DeFi· ★★★· bearish·

Hyperliquid unlocks 180,000 HYPE for team members

  • —The unlock covered 180,000 HYPE under the monthly team vesting schedule
  • —OTC buyers of HYPE have still not been identified
  • —The release extends a recurring series of team token distributions
Why it matters: Recurring team unlocks add to HYPE's circulating supply and can weigh on the token's price.
Source: PANews