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

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

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Hyperion DeFi is unwinding $29 million in HYPE deals with Felix and Native Markets as USDH sunsets, returning roughly 800,000 HYPE to its treasury for redeployment to more profitable strategies, according to a Friday filing. This move aims to optimize Hyperion's assets and potentially boost its market value, reflecting the company's adaptability in the rapidly evolving DeFi landscape.

Roughly 800,000 HYPE will return to the company's treasury for redeployment to "more profitable" strategies, per a Friday filing.