Hyperliquid Unstakes 1.2 Million HYPE Tokens

Hyperliquid unstaked 1.2M HYPE tokens ahead of January 6 team distribution under the 24-month vesting plan.

Hyperliquid has unstaked 1.2 million HYPE tokens from Hyperliquid Labs ahead of the scheduled January 6 distribution. The move follows the team’s 24-month vesting schedule. Going forward, all future distributions will occur on the sixth day of each month. Market participants are closely observing supply changes and trading activity.

Hyperliquid Token Unstaking Details

The unstaking occurred on December 28, 2025, in preparation for team distribution on January 6, 2026. The tokens come from Hyperliquid Labs and are part of the team allocation. According to the announcement, the process is routine and aligned with existing vesting terms. The schedule ensures consistency and avoids unexpected token releases.

The official statement on Discord confirmed the monthly unlock plan. Hyperliquid emphasized that all future distributions will follow the same timing. By setting this schedule, the company provides transparency to traders and investors. Therefore, market participants can anticipate supply adjustments without uncertainty.

Market Supply Considerations

The 1.2 million tokens represent approximately 0.3 percent of HYPE’s total supply of 420 million. At the current market price of $26 to $28, the release is valued at roughly $30–33 million.

Although this is a small fraction of the total supply, repeated monthly distributions could affect short-term trading dynamics. Hyperliquid noted that buybacks and previous token burns help balance supply.

Additionally, daily buybacks of 21,700 tokens and staking emissions of 26,700 tokens create modest net inflation. In November 2025, a larger unstaking event added sell pressure, which was partially offset by 1.9 million token buybacks.

Recently, Hyperliquid burned 37 million HYPE tokens from its Assistance Fund. These measures work together to manage token circulation effectively.

Team Vesting and Schedule

Hyperliquid’s team allocation represents nearly 24% of total HYPE tokens. The 24-month vesting plan ensures even distribution over time. The January 6 distribution marks the first scheduled monthly release under this plan.

The company stated that these measures are consistent with previously disclosed vesting terms. The transparent approach aims to provide market participants with a predictable token supply.

Future unlocks will follow the same schedule without exception. The project stressed that these actions do not change core protocol mechanics. Team vesting structures remain a common practice across decentralized finance projects. By communicating clearly, Hyperliquid seeks to limit market uncertainty around token allocations.

Related Readings: Hyperliquid Denies Connection to HYPE Shorting by Former Employee

Market Reaction and Context

The unstaking event itself did not generate immediate market panic. HYPE prices have seen fluctuations, with a decline from September 2025 highs above $50. Traders are monitoring January 6 closely for potential trading activity.

The distribution is part of standard compensation commitments for team members. Hyperliquid maintains a position as a leading on-chain perpetual DEX with consistent revenue generation.

Competition from other DeFi platforms has increased, but the protocol continues to support liquidity providers and traders. The predictable distribution schedule may influence trading strategies in the near term.

Observers are watching how market demand interacts with the monthly token unlocks. Hyperliquid’s approach ensures transparency while maintaining routine operations for its ecosystem.