I don’t hold any $HYPE, but watching the discourse around the unlocks makes you wonder how detached from reality some people in this space have become.
Hyperliquid is one of the highest-earning protocols in all of crypto, printing millions in profit every single day. If anyone is capable of absorbing unlocks sustainably, it’s them.
And honestly, what exactly do people expect from the team? That they sacrifice their entire lives to work for free so bagholders can feel good? At the end of the day this is business, not charity.
@chameleon_jeff and the Hyperliquid team have already shown, repeatedly, that they prioritize the long-term health of the protocol and the interests of $HYPE holders. There were no VCs, no insiders. They fully bootstrapped the protocol with their own time, money, and sweat. That level of conviction is rare, even outside of crypto.
The token distribution was as fair as it gets. The most valuable and aligned contributors earned their share. Since then, the team has spent nearly 100% of the revenue they generate on buybacks, consistently treating token holders like actual shareholders - not exit liquidity.
These guys have been working their asses off for years, building one of the most profitable and technically impressive systems in crypto, essentially getting nothing back personally. If they want to sell a small portion of their tokens after years of hard work and massive opportunity cost, let them. If anyone in this industry has earned that right, it’s them.
As long as they’re not rage-quitting and dumping their entire stack in one click, everything will be fine.
And why on earth would they abandon a cash-printing machine that’s finally hitting escape velocity and generating infinite money after everything they’ve put into it?
It makes zero sense, so it’s not going to happen.
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Download links in bio!
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@HyperliquidX