Key Insights
- Hyperliquid unstaked 1.2 million HYPE for January’s team token release under a two-year vesting schedule.
- Daily buybacks and previous token burns aim to offset the impact of monthly unlocks.
- Team allocations represent 24% of total supply, following structures common across DeFi token ecosystems.
Hyperliquid has unstaked 1.2 million HYPE tokens in preparation for a scheduled team distribution on January 6, 2026. The move marks the beginning of the platform’s 24-month vesting cycle for team allocation. According to the company’s announcement, the unstaking took place on December 28, 2025, from Hyperliquid Labs, and aligns with previously established vesting terms.
The vesting schedule will continue with monthly token releases set for the sixth day of each month. Hyperliquid stated that this predictable schedule is designed to promote transparency among stakeholders. The initial 1.2 million HYPE represents approximately 0.3 percent of the total supply of 420 million tokens.
Team allocation covers nearly a quarter of supply
Hyperliquid’s team allocation accounts for roughly 24 percent of the total token supply. The distribution plan spans two years and is structured to avoid excessive sell pressure. According to the company, this approach reflects common practices used in decentralized finance token distribution models.
To help offset the effects of the monthly unlocks, Hyperliquid continues daily buybacks and periodic burns. The company reported that daily buybacks currently stand at 21,700 tokens, while staking emissions total 26,700 tokens, contributing to moderate net inflation. Additionally, Hyperliquid previously burned 37 million HYPE from its Assistance Fund.
Previous token actions aimed at reducing volatility
In November 2025, a separate unstaking event led to increased market activity. However, this was partly counterbalanced by 1.9 million tokens purchased through buybacks. The company emphasized that these events are structured and do not impact the protocol’s fundamental mechanics.
Hyperliquid confirmed that the January 6 release marks the first under the current vesting plan. The company reiterated that all future distributions would follow the same date to maintain consistency. The team emphasized that these processes are administrative and do not alter the decentralized exchange’s operations.
