News linked to both this project and an event.
Odaily reports, according to Lookonchain monitoring, trader 0x26b6 accumulated losses of approximately $637,000 in PaperTrade trading. The trader incurred trading losses of about $1.71 million while receiving 136 million $PAPER token rewards. Additionally, the trader earned approximately $1.07 million in USDC rewards through staking, of which $943,000 has been claimed, with about $130,000 still pending. After combining trading losses and reward earnings, 0x26b6's net loss amounts to approximately $637,000.
On-chain analyst The Data Nerd (@OnchainDataNerd) has observed that HyperLabs is consistently transferring its $HYPE staking rewards—recently redeeming 433,000 $HYPE (approximately $38.14 million) and distributing them to 11 addresses after the unlock. It is reported that the team currently withdraws over 400,000 $HYPE monthly, which closely aligns with its monthly staking rewards. Its holdings of 241 million $HYPE generate approximately 14,400 $HYPE (around $1.26 million) in staking yields per day.