Hyperliquid Labs

Money Moves

As of October 2026: Distributed 3.75 million HYPE over the counter; the largest monthly team unlock so far

Hyperliquid Labs finished unstaking 3.75 million HYPE, worth about $330 million, on October 7 — the largest of the monthly core-contributor unlocks paid since November 2025. On-chain trackers show 1.875 million tokens moving through five wallets; 1.25 million of those were later staked again, 625,000 sat in a separate address, and the other 1.875 million stayed in a single wallet.

Updated Oct 11