Hyperliquid co-founder to distribute 1.2M HYPE from labs to team

Hyperliquid (HYPE) co-founder iliensinc announced on Discord that Hyperliquid Labs plans to unstake 1.2 million HYPE and distribute the tokens to its team on Jan. 6, 2026. The co-founder added that any subsequent distributions will take place on the 6th of each month.