Hyperion DeFi Q2 net profit increased to 31 million USD, HYPE holdings value rose to 133 million USD

According to The Block, Hyperliquid's treasury company Hyperion DeFi achieved a net profit of $31 million in the second quarter, setting a historical high, more than doubling from $8.8 million in the previous quarter, and compared to a net loss of about $9 million in the same period last year. The total value of the company's HYPE holdings increased from $71 million at the end of Q1 to $133 million.

Hyperion's CEO stated that the company not only significantly increased its HYPE reserves but also launched several scalable businesses and new products on Hyperliquid while continuously reducing costs. The company announced a partnership with HIP-3 deployer Entropy, committing to stake 500,000 HYPE, and pledged another 500,000 HYPE to Skew Technologies to support the HIP-4 outcome market. At the end of the quarter, the company held approximately 2 million HYPE, and the stock price rose about 5% in after-hours trading.