The post HYPE News: Hyperliquid Unlocks 1.75M HYPE Tokens Worth $60M appeared on BitcoinEthereumNews.com.

Hyperliquid unlocked 1.75 million HYPE tokens, valued at over $60 million, for core contributors. This follows a predefined vesting schedule. The Hyperliquid team confirmed that 1.75 million HYPE tokens were unlocked on Saturday. These tokens were for developers and core contributors. At present values, they are worth more than $60.4 million. According to the Hyperliquid developer, the unlock is part of the project’s predetermined vesting schedule. It was, moreover, announced beforehand. Hyperliquid Releases HYPE Tokens for Core Contributors On November 29, 2024, about 270 million tokens were unlocked completely. This is worth approximately $9.5 billion at the current market value. Hyperliquid has never received any external capital. Therefore, no investor unlocking or selling pressure associated with them. Related Reading: Crypto News: $90M in HYPE Tokens Moved as Hyperliquid Rises in Network Rankings | Live Bitcoin News Hyperliquid has unlocked 1.75 million HYP tokens. These are worth more than $60 million at this time. They are for its developers and core contributors. This is part of a pre-defined vesting schedule. This event will happen on Saturday, November 30th, 2025. These tokens are distributed to the core contributors and developers. This is according to the vesting schedule set down for the project. This unlock is a part of a series of scheduled releases. It is occurring after the token generation event (TGE) in Nov 2024. It is a relatively small percentage of the overall supply. Larger vesting events are anticipated for 2027-2028. Buyback Mechanism Mitigates Unlock Selling Pressure The Hyperliquid team confirmed that the unlock was announced in advance. This is to reduce possible fears of immediate selling pressure. The platform uses a strong buyback mechanism. It uses more than 93% of its protocol revenue for repurchasing HYPE tokens. This, historically, has helped to stabilise the price during unlock events.    …

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Filed under: News - @ November 30, 2025 4:17 pm