FILTERED RESULTS
FILTERS
Ads Top
DARK MODE
CHART
MCap $2.7T +3.7%24h Vol $84.2B +59%Fear & Greed 57/100Alts Index 27/100
BTC.D 58.7% -0.3%Stable.D 9.8% -0.3%ETH.D 11.5% -0.1%Others.D 20.0% +0.7%
BR$0.5024+93.84%CAP$0.0582+23.47%SENT$0.0164+13.7%ZCAT$0.1092+13.63%UB$0.1360+13.62%PENDLE$2.364+11.04%PONS$0.6203+9.79%NPC$0.0220+9.53%B$0.2378+9.23%NEAR$2.535+8.7%
LSK$0.4280-28.45%STONK$0.1954-25.23%MINA$0.0821-17.17%牛来$0.1059-13.02%FF$0.1266-11.93%MARSCOIN$0.0921-10.43%MET$0.2185-6.35%XTZ$0.2737-5.01%AI$0.2382-4.46%APEPE$0.00000124-4.24%
Top movers 24h
    Filters
      Coins
      Sentiment
      Impact
      Search
      FILTERED RESULTS

        

      Upgrade your plan
      Dashboard

      HyperLabs Completes Redemption of 433,000 HYPE Tokens

      HyperLabs has successfully redeemed 433,000 HYPE tokens, valued between $36 million and $38 million, following a standard 7-day unstaking period that began on August 30. This redemption aligns with the team's established monthly pattern for managing staking rewards derived from their substantial token holdings.

      The company currently holds approximately 241 million HYPE tokens, generating daily staking rewards of around 14,400 HYPE, which equates to roughly $1.26 million. Over the course of a month, these rewards accumulate to over 400,000 HYPE, prompting the team to unstake a portion that corresponds to their staking income.

      Previous redemptions, including those around August 7 and 8, followed a similar strategy, with tokens routed through Flowdesk to centralized exchanges such as OKX and Bybit. This routing ensures adequate liquidity to handle large token flows without significant price impact. Additionally, portions of the redeemed HYPE tokens have been converted into USDC stablecoins, enhancing liquidity management within the ecosystem.

      HYPE serves as the native token for staking, transaction fees, and governance in the Hyperliquid ecosystem. The platform's buyback-and-burn mechanism, funded by trading fees, further stabilizes the token's value by reducing its circulation. Core contributor allocations are also subject to vesting schedules extending into 2027, providing predictability regarding token availability in the market.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud