According to CoinMeta, the Hyperliquid treasury company Hyperion DeFi reported a net profit of $31 million in the second quarter, more than tripling from $8.8 million in the first quarter. Its total HYPE holdings increased from $71 million to $133 million, with approximately 2 million HYPE held at the end of the quarter. The company also reached a cooperation with the HIP-3 deployer Entropy, pledging 500,000 HYPE and providing 500,000 HYPE to Skew Technologies to support the planned HIP-4 outcome markets. In after-hours trading, the Hyperion stock price rose by about 5%.