Hyperion DeFi (Nasdaq: HYPD), formerly Eyenovia, is a US public company that holds a HYPE treasury and deploys it on Hyperliquid to earn yield. It held about 2.04M HYPE at 30 June 2026.

Since June 2025 it has run the Kinetiq x Hyperion validator with Kinetiq, now operated with MAVAN; about 7M HYPE was delegated in July 2026. In 2026 it committed staked HYPE to HIP-3/HIP-4 market deployers (Skew, Entropy), set up an institutional credit facility on HyperLend with Anchorage Digital, and backed DoubleZero Edge's Hyperliquid data feeds.