Hyperion DeFi to deploy 500K HYPE for Hyperliquid HIP-3 markets
Summary
Hyperion DeFi, a Nasdaq-listed company, signed an agreement with Skew Technologies to deploy 500,000 HYPE tokens to support institutional perpetual futures markets on Hyperliquid’s HIP-3 permissionless listings. In return, Hyperion will receive an equity stake in Skew and a share of revenue from listing services. The service is intended to help institutional clients launch custom perpetual futures markets using Hyperliquid’s infrastructure. HIP-3 allows developers to create new perpetual markets by posting HYPE as bonded capital, expanding the token’s utility beyond staking. Hyperliquid is a layer-1 blockchain centered on perpetual futures trading.
