FILTERED RESULTS
FILTERS
Ads Top
DARK MODE
CHART
MCap $2.8T -0.7%24h Vol $101.7B -8.2%Fear & Greed 64/100Alts Index 55/100
BTC.D 58.8% 0%Stable.D 9.4% +0.1%ETH.D 11.1% 0%Others.D 20.7% -0.1%
MET$0.4726+49.68%•W$0.0172+22.44%•JUP$0.3752+14.99%•CRV$0.3883+10.12%•RAY$2.421+9.39%•FLUID$2.043+9.1%•NEAR$5.399+8.93%•JTO$0.5663+8.88%•CHIP$0.0542+8.53%•BAT$0.1050+8.24%•
CAP$0.0719-18.25%•NMR$14.044-16.82%•BP$1.053-16.35%•MINA$0.0918-11.82%•DRV$0.3630-11.6%•BR$0.5392-10.74%•SKY$0.0792-8.78%•STX$0.3641-7.34%•NIGHT$0.0457-7.2%•AKE$0.0279-6.72%•
Top movers 24h
    Filters
      Coins
      Sentiment
      Impact
      Search
      FILTERED RESULTS

        

      Upgrade your plan
      Dashboard

      Hyperliquid Labs Initiates $330 Million HYPE Token Distribution

      Hyperliquid Labs has commenced the distribution of 3.75 million HYPE tokens, valued at approximately $330 million, marking the largest token distribution in the history of the HYPE project. The distribution process concluded on October 7, 2026, with half of the tokens, amounting to 1.875 million HYPE, transferred to five over-the-counter (OTC) buyers.

      The distribution began with a seven-day unbonding period initiated on September 30, during which staked tokens were rendered non-transferable. Following this period, each of the five OTC wallets received an equal share of 375,000 tokens. The remaining 1.875 million HYPE tokens are yet to be distributed, leaving the process partially complete. Co-founder iliensinc confirmed that the transaction is linked to an OTC agreement with an undisclosed institutional counterparty, ensuring that the tokens will not enter public markets.

      This distribution is significantly larger than previous monthly releases, which typically ranged from 140,000 to 534,000 HYPE tokens. The current distribution represents approximately 1.5% of HYPE's circulating supply. Following the announcement, HYPE's price experienced a positive market response, with some tokens being restaked or aggregated on-chain. The identities of the buyers and the specific terms of the agreement remain undisclosed, leaving investors without visibility on lockup conditions or resale restrictions.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud