Hyperliquid confirms that a total of 1.75 million HYPE has been unlocked for developers and core contributors, worth over 60.4 million USD.

MarsBitNews
HYPE-4,6%

According to Mars Finance news, on November 30, the Hyperliquid team confirmed in the official Discord channel that a total of 1.75 million HYPE tokens will be unlocked for developers and core contributors this Saturday, with a value exceeding 60.4 million USD at current prices. This unlock is part of the established vesting plan and has been disclosed in advance. In comparison, approximately 270 million tokens were fully unlocked on November 29, 2024, with a market capitalization of about 9.5 billion USD based on today's value. Hyperliquid has never undergone external financing, so there is no investor unlock selling pressure.

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