypto data snapshot

Earlier that chilly December, the validators kissed goodbye to approximately 37 million HYPE tokens-roughly $1 billion-burned like last year’s New Year’s resolutions. The move shrinks supply and boosts community confidence, or at least that’s the hope. Who doesn’t love a bit of deflationary dust in their crypto brownies?

2025: The Year Hyperliquid Tried to Be a Big Deal (and Mostly Was)

By the end of 2025, Hyperliquid was flexing its muscles with a trading volume of $3.35 trillion-if you think that’s a lot, wait until you hear that revenue hit $848 million and TVL reached a staggering $4.15 billion. Over 600,000 people joined the DeFi party, making it arguably the most profitable club this side of the blockchain. 💼💸

But alas, as with most things glamorous, December brought a dip-a quarter revenue drop from $302 million to $281 million, which is almost like realizing that your fancy lattes now cost a dollar more. And weekly revenue? Just a humble $9.16 million-good enough for a pity clap. 👏

Hyperliquid performance chart

So, is the perp DEX hype dying down or just taking a little nap? The trend is shifting, but Hyperliquid still holds the crown for open interest with nearly half the market-because why share when you can dominate, right? 🏆

Among competitors, Aster and Lighter are throwing curveballs with zero fees and multi-chain support, but Hyperliquid’s got its own secret sauce-real revenue, thanks to its 99% fee buyback model, creating what financial folks call a “flywheel effect” (or just a fancy way of saying “more money going round”).

Current numbers show Aster leading in 24-hour volume, but Hyperliquid remains king of open interest with a whopping $7.755 billion. Because let’s face it, in crypto, size does matter-and so does strategy.

What’s Next? Probably More Tokens, Less Sleep

Future plans include ecosystem expansion, full HIP-3 permissionless markets (because why not make staking more complicated?), and possible mobile or cross-chain magic. Looks like Hyperliquid is gearing up for another rollercoaster ride in 2026, probably with more tokens, maybe some new products, and definitely more sleepless nights. 💤

The HYPE token, which once soared to $59 in its glory days, now lounges around $26-kind of like your favorite band after a long tour, still breathing but definitely not as high as before. But hey, resilience is the new black, right?

As Hyperliquid keeps unlocking tokens and trying to stay ahead in the fierce contest of decentralized futures, you might want to grab some popcorn-and maybe a calculator.

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2025-12-29 11:17