Hyperion DeFi provides 500K HYPE to Skew for futures

Hyperion DeFi, a Nasdaq-listed digital asset treasury company, has deployed 500,000 staked HYPE tokens, valued at approximately $33.6 million, to Skew Technologies to launch new institutional perpetual futures markets on the Hyperliquid blockchain. The agreement, announced on July 15, 2026, provides Skew with the collateral required to operate under Hyperliquid's HIP3 framework in exchange for equity and a share of future revenues for Hyperion.

The deal is structured through Hyperion's HYPE Asset Use Service (HAUS). Hyperliquid's HIP3 protocol, launched on October 13, 2025, allows any entity to create custom perpetual futures markets by posting a bond of 500,000 staked HYPE tokens. Instead of using its own substantial treasury-reportedly holding around 2 million HYPE tokens-to launch a market directly, Hyperion is lending the necessary bond to Skew. In return, Hyperion receives an ownership stake in Skew and a revenue share from its listing services. Company officials described the revenue model as having both fixed and scaling components, providing a baseline income stream independent of trading volume.

Skew Technologies, founded by institutional trading veterans, plans to use...