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![Oggy_Defi Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1871395101022531584.png) Oggy.hl [@Oggy_Defi](/creator/twitter/Oggy_Defi) on x 1864 followers
Created: 2025-07-17 13:17:28 UTC

Hyperliquid Strategies Inc. & $HYPE: A Bold Move in a Growing Ecosystem

Earlier this week, Hyperliquid started making headlines again, this time not from airdrops or new dApps, but from a major financial move.

Hyperliquid Strategies Inc., a newly formed entity from the merger between Nasdaq-listed Sonnet BioTherapeutics and Rorschach, announced plans to create a $583M treasury centered around the $HYPE token.

Hold 12.6M HYPE and $305M cash, with intent to acquire more $HYPE over time.

Why it stands out:

A few points worth noting:
- It’s rare to see a non-EVM chain’s native token at the center of a major corporate treasury.
- Instead of holding BTC, ETH, or stables, the fund is committing directly to $HYPE. A strong signal of long-term alignment.
- The market responded, pushing $HYPE toward the $XX resistance. A clean breakout could shift sentiment further.

The Bigger Picture

With products like @hyperlendx , @felixprotocol , and airdrop-focused DEXs emerging, Hyperliquid seems to be building more than just a fast perp exchange.

This treasury move could mark the beginning of a new incentive-driven era, where native token economies drive real protocol expansion.

Something to keep an eye on.

Hyperliquid.

![](https://pbs.twimg.com/media/GwD-ZjrW4AEZCrr.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945835243401064661/c:line.svg)

**Related Topics**
[$583m](/topic/$583m)
[corporate finance](/topic/corporate-finance)
[hyperliquid](/topic/hyperliquid)
[$hype](/topic/$hype)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/Oggy_Defi/status/1945835243401064661)