Hu 火星 Finance reports that on September 7, according to Yujin monitoring, the 433,000 HYPE tokens (USD $38.14 million) requested for redemption by the Hyperliquid development team, HyperLabs, seven days ago, were received 12 hours ago and subsequently transferred to 11 addresses nine hours ago. They now unstake and transfer approximately several hundred thousand HYPE tokens each month—essentially distributing their monthly interest income: with 241 million HYPE tokens (USD $21.2 billion) in their possession, they earn daily staking rewards of 14,400 HYPE (USD $1.26 million), which exactly matches their monthly transfer amount.
Hyperliquid Development Team Transfers $38.14M in HYPE Tokens
MarsBitShare
Summary
On-chain data reveals that on September 7, 2026, Hyperliquid’s development team, HyperLabs, transferred 433,000 HYPE tokens ($38.14 million) to 11 addresses. The tokens had been received just 12 hours prior. The team typically unstakes and moves approximately 400,000 HYPE per month, consistent with staking rewards from its 241 million HYPE holdings. Crypto news platforms such as MarsBit reported this activity.
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