Toronto, Ontario–(Newsfile Corp. – October 1, 2025) – HYLQ Strategy Corp. (CSE: HYLQ) (formerly, Tony G Co-Investment Holdings Ltd.) (the “Company” or “HYLQ Strategy“) is pleased to announce that it has successfully deployed 53,963 HYPE tokens into Kinetiq’s iHYPE pool, an institutional-grade liquid staking solution built natively on Hyperliquid.
Through participation in the iHYPE program, the Company will earn a 2.2% annualized yield on its HYPE treasury while simultaneously receiving iHYPE liquid staking tokens. These tokens unlock new capital efficiency opportunities, enabling the Company to use its staked position as collateral across the HyperEVM ecosystem and with select offchain partners.
“Becoming an iHYPE participant marks another important step forward in our mission to maximize the value of our HYPE treasury for shareholders,” said Matt Zahab, Chief Executive Officer of HYLQ Strategy Corp. “Not only will we generate a consistent staking yield of 2.2%, but our iHYPE holdings also provide us with enhanced flexibility to participate in broader Hyperliquid ecosystem opportunities.”
Kinetiq’s iHYPE initiative is designed exclusively for institutional entities that undergo KYB/AML verification and compliance onboarding. As part of this strategic deployment, HYLQ joins a growing cohort of early participants in Kinetiq’s program. Kinetiq is secured by industry-leading auditors like: Spearbit, Pashov Audit Group, Zenith, code4rena, and The Secure Staking Alliance.
About the Company
HYLQ Strategy Corp. (CSE: HYLQ) is a Canadian investment company dedicated to building long-term shareholder value through strategic exposure to the Hyperliquid ecosystem. HYLQ is focused on three main initiatives: 1) Accumulating $HYPE tokens, the native token of Hyperliquid; 2) Investing in companies within the Hyperliquid ecosystem; 3) Growing and incubating Hyperliquid-based businesses. HYLQ’s goal is to give public market investors direct, institutional-grade access to Hyperliquid’s growth. The company’s mission is to be the leading public vehicle for exposure to Hyperliquid’s next-generation digital asset infrastructure. For more information, please contact:
Matt Zahab Chief Executive Officer Tel: (647) 365-2867 Email: contact@hylq.com
This news release contains “forward-looking information” within the meaning of applicable securities laws. Generally, any statements that are not historical facts may contain forward-looking information and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or indicates that certain actions, events or results “may”, “could”, “would”, “might” or “will be” taken, “occur” or “be achieved”.
Forward-looking statements in this news release include statements regarding the company’s future investing plans and strategies, the growth of the Hyperliquid ecosystem, and the Company’s investments. There is no assurance that the Company’s plans or objectives will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.
There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Toronto, Ontario–(Newsfile Corp. – September 15, 2025) – HYLQ Strategy Corp. (CSE: HYLQ) (formerly, Tony G Co-Investment Holdings Ltd.) (the “Company” or “HYLQ Strategy“) is pleased to announce that it has completed the purchase of an aggregate of 5,000 HYPE tokens (the “Tokens“), the native asset of the Hyperliquid ecosystem, as part of its long-term digital asset strategy, at an average purchase price of $52.468 per Token (total purchase price of US$262,340). As of the date hereof, the Company currently holds an aggregate of 38,961.53 Tokens.
About the Company
HYLQ Strategy Corp. (CSE: HYLQ) is a Canadian investment company dedicated to building long-term shareholder value through strategic exposure to the Hyperliquid ecosystem. HYLQ is focused on three main initiatives: 1) Accumulating $HYPE tokens, the native token of Hyperliquid; 2) Investing in companies within the Hyperliquid ecosystem; 3) Growing and incubating Hyperliquid-based businesses. HYLQ’s goal is to give public market investors direct, institutional-grade access to Hyperliquid’s growth. The company’s mission is to be the leading public vehicle for exposure to Hyperliquid’s next-generation digital asset infrastructure.
This news release contains “forward-looking information” within the meaning of applicable securities laws. Generally, any statements that are not historical facts may contain forward-looking information and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or indicates that certain actions, events or results “may”, “could”, “would”, “might” or “will be” taken, “occur” or “be achieved”.
Forward-looking statements in this news release include statements regarding the company’s future investing plans and strategies, the growth of the Hyperliquid ecosystem, and the Company’s investments. There is no assurance that the Company’s plans or objectives will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.
There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Toronto, Ontario–(Newsfile Corp. – September 10, 2025) – HYLQ Strategy Corp. (CSE: HYLQ) (formerly, Tony G Co-Investment Holdings Ltd.) (the “Company” or “HYLQ Strategy“) is pleased to announce that it has completed the purchase of an aggregate of 5,000 HYPE tokens (the “Tokens“), the native asset of the Hyperliquid ecosystem, as part of its long-term digital asset strategy, at an average purchase price of $53.748 per Token (total purchase price of US$268,740). As of the date hereof, the Company currently holds an aggregate of 33,961.53 Tokens.
“Our approach has never been about making a single, oversized purchase. Instead, we intend to accumulate HYPE tokens at fair entry points over time. This disciplined strategy allows us to steadily increase our position while maintaining flexibility, all in alignment with our long-term conviction in the Hyperliquid ecosystem.”
In addition, in connection with the Company’s previously completed non-brokered private placement which was completed on September 5, 2025 (the “Offering“), the Company has paid Harshell Investments Pty Ltd. a cash advisory fee in the amount of $9,270.
This news release contains “forward-looking information” within the meaning of applicable securities laws. Generally, any statements that are not historical facts may contain forward-looking information and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or indicates that certain actions, events or results “may”, “could”, “would”, “might” or “will be” taken, “occur” or “be achieved”.
Forward-looking statements in this news release include statements regarding the company’s future investing plans and strategies, the growth of the Hyperliquid ecosystem, and the Company’s investments. There is no assurance that the Company’s plans or objectives will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.
There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
oronto, Ontario–(Newsfile Corp. – September 8, 2025) – HYLQ Strategy Corp. (CSE: HYLQ) (formerly, Tony G Co-Investment Holdings Ltd.) (the “Company” or “HYLQ Strategy“) is pleased to announce that, further to its press releases of July 23, 2025, and August 18, 2025, the Company has closed the final tranche of its non-brokered private placement financing through the issuance of 1,995,979 units (the “Units“) at a price of $1.50 per Unit for gross proceeds of $2,993,968.50 (the “Offering“). In total, the Company issued an aggregate of 5,333,332 Units in the first and final tranches of the Offering for gross proceeds of $7,999,998.
Each Unit was comprised of one common share of the Company (each, a “Common Share“) and one whole Common Share purchase warrant (each, a “Warrant“) of the Company. Each Warrant entitling the holder thereof to purchase one Common Share at a price of $1.75 per Common Share for a period of twenty-four (24) months from the date of issuance, provided, however, that should the closing price at which the Common Shares trade on the Canadian Securities Exchange (or any such other stock exchange in Canada as the Common Shares may trade at the applicable time) exceed $3.50 for ninety (90) consecutive trading days at any time following the date that is four months and one day after the date of issuance, the Company may accelerate the Warrant term (the “Reduced Warrant Term“) such that the Warrants shall expire on the date which is 30 business days following the date a press release is issued by the Company announcing the Reduced Warrant Term.
In connection with the closing of the Offering, the Company paid certain eligible persons a cash commission in the amount of $72,720 and issued an aggregate of 48,480 broker warrants (each, a “Broker Warrant“). Each Broker Warrant is exercisable at $1.75 for a period of twenty-four (24) months from the date of issuance, provided, however, that should the closing price at which the Common Shares trade on the Canadian Securities Exchange (or any such other stock exchange in Canada as the Common Shares may trade at the applicable time) exceed $3.50 for ninety (90) consecutive trading days at any time following the date that is four months and one day after the date of issuance, the Company may accelerate the Broker Warrant term (the “Reduced Broker Warrant Term“) such that the Broker Warrants shall expire on the date which is 30 business days following the date a press release is issued by the Company announcing the Reduced Broker Warrant Term.
Gross proceeds raised from the Offering will be used to purchase $HYPE (Hyperliquid tokens) for HYLQ’s treasury, investments in the Hyperliquid ecosystem and general working capital purposes. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.
The Offering constituted a related party transaction within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“) as insiders of the Company subscribed for an aggregate of 408,653 Units. The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101, as the Company is not listed on a specified market and the fair market value of the participation in the Offering by insiders does not exceed 25% of the market capitalization of the Company in accordance with MI 61-101. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the of the Offering, which the Company deems reasonable in the circumstances in order to complete the Offering in an expeditious manner.
This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
For more information, please contact:
Matt Zahab Chief Executive Officer Tel: (647) 365-2867 Email: contact@hylq.com
This news release contains certain “forward-looking information” within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Toronto, Ontario–(Newsfile Corp. – August 18, 2025) – HYLQ Strategy Corp. (CSE: HYLQ) (formerly, Tony G Co-Investment Holdings Ltd.) (the “Company” or “HYLQ Strategy“) is pleased to announce that, further to its press release of July 23, 2025, the Company has closed the initial tranche of its non-brokered private placement financing through the issuance of 3,337,353 units (the “Units“) at a price of $1.50 per Unit for gross proceeds of $5,006,029.50 (the “Offering“).
Each Unit was comprised of one common share of the Company (each, a “Common Share“) and one whole Common Share purchase warrant (each, a “Warrant“) of the Company. Each Warrant entitling the holder thereof to purchase one Common Share at a price of $1.75 per Common Share for a period of twenty-four (24) months from the date of issuance, provided, however, that should the closing price at which the Common Shares trade on the Canadian Securities Exchange (or any such other stock exchange in Canada as the Common Shares may trade at the applicable time) exceed $3.50 for ninety (90) consecutive trading days at any time following the date that is four months and one day after the date of issuance, the Company may accelerate the Warrant term (the “Reduced Warrant Term“) such that the Warrants shall expire on the date which is 30 business days following the date a press release is issued by the Company announcing the Reduced Warrant Term.
In connection with the closing of the Offering, the Company paid certain eligible persons a cash commission in the amount of $74,976 and issued an aggregate of 49,984 broker warrants (each, a “Broker Warrant“) equal to 6% of the number of securities issued pursuant to the Offering. Each Broker Warrant is exercisable at $1.75 for a period of twenty-four (24) months from the date of issuance, provided, however, that should the closing price at which the Common Shares trade on the Canadian Securities Exchange (or any such other stock exchange in Canada as the Common Shares may trade at the applicable time) exceed $3.50 for ninety (90) consecutive trading days at any time following the date that is four months and one day after the date of issuance, the Company may accelerate the Broker Warrant term (the “Reduced Broker Warrant Term“) such that the Broker Warrants shall expire on the date which is 30 business days following the date a press release is issued by the Company announcing the Reduced Broker Warrant Term.
Gross proceeds raised from the Offering will be used to purchase $HYPE (Hyperliquid tokens) for HYLQ’s treasury, investments in the Hyperliquid ecosystem and general working capital purposes. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.
The Offering constituted a related party transaction within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“) as insiders of the Company subscribed for an aggregate of 1,300,078 Common Shares. The Company is relying on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101, as the Company is not listed on a specified market and the fair market value of the participation in the Offering by insiders does not exceed 25% of the market capitalization of the Company in accordance with MI 61-101. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the of the Offering, which the Company deems reasonable in the circumstances in order to complete the Offering in an expeditious manner.
Prior to the completion of Offering, Mr. Antanas Guoga beneficially owned or controlled an aggregate of 1,431,825 Common Shares and 321,500 stock options, representing approximately 10.85% of the Company’s issued and outstanding Common Shares on an undiluted basis and approximately 12.97% on a partially diluted basis. Following the completion of the Offering, Mr. Guoga beneficially owns and controls, an aggregate of 2,727,589 Common Shares, 1,295,764 Warrants and 321,500 stock options, representing approximately 16.50% of the Company’s issued and outstanding Common Shares on an undiluted basis and 23.94% on a partially diluted basis. Depending on market and other conditions, or as future circumstances may dictate, Mr. Guoga may from time to time increase or decrease his holdings of Common Shares or other securities of the Company. A copy of the early warning report will be available on the Company’s issuer profile on SEDAR+ at www.sedarplus.ca.
This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
For more information, please contact: Matt Zahab Chief Executive Officer Tel: (647) 365-2867 Email: contact@hylq.com
This news release contains certain “forward-looking information” within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
HYLQ Announces Private PlacementToronto, Ontario–(Newsfile Corp. – July 23, 2025) – HYLQ Strategy Corp. (CSE: HYLQ) (formerly, Tony G Co-Investment Holdings Ltd.) (the “Company” or “HYLQ Strategy”) is pleased to announce a non-brokered private placement financing for gross proceeds of up to $8,000,000 through the issuance of up to 5,333,333 units (the “Units”) at a price of $1.50 per Unit (the “Offering”).
Each Unit is comprised of one common share of the Company (each, a “Common Share“) and one whole Common Share purchase warrant (each, a “Warrant“) of the Company. Each Warrant entitling the holder thereof to purchase one Common Share at a price of $1.75 per Common Share for a period of twenty-four (24) months from the date of issuance, provided, however, that should the closing price at which the Common Shares trade on the Canadian Securities Exchange (or any such other stock exchange in Canada as the Common Shares may trade at the applicable time) exceed $3.50 for ninety (90) consecutive trading days at any time following the date that is four months and one day after the date of issuance, the Company may accelerate the Warrant term (the “Reduced Warrant Term“) such that the Warrants shall expire on the date which is 30 business days following the date a press release is issued by the Company announcing the Reduced Warrant Term.
Gross proceeds raised from the Offering will be used to purchase $HYPE (Hyperliquid tokens) for HYLQ’s treasury, investments in the Hyperliquid ecosystem and general working capital purposes.
Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of Canadian Securities Exchange. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.
This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
For more information, please contact:
Matt Zahab Chief Executive Officer Tel: (647) 365-2867 Email: contact@hylq.com
This news release contains certain “forward-looking information” within the meaning of applicable securities laws. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Toronto, Ontario – July 2, 2025 – HYLQ Strategy Corp. (formerly, Tony G Co-Investment Holdings Ltd.) (the “Company” or “HYLQ Strategy”) (CSE: HYLQ) is pleased to announce that it has completed the purchase of an aggregate of 3,573.84886 HyperLiquid’s HYPE token (the “Tokens“), the native asset of the HyperLiquid ecosystem, as part of its long-term digital asset strategy, at an average purchase price of US$39.59 per Token (total purchase price of US$141,485.74). As of the date hereof, the Company currently holds an aggregate of 28,961.53386 Tokens.
This news release contains certain “forward-looking information” within the meaning of applicable securities laws. Forward looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information. Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
The decentralized finance (DeFi) space has been searching for the holy grail: a platform that combines the speed and user experience of centralized exchanges with the security and transparency of decentralized systems. Enter Hyperliquid – a revolutionary trading platform that’s redefining what’s possible in decentralized trading.
If you’re new to Hyperliquid or wondering what all the buzz is about, this comprehensive guide will walk you through everything you need to know about this game-changing platform.
What is Hyperliquid?
Hyperliquid is a high-performance decentralized exchange (DEX) built on its own custom Layer-1 blockchain. Unlike traditional DEXs that struggle with slow speeds and poor user experience, Hyperliquid delivers lightning-fast trading with sub-second confirmation times – rivaling the best centralized exchanges.
Here’s what makes Hyperliquid special:
Built from the ground up: Hyperliquid runs on its own purpose-built blockchain, not on Ethereum or other existing networks
Fully on-chain order book: Every trade, order, and cancellation is recorded transparently on the blockchain
Instant trading: No need to confirm every transaction – trade with one click like on traditional exchanges
Zero gas fees: Users only pay low trading fees, no blockchain gas costs
Community-owned: 70% of tokens went to users, not venture capitalists
Why Was Hyperliquid Created?
The founders, Jeff Yan and Iliensinc (both Harvard alumni with backgrounds at Google and high-frequency trading firms), were frustrated with existing DeFi platforms. Despite being profitable traders on these platforms, they recognized three major problems:
1. Speed Issues
Traditional DEXs are painfully slow. Confirming trades can take minutes, making active trading nearly impossible.
2. Poor User Experience
Having to sign confirmations for every single trade creates friction that professional traders simply won’t tolerate.
3. Technical Limitations
Most DEXs use Automated Market Makers (AMMs) which create slippage and inefficient pricing, rather than the order book system that professional traders prefer.
The team decided to solve these problems by building an entirely new blockchain optimized specifically for trading.
Allows developers to build smart contracts and DApps
Seamlessly integrates with the trading engine
Fully On-Chain Order Book Unlike most DEXs that use liquidity pools, Hyperliquid uses a traditional order book system where buyers and sellers place orders that get matched based on price and time priority – just like professional trading platforms.
Key Features That Set Hyperliquid Apart
1. One-Click Trading After initial wallet connection, you can trade instantly without signing each transaction. This creates a seamless experience comparable to centralized exchanges.
2. Zero Gas Fees Trading on Hyperliquid doesn’t require gas payments. You only pay:
Maker fees: 0.01% (when you add liquidity)
Taker fees: 0.035% (when you remove liquidity)
3. Multiple Asset Support Trade perpetual contracts for major cryptocurrencies including Bitcoin, Ethereum, Solana, and many others, all using USDC as collateral.
4. Advanced Order Types
Market orders
Limit orders
Stop losses
Take profit orders
And more sophisticated trading tools
What Can You Do on Hyperliquid?
1. Perpetual Trading
Trade cryptocurrency price movements without owning the actual tokens. Use up to 50x leverage to amplify your positions (though remember: higher leverage = higher risk).
2. Spot Trading
Buy and sell actual cryptocurrencies directly.
3. Vault Participation
Deposit funds into trading vaults managed by experienced traders and share in their profits:
HLP (Hyperliquidity Provider) Vault: The main protocol vault that provides liquidity and earns from trading fees. It’s community-owned with no management fees.
User Vaults: Created by individual traders where you can follow their strategies. Vault creators earn 10% of profits.
4. Staking
Stake HYPE tokens to help secure the network and earn approximately 2.5% annual rewards. Staking has:
No minimum amount required
1-day lockup to delegate
8-day unstaking period (1 day + 7 day queue)
Understanding the HYPE Token
HYPE is Hyperliquid’s native token with a fixed supply of 1 billion tokens. Here’s how they’re distributed:
38.9%: Future emissions and community rewards
31.0%: Genesis airdrop to early users (fully circulating)
23.8%: Core contributors (locked until 2027-2028)
6.0%: Hyper Foundation
0.3%: Community grants
What HYPE is Used For:
1. Network Security: Stake HYPE to validate transactions and earn rewards
2. Governance: Vote on protocol upgrades and important decisions
3. Fee Payments: Pay for transactions on HyperEVM (when it fully launches)
4. Value Accrual: The protocol uses trading revenue to buy back and remove HYPE from circulation
The Buyback Mechanism
This is crucial to understand: All platform revenue goes back to the community, not to insiders. Revenue is split:
46% to HLP vault participants
54% to the “Assistance Fund” which buys back HYPE tokens
The platform currently generates about $1 million daily in revenue, creating consistent buying pressure for HYPE tokens.
How to Get Started on Hyperliquid
Step 1: Choose Your Login Method
You can access Hyperliquid in two ways:
Email Login (Easiest for beginners):
Go to app.hyperliquid.xyz
Click “Connect” and enter your email
Enter the 6-digit code sent to your email
A new wallet address is automatically created for you
Wallet Connection (For experienced users):
Use MetaMask, Rabby, or other EVM-compatible wallets
Connect at app.hyperliquid.xyz
Sign to enable trading (one-time setup)
Step 2: Deposit Funds
You can deposit:
USDC on Arbitrum (main trading collateral)
BTC on Bitcoin network
ETH on Ethereum
SOL on Solana
Note: Only USDC is used as trading collateral for perpetuals. Other assets must be sold for USDC first.
Step 3: Start Trading
Select the asset you want to trade
Choose long (expecting price to rise) or short (expecting price to fall)
Set your position size and leverage
Click “Place Order”
Withdrawal Process
Click “Withdraw” on the trading interface
Enter the amount to withdraw
Pay a $1 withdrawal fee (no gas fees)
Funds arrive on Arbitrum
Hyperliquid Vaults Explained
Vaults are one of Hyperliquid’s most innovative features, allowing you to benefit from professional trading without doing it yourself.
How Vaults Work
Think of vaults like investment funds:
You deposit USDC into a vault
The vault leader trades with the combined funds
You earn a proportional share of profits (or losses)
Vault leaders typically take 10% of profits as fees
Example:
You deposit 100 USDC into a 900 USDC vault (you own 10%)
The vault grows to 2,000 USDC through successful trading
Your share becomes 200 USDC
After 10% fee to vault leader, you can withdraw 190 USDC (90% profit!)
Types of Vaults:
HLP (Protocol Vault):
Community-owned market making vault
No management fees
4-day withdrawal lockup
Earns from trading fees and liquidations
User Vaults:
Created by individual traders
10% performance fee
1-day withdrawal lockup
Can follow specific trading strategies
The Revolutionary Airdrop
Hyperliquid made waves in late 2024 with one of the most successful airdrops in crypto history:
Rejected VC funding: Unlike most projects, Hyperliquid refused venture capital
Community-first: 31% of total supply went directly to users
Based on usage: Rewards were based on actual platform usage, not farming
Price performance: HYPE token surged from $4 to over $16 after launch
Continued growth: Unlike typical airdrops, platform usage increased after the token distribution
This approach earned massive respect in the crypto community and showed that user-focused token distribution works.
Risks and Considerations
While Hyperliquid is innovative, it’s important to understand the risks:
Technical Risks
New technology: Custom blockchain means untested edge cases could emerge
Validator dependency: Currently only ~16 validators secure the network
Smart contract risk: All DeFi platforms carry smart contract vulnerabilities
Market Risks
Perpetual trading: High leverage can lead to rapid losses
HYPE volatility: Token price can be highly volatile
Platform dependency: All funds are on Hyperliquid’s blockchain
Regulatory Risks
Unclear regulations: DeFi regulations are still evolving globally
Compliance requirements: Future regulatory changes could impact operations
Hyperliquid vs Competitors
vs Centralized Exchanges (Binance, Coinbase)
Advantages: No KYC, you control your funds, transparent operations, community ownership Disadvantages: Smaller user base, newer technology, limited fiat onramps
vs Other DEXs (dYdX, GMX)
Advantages: Faster speeds, better UX, lower slippage, full on-chain order book
vs Traditional DeFi (Uniswap, Aave)
Advantages: Professional trading tools, better execution, integrated ecosystem
The Future of Hyperliquid
The roadmap includes several exciting developments:
Short Term
Full HyperEVM launch: Complete smart contract platform
More trading pairs: Additional perpetual and spot markets
Enhanced vault system: More sophisticated investment strategies
Long Term
Cross-chain bridges: Connect to more blockchains beyond Arbitrum
Ecosystem expansion: More DApps built on HyperEVM
Institutional features: Tools for professional traders and institutions
Getting Started: A Practical Checklist
Ready to try Hyperliquid? Here’s your step-by-step checklist:
Education Phase
Read this guide thoroughly
Watch Hyperliquid tutorial videos
Join the Discord community
Practice with small amounts first
Setup Phase
Decide: Email login or wallet connection?
Set up your account at app.hyperliquid.xyz
Enable trading (one-time authorization)
Bookmark the platform
Funding Phase
Get USDC on Arbitrum (easiest method)
Deposit to Hyperliquid (small amount first)
Verify your deposit arrived correctly
Trading Phase
Start with simple spot trades
Try small perpetual positions
Experiment with different order types
Consider vault participation
Advanced Phase
Explore staking HYPE tokens
Create or join specialized vaults
Use advanced trading features
Provide feedback to the community
Final Thoughts: Is Hyperliquid Right for You?
Hyperliquid represents a major leap forward in decentralized trading technology. It successfully bridges the gap between the speed of centralized exchanges and the security of decentralized systems.
You might love Hyperliquid if you:
Want professional-grade trading tools in DeFi
Appreciate fast, smooth user experiences
Believe in community-owned platforms
Enjoy participating in cutting-edge technology
You might want to wait if you:
Prefer simple buy-and-hold investing
Are uncomfortable with new, unproven technology
Don’t want to learn complex trading concepts
Prefer platforms with longer track records
Key Takeaways
Hyperliquid is redefining DEX standards with centralized exchange speeds and decentralized security
The platform is community-owned with 70% of tokens going to users, not VCs
Technology is impressive but relatively new and untested at scale
Multiple ways to earn through trading, vaults, and staking
Start small and learn before committing significant funds
Whether you’re a seasoned trader or DeFi newcomer, Hyperliquid represents an exciting evolution in decentralized trading. As with any emerging technology, approach with curiosity, caution, and a willingness to learn.
Disclaimer: This article is for educational purposes only and does not constitute financial advice. Cryptocurrency trading involves significant risks, and you should only invest what you can afford to lose. Always do your own research and consider consulting with financial professionals.
What questions do you have about Hyperliquid? Share your thoughts in the comments below, and don’t forget to follow us for more DeFi education content!
Toronto, Ontario – June 26, 2025 – HYLQ Strategy Corp. (formerly, Tony G Co-Investment Holdings Ltd.) (the “Company” or “HYLQ Strategy”) (CSE: HYLQ) is pleased to announce that it has completed the purchase of an aggregate of 5,000 HyperLiquid’s HYPE token (the “Tokens”), the native asset of the HyperLiquid ecosystem, as part of its long-term digital asset strategy, at an average purchase price of US$37.12 per Token (total purchase price of US$185,614.04). As of the date hereof, the Company currently holds an aggregate of 25,387.685 Tokens.
This news release contains certain “forward-looking information” within the meaning of applicable securities laws. Forward looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information. Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Toronto, Ontario – June 23, 2025 – HYLQ Strategy Corp. (formerly, Tony G Co-Investment Holdings Ltd.) (the “Company” or “HYLQ Strategy“) (CSE: HYLQ) is proud to announce a strategic partnership with Kinetiq (“Kinetiq”), the leading liquid staking protocol built natively on Hyperliquid, to be carried out in accordance with a non-binding letter of intent (the “LOI“) dated June 23, 2025, with Kinetiq.
This partnership marks a significant step forward in the Company’s mission to deliver diversified, high-conviction exposure to the most innovative projects in the Hyperliquid ecosystem.
Kinetiq brings institutional-grade infrastructure to liquid staking, enabling users to unlock yield while maintaining liquidity and composability within the Hyperliquid Ethereum Virtual Machine (“HyperEVM“). As part of the collaboration, HYLQ Strategy will integrate Kinetiq’s staking solutions into its treasury strategy, leveraging yield-bearing assets to enhance capital efficiency and long-term token exposure. This move aligns with our core thesis: Hyperliquid represents the next frontier of decentralized finance, and liquid staking is a foundational primitive in that future.
“Kinetiq is building critical infrastructure for Hyperliquid’s staking economy,” said Matt Zahab, CEO of HYLQ Strategy. “This partnership gives us access to next-gen staking yield while maintaining flexibility across the Hyperliquid ecosystem. We believe Kinetiq will play a key role in scaling native DeFi on HyperEVM.”
The completion of the transaction contemplated by the LOI remains subject to the Company and Kinetiq entering into a definitive agreement and the approval of all regulatory and other approvals, including the approval of the Canadian Securities Exchange.
This news release contains certain “forward-looking information” within the meaning of applicable securities laws. Forward looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information. Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
