Announced a HAUS partnership with Entropy for HIP-3, deploying 500,000 staked HYPE.
Executed sale of remaining legacy life sciences IP to Arctic Vision.
Q2 results and balance sheet update
Hyperion DeFi posts Q2 net income of USD 31 million, up from USD 8.84 million in Q1; GAAP revenue rises 46.49% to USD 357,693.
Non-GAAP adjusted EBITDA climbs to USD 53.65 million from USD 19.49 million; GAAP gross profit increases 46.49% to USD 357,693.
Treasury gains (non-GAAP) jump to USD 54.82 million from USD 21.45 million; gross HYPE holdings (non-GAAP) rise to USD 132.64 million.
Operating expenses excluding stock-based compensation (non-GAAP) fall 21.2% to USD 2.34 million; cash, cash equivalents and stablecoins end at USD 11.76 million.
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