Hyperliquid co-founder iliensinc said in the project’s official DC channel on Sept. 30 that Hyperliquid Labs will unstake 3.75 million tokens today. The tokens are scheduled to be distributed to team members on Oct. 7, according to the statement. Iliensinc also said the batch is tied to an over-the-counter transaction with an institution and will not be sold on the public market. The update outlines both the timing of the unstaking and the planned allocation, while addressing how the tokens are expected to be handled after release. No additional details about the institution or the transaction terms were disclosed in the source material.
Hyperliquid co-founder iliensinc said in the project’s official DC channel on Sept. 30 that Hyperliquid Labs will unstake 3.75 million tokens today.
He said the tokens are set to be distributed to team members on Oct. 7. According to the statement, this batch is part of an over-the-counter deal with an institution and will not be sold on the public market.
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