Weekly Token Unlock: HYPE unlocks approximately $320 million worth of tokens

MarsBitNews · 2026-01-04T16:19:40+00:00

Hyperliquid is a high-performance blockchain designed to build an open financial system, unlocking 12.49 million tokens, worth approximately $320 million. The USDe stablecoin launched by Ethena Labs relies on collateral from BTC and stETH, unlocking 170 million tokens, worth approximately $42.91 million.

MarsBitNews

2026-01-04 16:19:40

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Hyperliquid

Project

Official Website:

Unlocked amount this time: 12.49 million tokens

Unlocked value this time: approximately $320 million

Hyperliquid is a high-performance blockchain built with the vision of creating a fully on-chain open financial system. Liquidity, user applications, and trading activities operate synergistically on a unified platform, aiming to accommodate all financial transactions.

The specific release schedule is as follows:

Ethena

Project

Official Website:

Unlocked amount this time: 170 million tokens

Unlocked value this time: approximately $42.91 million

Ethena Labs’ algorithmic stablecoin USDe currently relies on collateral assets BTC, stETH, and their inherent yields, while also creating Bitcoin and ETH short positions to balance Delta and utilizing perpetual/futures funding rates to maintain the peg and generate returns. Essentially, it uses spot gains to hedge against the losses of a one-times short position, achieving balance while earning ETH staking rewards and short position funding fees.

The specific release schedule is as follows:

HYPE3,29%

ENA0,74%

BTC1,54%

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