Hyperion DeFi, a Nasdaq-listed company focused on Hyperliquid (HYPE), DeFi, HYPE staking and on-chain yield, plans to steadily expand its strategic HYPE reserve, which stood at roughly 1.93 million tokens worth more than $166 million, according to CoinGecko. The company raised 2026 adjusted gross-profit guidance to $7 million-$8 million from $5 million-$7 million and expects core operating profit to turn positive for the first time in the third quarter. Its board also approved a share repurchase program of up to $20 million for as long as 12 months. Hyperion DeFi said its shares had traded at a 20% to 30% discount to net asset value, or NAV.