Hyperion DeFi to Deploy 500,000 HYPE for HIP-3 Markets

Nasdaq-listed Hyperion DeFi announced Wednesday it will deploy 500,000 Hyperliquid (HYPE) tokens to support institutional perpetual futures markets listed through Hyperliquid’s HIP-3 framework. The agreement grants Hyperion an equity stake in Skew Technologies and a share of listing-service revenue.

Under the deal, Skew Technologies will use the deployed HYPE as bonded capital to back permissionless HIP-3 listings on Hyperliquid, enabling institutional clients to launch custom perpetual futures markets on the layer-1 exchange.

HIP-3 lets market creators post HYPE as collateral for permissionless listings. Perpetual futures are derivative contracts without a fixed expiry that allow traders to hold long or short positions while funding payments maintain exposure.

The 500,000 HYPE deployment will act as bonded capital to support liquidity and settlement for newly listed perpetual markets, providing market backing apart from standard token staking.

Hyperion’s equity stake in Skew and the revenue share link the token’s economics to Skew’s listing operations. The companies did not disclose the size of the equity stake or further financial terms beyond the token amount and revenue-sharing arrangement.

The partnership is intended to simplify the launch and distribution of specialized derivatives markets by institutional teams using Hyperliquid’s infrastructure.

Hyunsu Jung, chief executive officer of Hyperion DeFi, commented, “As we assessed opportunities in HIP-3, we continued to receive demand from various teams globally seeking to launch and distribute new markets using Hyperliquid’s infrastructure.”

Hyperion has positioned HYPE as a utility token within Hyperliquid’s market-creation protocols. The HIP-3 framework allows market developers to bootstrap markets with bonded HYPE rather than relying solely on traditional liquidity providers or centralized listing processes.