Hyperliquid (HYPE) - 9.92MM Token Unlock - 29 December 2025
Hyperliquid will unlock 9.92 million HYPE tokens, representing about 2.59% of its released supply, at 7:30 AM UTC. According to the tokenomics outlined by Tokenomist here, such unlocks increase the circulating supply, which can exert downward pressure on price if demand does not keep pace. Traders should monitor liquidity and major holders' activity around the unlock, as significant token releases have historically preceded elevated volatility and sometimes price retracements.