Hyperliquid Strategies Inc Reports Financial Results for the Fiscal Year Ended June 30, 2026

Hyperliquid Strategies Inc (NASDAQ: PURR ) ("HSI" or the "Company"), the premier digital asset treasury platform focused on the Hyperliquid ecosystem, today reported its financial and operational results for the fiscal year ended June 30, 2026. "This was the year we built the platform," said David Schamis, CEO of Hyperliquid Strategies Inc. "We more than doubled our HYPE treasury, jointly launched a validator that has quickly become one of the largest on the network and completed the exit from our legacy biotech operations. We finished with a fortress balance sheet — meaningful cash, no debt, and substantially all of our tokens staked and earning. We are building against a protocol that is winning the parts of onchain finance that generate real fees. Perpetuals, stablecoins , real-world assets and soon outcome markets all clear through a single order book and margin engine, and most of the value that is created is returned to HYPE holders through programmatic buybacks. We look forward to continuing to support the ecosystem as Hyperliquid becomes the infrastructure to house all of finance." Key Highlights (as of or for the Fiscal Year Ended June 30, 2026): Raised $647 million in equity capital through committed equity facility. Increased treasury from initial 12.5 million to 29.3 million HYPE tokens. Created fortress balance sheet, with $149.9 million in cash and cash like instruments 1 and zero debt. Launched Hyperliquid Strategies x Unit validator, the third largest Hyperliquid validator. 2 Hyperliquid Ecosystem Momentum 3 Momentum continues to build around the adoption of the blockchain by the global finance system. Proven product-market fit and successful use cases involve the accelerating adoption of perpetual futures, stablecoins , onchain real world assets ("RWA") and prediction markets. Hyperliquid is at the forefront of all of these developments with a dominant market presence in the onchain trading of perpetual futures, a hallmark revenue share arrangement associated with stablecoin usage on its trading platform, a quickly expanding range of RWA perps that is starting to serve as a credible source of price discovery when traditional markets are closed, and an emerging presence in prediction markets. Hyperliquid continues to generate an increasingly diversified stream of fees (with about $945 million in value accruing to the Hyperliquid ecosystem for the 12 months ended June 30, 2026 4 ), processing billions in daily trading volumes, with much of the value generated by the Hyperliquid ecosystem directly accruing to the HYPE token through programmatic HYPE token buybacks. As a result, the HYPE token appreciated about 77% during the quarter ended June 30, 2026, while the total digital asset market capitalization declined approximately 13%. Recent key developments within the Hyperliquid ecosystem include: Record share of the global derivatives market. Hyperliquid's share of global perpetual futures volume, including centralized exchanges, reached an all-time high of approximately 9.4% as of June 30, 2026 5 and Hyperliquid accounted for about 63% of all decentralized perpetuals open interest as of August 23, 2026 6 — more than five times its nearest competitor. Real-world asset perps scaled from experiment to core market . In July 2026, RWA markets exceeded 50% of weekly platform volume for two consecutive weeks 6 , and HIP-3 open interest surpassed $4 billion for the first time during the month of August 2026 7 . Institutional distribution built directly on Hyperliquid. In July 2026, VALR became the first major regulated centralized exchange to build on Hyperliquid, launching more than 200 perpetual markets using Hyperliquid for execution and liquidity. New product categories delivered . outcome markets went live in May 2026, expanding in the same quarter to multi-outcome and macroeconomic event contracts; portfolio margin entered beta, enhancing capital efficiency across perpetual...