Hyperliquid Team Holds 241M HYPE in Staking, Generates $1M in Daily Rewards

HYPE-4.56%
According to ChainCatcher, based on blockchain analyst Yu Chen's monitoring, Hyperliquid's team currently holds 241 million HYPE tokens fully staked, generating approximately $1 million in daily staking rewards. Since the token's launch 18 months ago, the team has accumulated 8.08 million HYPE from staking rewards, valued at $565 million. After selling approximately 4.93 million HYPE, the team's position has grown from the initial 238 million to 241 million tokens, now worth approximately $1.65 billion.
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