PANews reported on June 8th that, according to Crypto Briefing, Hyperion DeFi, the first publicly listed Hyperliquid treasury company, is unwinding two agreements totaling approximately $28.7 million, involving about 800,000 HYPE tokens, representing about 40% of its total holdings. This is because the stablecoin USDH supporting these transactions has effectively ceased operations. The larger agreement involves 500,000 HYPE tokens with the Felix Foundation, valued at $18.3 million as of March 31st. This agreement supports USDH-denominated trading activities in the HIP-3 perpetual contract market. The second agreement involves 300,000 HYPE tokens with Native Markets, valued at $10.4 million on the same day, aiming to broadly support the USDH economy. Native Markets returned the tokens ahead of schedule on June 3rd, earlier than the official termination date of June 18th. The Felix agreement's unstaking is scheduled for June 22nd, with all tokens expected to be returned by June 29th.