Hyperion Deploys $33.59M in Staked HYPE Tokens to Skew for Custom Perpetual Futures

Hyperion DeFi has announced that it will deploy 500,000 staked HYPE tokens to Skew Technologies under a structured asset-use agreement. This deal is valued at approximately $33.59 million and uses Hyperion's HYPE Asset Use Service (HAUS) framework.

Under the terms of the agreement, Skew receives the staked tokens as a bond that enables it to launch custom perpetual futures markets on Hyperliquid's HIP-3 protocol. In return, Hyperion will receive equity in Skew and a share of revenues generated by the market listing service.

Skew founder David Gil stated that the company plans to expand the range of assets tradable on-chain through both internally developed products and those built with partners.