Hyperion DeFi Reports 1.93 Million HYPE Holdings Worth About $73.9 Million

The Nasdaq-listed company said it also held 1.92 million KNTQ and 1 million HPL, while quarterly staking (locking crypto to earn rewards) income rose 17% in Q4.

HYPE

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Terms & Concepts
  • staking: A process of locking cryptocurrency to support a blockchain network and receive rewards in return.
  • Q4: The fourth quarter of a financial year, typically covering October through December.
  • Nasdaq-listed: A company whose shares trade on the Nasdaq stock exchange in the United States.