Hyperion DeFi Deploys 500K HYPE to Skew for Hyperliquid Perps Markets

HYPE2.16%
According to a statement announced Wednesday (July 15), Hyperion DeFi (HYPD), a Nasdaq-traded company holding a large treasury of HYPE tokens, entered into a HYPE Asset Use Service (HAUS) agreement with Skew Technologies. Hyperion will deploy 500,000 staked HYPE tokens to Skew with an approximately $33.59 million asset deployment to support new institutional perpetual futures products on Hyperliquid's HIP-3 permissionless markets. In return, Hyperion will receive equity in Skew and a share of revenues from the market listing service. "Support from Hyperion DeFi provides us with the infrastructure and long-term alignment to innovate," said Skew founder David Gil.
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