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Hyperliquid Labs begins $330M HYPE OTC distribution, transfers half to five buyers

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Hyperliquid distributes $330 million in HYPE tokens via OTC sales

Hyperliquid Labs unstaked 3.75 million HYPE tokens worth approximately $330 million and distributed half to five over-the-counter buyers, with the remaining tokens returned to staking.

Oct 8, 2026·2 sourcesTokenomicsInstitutional crypto adoptionCrypto marketsToken launchesDeFi
Hyperliquid distributes $330 million in HYPE tokens via OTC sales
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The Defiant

Hyperliquid Labs-Labeled Wallet Distributes $330 Million in HYPE