Institutional market drive strengthens after Hyperliquid and Hyperion reach DeFi-Skew agreement

Hyperion DeFi and Skew Technologies reach new agreement to support Hyperliquid HIP-3 institutional market

Hyperion DeFi has signed a new agreement with Skew Technologies to support institutional activities in the Hyperliquid HIP-3 unlicensed market. The Nasdaq-listed company will deploy 500,000 HYPE tokens under the agreement to support the launch of the institutional perpetual futures market. The agreement also allows Hyperion DeFi to acquire a stake in Skew and share in listing service revenue generated through the platform. The move is part of the company's efforts to expand the utility of its HYPE treasury assets while supporting institutional participation within the Hyperliquid ecosystem.

How does Hyperion DeFi's latest protocol support institutional market development?

Hyperion DeFi has signed a HYPE asset usage service agreement with Skew Technologies to deploy 500,000 HYPEs to support a series of new institutional perpetual futures products in the Hyperliquid HIP-3 unlicensed market. The agreement establishes a mechanism that allows Skew and other qualified partners to leverage Hyperliquid's infrastructure to launch customized perpetual futures markets. Hyperion DeFi and Skew deploy 500,000 HYPE tokens to support Hyperliquid HIP-3

In return, Hyperion DeFi will receive Skew's equity participation and share a portion of the listing service revenue generated through the platform. The company said the revenue sharing model includes a fixed component and a floating component that is not related to transaction volume. The arrangement also expands the company's revenue-generating strategies related to its pledged HYPE treasury assets.

Why does this cooperation focus on institutional customers?

The agreement is designed to help institutional participants rely on professional infrastructure and operational support to launch customized markets. Hyunsu Jung, CEO of Hyperion DeFi, said the company continues to receive demand from teams in different regions that want to leverage Hyperliquid's infrastructure to launch and distribute new markets while evaluating opportunities around HIP-3. "We hope to continue to complement our larger roadmap and develop a range of products and services optimized for institutional customers," Jung said. He added that the mechanism allows institutional customers to focus on their products and distribution, while Skew is responsible for market operations.

What role will Skew Technologies play in the plan?

Skew Technologies will develop and operate institutional listing services supported by pledged HYPE deployed under the agreement. Skew founder David Gil said the company sees opportunities to introduce new market categories to Hyperliquid by launching products directly and co-launching products with partners. He said Hyperion DeFi support provides the infrastructure and long-term consistency needed to develop new market categories, while expanding the range of products available on Hyperliquid. Skew's initial roadmap focuses on the HIP-3 perpetual futures market. The company also plans to support results-based markets through the framework as the HIP-4 infrastructure matures.

Why is Hyperliquid's HIP-3 framework so important?

HIP-3 allows developers to launch a customized perpetual futures market by pledging HYPE as collateral capital, creating an additional use case for tokens in addition to pledging. Hyperliquid is a Layer-1 blockchain specifically designed for perpetual futures trading. The network has fully on-chain perpetual futures and spot order books, while HyperEVM supports unlicensed decentralized financial applications. Demand for the HIP-3 market has increased as more developers and institutions hope to introduce trading products without building new trading platforms. Recent activity shows that the HIP-3 market already accounts for nearly half of Hyperliquid's daily perpetual futures trading volume, up from only about 2% at the beginning of the year.

What does the agreement mean for the company's broader plans?

This agreement adds another commercial arrangement to Hyperion DeFi's HYPE treasury while also supporting institutional market infrastructure on Hyperliquid. Deploying 500,000 HYPE tokens represents approximately a quarter of the 2 million HYPE tokens the company reported holding. At the time of the announcement, the value of deployed assets was approximately $33.6 million. Hyperion DeFi and Skew deploy 500,000 HYPE tokens to support Hyperliquid HIP-3

In addition to obtaining Skew's equity participation, Hyperion DeFi will also share a portion of the listing service revenue generated by the platform. The company said the agreement supports its differentiated revenue generation strategy built around the utility of pledged HYPE treasury assets. While the arrangement creates additional business opportunities, future results will depend on institutional adoption, continued development of the HIP-3 market, and execution by participating companies.

Conclusion

Hyperion DeFi has outlined a new agreement that combines the deployment of its treasury assets with the institutional market infrastructure on Hyperliquid. The company will deploy 500,000 HYPEs through the HAUS agreement, obtain Skew's equity participation, and share listing service income, including fixed portion and floating portion unrelated to transaction volume. Skew will initially focus on the HIP-3 perpetual futures market, while planning to expand into outcome-based markets through HIP-4 as supporting infrastructure develops. Hyperion DeFi said the move is consistent with its broader goal of supporting institutional customers while expanding the utility of HYPE treasury assets.

Glossary

Hyperion DeFi: A Nasdaq-listed blockchain treasury company.

Skew Technologies: Institutional market infrastructure provider.

HAUS Agreement: HYPE Deployment Partnership.

Perpetual futures: Futures contracts with no expiration date.

Collateralized capital: Lock-in tokens used to protect and support the market.

FAQs about Hyperion DeFi

How many HYPE tokens will Hyperion DeFi deploy?

Hyperion DeFi will deploy 500,000 HYPE tokens.

What is the purpose of this HYPE deployment?

This HYPE token will be used to support the institutional perpetual futures market on Hyperliquid.

What role does Skew Technologies play in this collaboration?

Skew Technologies will build and operate institutional market services.

What does Hyperion DeFi get from this agreement?

Hyperion DeFi will receive Skew's equity share and a portion of the platform's revenue.

How does this protocol help Hyperion DeFi?

It helps companies expand the use of their HYPE treasury and earn new revenue.