News linked to both this project and an event.
Odaily News: HyperliquidNews posted on platform X, stating that Kraken has announced the listing of Wrapped HYPE on its Layer 2 network INK, with the token named kHYPE, which could easily be confused with a token of the same name launched by Kinetiq.
Odaily News – HyperliquidNews posted on X platform that Kinetiq has published an article introducing Elysium. Elysium will use HYPE as its network gas token and will connect with Hyperliquid's HyperEVM and HyperCore. Kinetiq stated that Elysium will enhance transaction processing performance and throughput, supporting Hyperliquid spot trading, PropAMM deployments, and native oracle functionalities based on Hyperliquid data. The article states that Elysium will provide a high-performance EVM environment, supporting token launches from long-tail AMMs, integration with PropAMM, creation of HyperCore spot order books, and perpetual contract deployments via HIP-3. Elysium's sequencer fee allocation plan is as follows: 25% allocated to developer incentives, 25% to the Kinetiq treasury, and 50% used for programmatic KNTQ purchases on the open market, with the purchased KNTQ sent to the Hyperliquid Assistance Fund for burning. Kinetiq stated that Elysium will launch soon, with technical specifications for developers and traders to be released in the near future. At launch, its throughput and performance will exceed that of HyperEVM.
Odaily Odaily, Nasdaq-listed HYPE treasury company Hyperion DeFi released its Q1 financial report, disclosing a Q1 net profit of $8.8 million, an improvement from a net loss of $39.8 million in Q4 2025. Since the end of Q1, it has increased its holdings by approximately 60,000 HYPE tokens. Currently, its HYPE token holdings have exceeded 2 million, and its validator node has been delegated 10.2 million HYPE, ranking among the top six validators, second only to the Hyperliquid Foundation. In addition, the company holds 1.92 million KNTQ tokens and 10 million HPL tokens. (Globenewswire)
Hyperion DeFi (NASDAQ: HYPD), a Nasdaq-listed company, released its first-quarter financial results for the period ended March 31, 2026. The report shows the company achieved a record net profit of $8.84 million for the quarter and an adjusted EBITDA of $19.49 million. As of May 11, its treasury held over 2 million HYPE tokens, 1.92 million KNTQ tokens, and 10 million HPL tokens.