Financing ·
Hyperion DeFi repays $8.6M legacy debt and buys back 240K shares, leaving no long-term debt
HYPDHyperion Defi, Inc.
Hyperion DeFi, Inc. voluntarily repaid approximately $8.6 million in outstanding legacy debt to Avenue Capital Management II, L.P., fully terminating the Loan and Security Agreement dated November 22, 2022. The payoff was funded by proceeds from the sale of HYPE tokens and cash on hand, leaving the company with no long-term debt. Concurrently, the company announced it repurchased 240,124 common shares at a weighted average price of $3.21 per share as part of its capital optimization efforts. As of September 30, 2026, Hyperion DeFi reported holding approximately $14.5 million in cash, cash equivalents, and USDC stablecoins, along with 1.85 million Gross HYPE tokens. The company operates in the decentralized finance (DeFi) sector, providing investors with exposure to the Hyperliquid blockchain ecosystem.