Hyperion DeFi Announces Receipt of Kinetiq Airdrop, Partnership with Native Markets, and Purchase of 150,000 Additional HYPE

Rhea-AI Summary

Hyperion DeFi (NASDAQ: HYPD) reported multiple DeFi treasury and partnership updates on December 4, 2025: receipt of 1,918,478.78 KNTQ from a Kinetiq token generation event, a recorded KNTQ price of $0.145 on Hyperliquid as of 12:00 AM UTC December 3, 2025, and the right to stake 28,888 HYPE in Markets by Kinetiq (deployment expected December 8) to earn 10% proportional fee revenue. The company allotted 300,000 HYPE to Native Markets to promote USDH adoption and purchased 150,000 HYPE, bringing total holdings to 1,862,195 HYPE. Management reiterated Q4 adjusted revenue growth guidance of 31%–43% QoQ and expects positive operating cash flow in 2026.

Positive

• Received 1,918,478.78 KNTQ in airdrop
• KNTQ recorded price of $0.145 on Hyperliquid (Dec 3, 2025)
• Right to stake 28,888 HYPE earning 10% of proportional fee revenue
• Allocated 300,000 HYPE to Native Markets for USDH support
• Purchased 150,000 HYPE, totaling 1,862,195 HYPE holdings
• Reiterated 31%–43% QoQ adjusted revenue growth expectation for Q4

Negative

• KNTQ trading history is new and is expected to be volatile

News Market Reaction

+9.97%

19 alerts

+9.97% News Effect

+8.3% Peak in 1 hr 6 min

+$3M Valuation Impact

$33M Market Cap

1.2x Rel. Volume

On the day this news was published, HYPD gained 9.97%, reflecting a notable positive market reaction. Argus tracked a peak move of +8.3% during that session. Our momentum scanner triggered 19 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $3M to the company's valuation, bringing the market cap to $33M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

KNTQ airdrop received: 1,918,478.78 KNTQ KNTQ trading price: $0.145 HYPE to Markets by Kinetiq: 28,888 HYPE +5 more

8 metrics

KNTQ airdrop received 1,918,478.78 KNTQ Kinetiq token generation event on November 27, 2025

KNTQ trading price $0.145 Recorded on Hyperliquid at 12:00 AM UTC, December 3, 2025

HYPE to Markets by Kinetiq 28,888 HYPE Staking allocation with right to earn proportional fee revenue

Fee revenue share 10% Proportional fee revenue on market activity in Markets by Kinetiq

HYPE to Native Markets 300,000 HYPE Allocated to support USDH stablecoin adoption

Additional HYPE purchased 150,000 HYPE New purchase to support DeFi deployment

Gross HYPE holdings 1,862,195 HYPE Total company HYPE holdings after latest purchase

Q4 adjusted revenue growth 31%–43% QoQ Management guidance reaffirmed with today’s announcement

Market Reality Check

Price: $4.14 Vol: Volume 108,824 is below t...

low vol

$4.14 Last Close

Volume Volume 108,824 is below the 20-day average of 313,996, indicating muted trading interest ahead of this update. low

Technical Shares at $3.78 are trading below the 200-day MA of $7.90, reflecting a longer-term downtrend.

Peers on Argus

HYPD was up 1.86% while key biotech peers were flat to down (e.g., VANI -6.08%, ...

HYPD was up 1.86% while key biotech peers were flat to down (e.g., VANI -6.08%, PRLD -1.21%, MGX -2.25%), suggesting a stock-specific reaction rather than a sector-wide move.

Historical Context

5 past events · Latest: Dec 04 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 04	DeFi partnerships update	Positive	+10.0%	Kinetiq airdrop, Native Markets deal and 150,000 HYPE purchase announced.
Nov 13	Earnings results	Positive	-7.8%	Record Q3 net income of $6.6M and strong HYPE treasury metrics.
Nov 03	Earnings call schedule	Neutral	-8.6%	Announcement of timing and access details for Q3 2025 earnings call.
Oct 29	Felix partnership	Positive	-11.9%	Strategic Felix partnership using 500,000 HYPE for HIP-3 futures market.
Sep 29	CFO appointment	Positive	+7.0%	Appointment of David Knox as CFO with capital markets background.

Pattern Detected

Recent history shows mixed reactions: strategic DeFi and management updates sometimes produced strong gains but earnings and partnership news have also seen notable selloffs.

Recent Company History

Over the last several months, Hyperion DeFi reported key milestones including a CFO appointment on Sep 29, a Felix HAUS partnership on Oct 29, and Q3 2025 results with record net income of $6.6M and net asset value of $74.5M. The company has steadily expanded HYPE deployments and validator activities. Today’s announcement adds a Kinetiq airdrop, new staking rights, a Native Markets partnership, and a 150,000 HYPE purchase, reinforcing its DeFi-treasury strategy and previously issued Q4 growth and 2026 cash-flow targets.

Regulatory & Risk Context

Active S-3 Shelf · $1,000,000,000

Shelf Active

Active S-3 Shelf Registration 2025-11-17

$1,000,000,000 registered capacity

An effective Form S-3 shelf filed on 2025-11-17 allows Hyperion DeFi to offer up to $1,000,000,000 in various securities, including an ATM program for up to $500,000,000 of common stock. With 0 recorded usages and effectiveness not yet in place, it represents potential future capital-raising capacity rather than an active source of dilution at this time.

Market Pulse Summary

The stock moved +10.0% in the session following this news. A strong positive reaction aligns with Hy...

Analysis

The stock moved +10.0% in the session following this news. A strong positive reaction aligns with Hyperion DeFi’s pattern of occasionally large moves on strategic DeFi updates, as seen with the prior +9.97% response to this same news. The announcement added HYPE accumulation to 1,862,195 tokens, new Kinetiq and Native Markets yield channels, and reaffirmed 31%–43% Q4 adjusted revenue growth guidance. Investors would have weighed these against the sizeable $1B shelf capacity and prior volatility after earnings and partnership headlines.

Key Terms

token generation event, decentralized exchange, stablecoin, validator, +4 more

8 terms

token generation event technical

"confirms the receipt of 1,918,478.78 KNTQ through the Kinetiq token generation event"

A token generation event is the process of creating and releasing new digital tokens or units within a blockchain or cryptocurrency system. It is similar to minting new coins or tokens that can be used for transactions, investments, or access within a digital network. For investors, this event often marks the initial availability of a new asset and can influence its value and future potential.

decentralized exchange technical

"Markets by Kinetiq, a decentralized exchange enabled by Hyperliquid’s HIP-3"

A decentralized exchange is a platform that allows people to trade digital assets directly with each other without relying on a central authority or middleman. Think of it like a marketplace where buyers and sellers meet on their own, rather than through a single shop or broker. This setup can offer more privacy, control over funds, and resilience against shutdowns or restrictions, making it important for investors seeking more autonomy in their trading.

stablecoin financial

"to accelerate the global adoption of Hyperliquid’s native stablecoin, USDH"

A stablecoin is a type of digital currency designed to keep its value steady, often by being backed by traditional assets like money or commodities. For investors, stablecoins offer a reliable way to move money quickly across digital platforms without the value fluctuations common with other cryptocurrencies, making them useful for saving, trading, or transferring funds with less risk of sudden losses.

validator technical

"institutional-grade staking infrastructure and beyond, to Hyperliquid"

A validator is a person or system that checks and confirms the accuracy and legitimacy of information, transactions, or data before they are accepted and recorded. In the context of digital assets or currencies, validators ensure that transactions follow the rules and are genuine, helping maintain trust and security in the system. For investors, validators are important because they help prevent errors or fraud, ensuring the integrity of the financial network.

staking financial

"right to stake 28,888 HYPE tokens to Markets by Kinetiq"

Staking is the practice of locking up digital tokens to help run a blockchain network in return for rewards, similar to leaving money in a time deposit that pays interest while it’s unavailable. It matters to investors because staking can generate regular income and affect a token’s circulating supply and price, but it also ties up assets and can carry risks like lock-up periods, reduced liquidity, or technical and platform failures.

fee rebates financial

"include 20% lower taker fees, 50% higher maker rebates, and 20% more volume"

Fee rebates are refunds or credits returned to investors by financial service providers after charging transaction, account, or platform fees—often given as a percentage back when certain conditions are met, such as trading volume or account size. Like a cashback coupon from a store, they lower the effective cost of investing, can boost net returns, influence how and where people trade, and affect comparisons between brokers or platforms.

taker fees financial

"include 20% lower taker fees, 50% higher maker rebates"

Taker fees are charges an exchange or trading platform applies when you place an order that immediately matches and executes against an existing order, effectively removing available supply from the market. They matter to investors because they increase the cost of trading and can affect the attractiveness of frequent or fast trades; think of it like a convenience surcharge for buying something instantly rather than waiting in line for a discount.

maker rebates financial

"include 20% lower taker fees, 50% higher maker rebates"

Maker rebates are small payments paid by an exchange or broker to traders who post limit orders that add liquidity to the market instead of immediately executing against existing orders. Like a store offering a discount to customers who place pre-orders, these rebates can lower net trading costs, influence where and how orders are routed, and affect the speed and price at which investors can buy or sell shares.

AI-generated analysis. Not financial advice.

Receives 1,918,478.78 KNTQ in the Token Generation Event Airdrop, Plus Right to Earn Additional Yield on 28,888 HYPE Staked by the Company

Partnership with Native Markets to Support Hyperliquid-Aligned USDH Stablecoin Generates Additional Yield for 300,000 HYPE Staked by the Company

Announces 150,000 HYPE purchase resulting in 1,862,195 Gross HYPE Tokens Owned by the Company

LAGUNA HILLS, Calif., Dec. 04, 2025 (GLOBE NEWSWIRE) -- Hyperion DeFi, Inc. (NASDAQ: HYPD) (“Hyperion DeFi” or the “Company”), today announced a series of updates demonstrating its ongoing digital asset treasury growth and strong forward momentum across its DeFi strategy, including new yield opportunities, expanded ecosystem partnerships, and additional HYPE accumulation.

“Amidst significant market volatility, Hyperion DeFi continues to execute on the roadmap we presented on Day One: accumulate HYPE, generate income on HYPE, accelerate our DeFi flywheel, and support Hyperliquid’s global adoption,” said Hyunsu Jung, Interim Chief Executive Officer. “We are proud to announce these latest achievements and are grateful for the continued support of our strategic partners. These transactions demonstrate continued growth in our diversified income streams, which go far beyond a simple buy-and-hold digital asset treasury strategy.”

Kinetiq Airdrop and Markets by Kinetiq HYPE Deployment Opportunity

On the Company’s Q3’25 Earnings Call held on November 13, 2025, Hyperion DeFi announced that it held kPoints (“Kinetiq Points”) and anticipated being eligible for the Kinetiq airdrop in Q4’25. Today the Company confirms the receipt of 1,918,478.78 KNTQ through the Kinetiq token generation event on November 27, 2025. While KNTQ’s trading history is new and expected to be volatile, the token’s recorded trading price on the Hyperliquid exchange was $0.145 as of 12:00 AM UTC on December 3, 2025.

In addition, Hyperion DeFi secured the right to stake 28,888 HYPE tokens to Markets by Kinetiq, a decentralized exchange enabled by Hyperliquid’s HIP-3. The Company expects to deploy the HYPE into Markets on December 8th and will earn 10% of the proportional fee revenue generated on market activity.

“Kinetiq was built to bring institutional-grade staking infrastructure and beyond, to Hyperliquid. Seeing early partners like Hyperion DeFi participate so meaningfully in this next phase is an important validation of that mission," said Justin Greenberg, Co-Founder and Chief Technology Officer of Kinetiq. "Their involvement in kPoints, the KNTQ genesis event and the launch of Markets by Kinetiq, sets a new standard for financial institutions of every kind. As we expand into decentralizing global markets, partners like Hyperion DeFi who understand the long-term importance of fully on-chain and transparent systems play a critical role in accelerating adoption across Wall Street, capital markets, and beyond.”

Partnership with Native Markets

The Company also announced a partnership with Native Markets, Inc. (“Native Markets”), to accelerate the global adoption of Hyperliquid’s native stablecoin, USDH. In this latest partnership, Hyperion DeFi allocated 300,000 HYPE to Native Markets. With a total of 1 million HYPE, Native Markets’ USDH is expected to receive the benefits of aligned quote assets, which include 20% lower taker fees, 50% higher maker rebates, and 20% more volume contribution toward fee tiers for all trading activity on USDH-denominated Hyperliquid markets. These benefits are expected to position USDH for increased adoption as the lowest-cost, most efficient stablecoin option for market participants.

“The launch of USDH on Hyperliquid marks a major milestone for Hyperion DeFi’s mission to advance financial innovation within this ecosystem,” said David Knox, Chief Financial Officer of Hyperion DeFi. “Stablecoins aren’t just another asset class; we believe they are the future of money movement and the connective tissue between digital asset networks and global liquidity. This deal, our third DeFi monetization transaction, advances our broader roadmap to strengthen cross-market liquidity and accelerate Hyperliquid’s position as a premier venue for global access to finance. As with our transactions with Credo and Felix, with this latest Native Markets transaction, we expect to be able to generate returns exceeding traditional staking yields, further accelerating our DeFi flywheel strategy. The transactions we are announcing today reinforce our confidence of 31% to 43% quarter-over-quarter adjusted revenue growth in Q4 and achieving positive operating cash flows in 2026.”

Additional HYPE Purchase

To further Hyperliquid DeFi deployment efforts, the Company has purchased an additional 150,000 HYPE, expanding its total holdings to 1,862,195 HYPE.

About the Hyperliquid Platform and the HYPE Token

Hyperliquid is a next-generation layer one blockchain optimized for high frequency, transparent trading. The blockchain includes fully on-chain perpetual futures and spot order books, with every order, cancel, trade, and liquidation occurring within 70 millisecond block times. It also hosts the HyperEVM, a general-purpose smart contract platform that supports permissionless decentralized financial applications akin to Ethereum.

HYPE is the native token of Hyperliquid. Staked HYPE provides utility for users via reduced trading fees and increased referral bonuses. As of November 2025, more than 35 million HYPE have been autonomously purchased and sequestered by the blockchain with the trading fees generated on the network’s central limit order books.

About Hyperion DeFi, Inc.

Hyperion DeFi, Inc. is the first U.S. publicly listed company building a long-term strategic treasury of HYPE. The Company provides investors with streamlined access to the Hyperliquid ecosystem, one of the fastest growing, highest revenue-generating blockchains in the world. Shareholders benefit from compounding exposure to HYPE, both from its native staking yield and additional revenues generated from its unique on-chain utility.

Hyperion DeFi is also developing its proprietary Optejet User Filled Device that is designed to work with a variety of topical ophthalmic liquids, including artificial tears and lens rewetting products. The Optejet is especially useful in chronic front-of-the-eye diseases due to its ease of use, enhanced safety and tolerability, and potential for superior compliance versus standard eye drops. Together, these benefits may result in higher treatment compliance and better outcomes for patients and providers.

For more information, please visit Hyperiondefi.com or follow @hyperiondefi on X.

About Kinetiq 

Kinetiq is a liquid staking protocol built natively on Hyperliquid to unlock utility, yield, and composability for HYPE. It has rapidly grown to become the leading LST on Hyperliquid with >80% market share, with >$1B in TVL and a modular product suite spanning staking, institutional infrastructure, permissionless exchange deployment, and now its own decentralized exchange powered by Hyperliquid’s HIP-3. 

Created by Kinetiq, Markets is a fully onchain decentralized exchange built on Hyperliquid as a universal, permissionless layer for all asset classes. Markets is powered and co-owned by its community through kmHYPE, the first decentralized exchange Liquid Staking Token (exLST), built on the same battle-tested architecture that secures billions in TVL with Kinetiq’s kHYPE.

To learn more, visit kinetiq.xyz or follow @kinetiq_xyz on X.

About Native Markets 

Native Markets is building $USDH, the Hyperliquid-native stablecoin. Integrated on the Hyperliquid blockchain, Native Markets' stablecoin enables gas-free payments, unlocks access to noncustodial financial primitives, and offers deep liquidity against existing stablecoins. With USDH's permissionless design, builders can seamlessly integrate the stablecoin and tap into the vibrant Hyperliquid ecosystem and its network effects.

To learn more, visit nativemarkets.com or follow @nativemarkets on X.

Forward Looking Statements

Except for historical information, all the statements, expectations and assumptions contained in this press release are forward-looking statements. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements, our future activities or other future events or conditions, including the viability of, and risks associated with, our cryptocurrency treasury strategy, the growth and revenue potential of the Hyperliquid ecosystem and the growth prospects of the Company. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and in some cases are likely to, differ materially from what is expressed or forecasted in the forward-looking statements due to numerous factors discussed from time to time in documents which we file with the U.S. Securities and Exchange Commission.

Any forward-looking statements speak only as of the date on which they are made, and except as may be required under applicable securities laws, Hyperion DeFi does not undertake any obligation to update any forward-looking statements.

Certain information contained in this press release relates to or is based on studies, publications, surveys and other data obtained from third-party sources and Hyperion DeFi’s own internal estimates and research. While Hyperion DeFi believes these third-party studies, publications, surveys and other data to be reliable as of the date of this press release, it has not independently verified, and makes no representation as to the adequacy, fairness, accuracy or completeness of, any information obtained from third-party sources. In addition, no independent source has evaluated the reasonableness or accuracy of Hyperion DeFi’s internal estimates or research and no reliance should be made on any information or statements made in this press release relating to or based on such internal estimates and research. You should conduct your own investigation and analysis of Hyperion DeFi, its business, prospects, results of operations and financial condition. In furnishing this information, Hyperion DeFi does not undertake any obligation to provide you with access to any additional information (including forward-looking information and any projections contained herein) or to update or correct the information.

Hyperion DeFi, Inc. Investor Contact:
Jason Assad
Hyperion DeFi, Inc.
IR@hyperiondefi.com
(678) 570-6791

FAQ

How many KNTQ tokens did Hyperion DeFi (HYPD) receive in the airdrop on Dec 4, 2025?

Hyperion DeFi received 1,918,478.78 KNTQ in the Kinetiq token generation event.

What price was KNTQ trading at on Hyperliquid on Dec 3, 2025 for HYPD investors?

KNTQ was recorded at $0.145 on Hyperliquid as of 12:00 AM UTC on Dec 3, 2025.

What staking opportunity did Hyperion DeFi announce for HYPE on Dec 4, 2025?

The company secured the right to stake 28,888 HYPE in Markets by Kinetiq and expects to earn 10% of proportional fee revenue.

How much HYPE did Hyperion DeFi allocate to Native Markets to support USDH on Dec 4, 2025?

Hyperion DeFi allocated 300,000 HYPE to Native Markets to support USDH adoption and aligned quote benefits.

How many additional HYPE tokens did Hyperion DeFi purchase and what are total HYPE holdings?

The company purchased 150,000 HYPE, bringing total gross holdings to 1,862,195 HYPE.

What near-term revenue guidance did Hyperion DeFi provide on Dec 4, 2025?

Management reiterated expected adjusted revenue growth of 31%–43% QoQ for Q4 and projects positive operating cash flows in 2026.