r/hyperliquid1

Been looking into HYPE unlock behavior and trying to understand if this is normal or something structurally different.

Two data points:

• April: ~9.9M unlock capacity, but only a small portion (~3–4%) appears to have been claimed, with most activity reportedly going into staking (not fully verified).
• May 6: full ~9.9M unlock occurred (~$350M+ equivalent), but there’s no clear data on how much actually entered circulation.

At the same time:

• No obvious proportional increase in sell-side pressure
• No clear redistribution across wallets (at least not visibly)

This raises a simple question:

Are we looking at a case where unlocked supply ≠ tradable float?

Possible explanations:

• staking absorbing supply
• delayed distribution
• concentration among a small set of holders
• or just normal behavior for newer systems

Not making any claims — just trying to understand the mechanics.

Curious if anyone here is tracking:

• actual post-unlock flows
• staking inflows vs unlock events
• changes in effective float over time

Would appreciate any data or perspectives.

I bought a (for me) significant amount of HYPE a couple days ago, up a good bit for such a short time and i intend to buy more, but what the fuck is happening here, why are we coming up to aths right now, is it gonna drop, am i gonna get fucked? is buying the top my only option?

I'd like to see us overtake BNB on CMC. This is the key L1 for the upcoming cycle.

Hyperliquid posted recently that real-world-asset open interest on the platform hit $2.6B, double what it was two months ago. That number is abstract until you actually look at who is using these markets.

A few real positions sitting on the book right now:

1. Wallet 0x8def...2dae (a $43M Hyperliquid whale with +184% all-time ROI and 50+ days active) opened a 10x short on Intel stock for $1.77M notional at $106.41 a few hours ago. Same wallet also short HYPE, TON, SAGA. Using crypto perps to short a US equity at 10x leverage on a Tuesday morning. That used to require an offshore CFD broker or a margin account at IBKR.
2. Wallet 0x7c93...c8fd is long $30M of SP500 at 50x leverage (entry 7,404, current 7,369, down $141K), and long another $30M of an index called XYZ100 at 30x leverage (entry 28,624, current 28,781, up $162K). One wallet, $60M of US equity exposure, on a venue that 18 months ago only listed BTC and ETH perps.
3. Wallet 0x1e48...e773 is long $37.9M of Brent Oil at 20x leverage from $101.34, currently up $1.83M as oil sits at $106.21. Account value $9.6M. Position is 3.9x the wallet's net liq.

The SEC reversed course on tokenized stocks last week. The Clarity Act is moving through Congress. And in parallel, the rails for "I want to short Intel earnings without leaving my crypto wallet" already exist and are clearing $2.6B in OI.

Hyperliquid is becoming a 24/7 multi-asset venue. Crypto natives get equity/commodity exposure without a US brokerage, KYC at a CFD shop, or overnight gaps

My SaaS generated around $7.5k in 1.5 months.
But the point is not about recurring users, but about a constantly new stream of users.

This is a crypto SaaS with several sections: Market Making, Delta Neutral, and AI Trading. It works on 5 DEX exchanges via API. Non-custodial connection.

The main revenue-generating section is AI Trading, which runs on a major exchange HyperLiquid. Essentially, the user connects their exchange to the bot, and the AI bot trades on their account. In this mode, a sub-mode is automatically activated if the user balance is $500 or more, and the bot trades until full execution and guarantees 66% profit from the user balance via built-in fees to us. This is the official fee allowed by HyperLiquid, and for the user it simply appears as an exchange fee. With a user balance of 500 USDC, we guarantee around $350. If the user balance is $5000, income from one user will be $3500 guaranteed.

We also have an army of 200 people who send marketing cards all over Twitter for a constant stream of users. We pay them $0.20 per comment that does not get flagged as spam and gets impressions. They fill all links in a separate section of our website for workers and we manually verify all applications.

In 1.5 months we generated $7.5k (there are 3 of us in the team), and around $700 went to salaries for people doing comments.

Since none of the three of us have a stable income, this money is too little to support us. This can be scaled through good targeted advertising; the traffic is literally the entire crypto world — everyone who is curious to try trading with AI.

We are looking either for a co-investor: $25k for 25% of recurring profit. The money will be used for advertising on Instagram Reels, Facebook, and others. Or we are ready to sell our service with all workers and everything included for a separately agreed price.

DM me and I will share more info, all links, and answer any questions. All revenue data is on-chain, so it can be easily verified.

I’ve been building HyperHedger for Hyperliquid’s daily BTC prediction markets.

It started as a private bot for my own setup and a small tester group. I’m opening a few pilot spots now for the hosted Telegram version.

HyperHedger scans the daily BTC prediction market and compares the market price against BTC chart data, entry edge, sizing, and hedge conditions.

When the setup lines up, it can enter the prediction side, manage the BTC hedge, and show the whole trade from Telegram.

Everything is controlled from Telegram.

I’m keeping the first group small so I can keep onboarding/support tight.

Private pilot is $249/month.

Site:
https://www.hyperhedger.com/

I’m the builder, so happy to answer questions from anyone already trading Hyperliquid prediction markets.

I am trying to understand the recent news around Hyperliquid and from what i have seen, Coinbase and Circle have integrated USDC into Hyperliquid’s system, and now part of the earnings yield from USDC reserves is being sent back into the Hyperliquid ecosystem instead of going fully to the companies that issue the stablecoin.

Some people are calling this Circle and Coinbase backing Hyperliquid buybacks, but it’s not really a direct buyback. It’s more like money generated from USDC liquidity is being recycled back into the ecosystem.

In simple terms: the stablecoin activity inside Hyperliquid may now help support the platform indirectly instead of just sitting outside the system.

Does this actually make Hyperliquid stronger long term by creating a feedback loop between usage and ecosystem value, or is it just a small structural change that won’t matter much for $HYPE in the long run?

I have also seen traders watching $HYPE price action closely from bitget, especially around volatility spikes after these kinds of updates.

Is this actually a big deal for Hyperliquid, or just overhyped wording around a normal integration?

​

We've been tracking HYPE unlock behavior across six months.

The pattern is consistent but the mechanism keeps changing.

April: only 330K HYPE claimed out of 9.92M available. Most tokens never taken.

May 6: full 9.92M released. Still no market pressure. Tokens distributed — but didn't become float.

What the data shows:

— 45% of circulating supply locked in staking (7-day exit queue)

— Staking rewards paid from Foundation-controlled emission reserve

— At 2.25% APY, institutional capital is structurally excluded — below US Treasury yields

— ~53M HYPE worth ~$2.28B contractually available to the team since November 2025. On-chain location undisclosed.

Yesterday CME and ICE went to the CFTC asking for scrutiny. The chairman said Hyperliquid "could influence spot and futures prices on registered platforms."

If you can't see where $2.28B in team tokens are sitting — does that change how you think about the float you're actually trading against?

The hyper liquid charts on the site suck and I was wondering if there is a way to use the hyper liquid price data in trading view.

Im new to Hyperliquid and Im trying to understand the whole buyback mechanism inside the Hyperliquid ecosystem.

Why was it designed this way?

Who benefits from the buybacks?

How do the buybacks affect price action in the short term when they happen?

How often do buybacks happen?

And most importantly, what could be the long term effect of the buybacks over the next few years in relation to the total supply?

I understand the basic idea of protocol buys token = price maybe goes up, but I want to understand the deeper mechanics and incentives behind it in a simple way.

Hi, new here and to hyperliquid, what is the best bridge between Solana and Hyperliquid? I want to bridge some USD to see how things are working on Hyper.

I’ve been looking into HYPE tokenomics and noticed a pattern that feels worth discussing.

Unlocks appear to happen on schedule, but the actual tradable float doesn’t seem to expand proportionally.

At the same time:

• staking participation continues to grow
• sell-side pressure remains relatively limited

This raises a simple but important question:

Are markets pricing HYPE based on headline supply — or on a much narrower effective float?

Not making any claims here — just trying to understand the mechanics behind price formation.

Curious if anyone has looked deeper into this or tracked post-unlock flows in more detail.