Hyperion DeFi’s third-quarter 2026 report puts its HYPE holdings at the center of its reported net asset value (NAV). As of September 30, the company held approximately 1.85 million HYPE, valued at $167.9 million. It reported NAV of $182.4 million and $14.54 million in cash, cash equivalents and stablecoins.
For the quarter, Hyperion DeFi reported $39.59 million in net income and $48.66 million in adjusted EBITDA. Revenue and gross profit each rose 127% quarter over quarter to $810,000.
These are company-level holdings and earnings figures, not measures of HYPE protocol revenue or cash flows accruing to token holders. The reported HYPE valuation is a major component of company NAV, but the figures alone do not establish a valuation for the token.
Original report: ChainCatcher, published November 12, 2026, at 20:28 (UTC+8).