Hyperion DeFi reported net profit of $39.59 million for the third quarter of 2026 and held approximately 1.848 million HYPE as of September 30. According to Foresight News, the Nasdaq-listed HYPE treasury company (Nasdaq: HYPD) disclosed the figures in a filing with the U.S. Securities and Exchange Commission.

The company’s HYPE holdings were down from 2.04 million at the end of the second quarter, mainly because it sold tokens to repay debt. Its average purchase cost was $40 per HYPE, and its net asset value was approximately $182.4 million.

Hyperion DeFi recorded $785,000 in staking revenue for the quarter, up 49% from the previous quarter, and earned approximately 10,885 HYPE through staking and validator operations. As of October 31, about 6.3 million HYPE had been delegated to its validators.

Revenue rose 168% year over year to $810,000. Net profit was up from $6.63 million in the same quarter last year. Adjusted EBITDA was $48.66 million, down from $53.65 million in the second quarter, primarily due to a $5.7 million LST adjustment. Cash, cash equivalents and stablecoins totaled $14.54 million as of September 30.

The company said it repaid an approximately $8.6 million loan from Avenue Capital, clearing all historical debt. In September, it repurchased 240,124 shares for approximately $788,000. Hyperion DeFi reiterated its full-year 2026 adjusted gross profit guidance of $7 million to $8 million.