HYPE Price Jumps As Hyperliquid Cuts Monthly Team Unlocks by Nearly 90%

Hyperliquid, the high-leverage crypto trading platform, announced a dramatic reduction in its upcoming team token unlocks. HYPE, the DEX’s powering token, barely reacted despite the intervention’s goal to slow down near-term token emissions. Hyperliquid Drastically Reduces Team Token Emissions, Signaling Market Supply Shift According to a post on the company’s Discord channel, 140,000 HYPE tokens are scheduled for release next month. It marks a steep decline from the 1 source: https://beincrypto.com/hyperliquid-reduces-hype-token-unlocks/