Hyperliquid-focused treasury company Hyperion DeFi continues to buck the downturn weighing on publicly listed digital asset treasury (DAT) firms, reporting record quarterly profits of $31 million — more than triple the $8.8 million it earned during the previous quarter.
The gross value of the company's HYPE holdings increased to $133 million during the second quarter, up from $71 million at the end of Q1 2026.
This is the second-consecutive quarter Hyperion has set a new quarterly record for net income.
In Q2 2025, the company reported a net loss of nearly $9 million.
"We have redefined what it means to be a digital asset treasury.
