{"url_path":"/sec/hypd/8-k/2026-06-05/item-8-01","section_key":"item-8-01","section_title":"Item 8.01 Other Events.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-05","source_url":"https://www.sec.gov/Archives/edgar/data/1682639/0001104659-26-071001-index.html","accession_number":"0001104659-26-071001","cik":"0001682639","ticker":"HYPD","issuer_name":"HYPERION DEFI, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1682639/0001104659-26-071001-index.html","primary_entity_key":"0001682639","primary_entity_name":"HYPERION DEFI, INC."},"word_count":339,"has_tables":true,"body_markdown":"**Item 8.01. Other Events.**\n\n \n\nAs Hyperion DeFi, Inc. (the “Company”)\nhas previously disclosed, on May 14, 2026, Native Markets, Inc. (“Native Markets”) announced plans to cease supporting\nthe USDH stablecoin and encouraged all holders to convert their holdings of USDH into USDC stablecoin or cash. Native Markets has granted\nCoinbase, Inc. (“Coinbase”) the rights to USDH’s brand assets, and Coinbase announced its plan to become the official\ndeployer of USDC as an aligned quote asset on Hyperliquid. In connection with Native Markets’ decision to end support of USDH, the\nCompany reviewed its use of and exposure to USDH with respect to its HYPE Asset Use Service (HAUS) agreement with Felix Foundation (“Felix”)\nand its agreement with Native Markets.\n\n \n\nOn May 18, 2026, Native Markets informed\nthe Company that it is terminating the Temporary Use Agreement between Native Markets and the Company, effective June 18, 2026. Under\nthe terms of the Temporary Use Agreement, we received payment of the fees owed to us under the agreement and all of our 300,000 HYPE (plus\naccrued HYPE from staking rewards) have been un-staked and were delivered back to us on June 3, 2026. As the Company has previously\ndisclosed, the value of the Company’s assets associated with our Native Markets transaction was approximately $10.4 million as of\nMarch 31, 2026.\n\n \n\nOn June 5, 2026, we agreed with Felix to wind\ndown our HAUS Agreement associated with their HIP-3 perpetual futures market. We anticipate unstaking our 500,000 HYPE tokens on June\n22, 2026 supporting our agreement with Felix pursuant to the terms of our HAUS agreement with them, and expect that we will receive all\nremaining payments owed to us under the agreement, and our HYPE will become fully available, by June 29, 2026. As the Company has previously\ndisclosed, the value of the Company’s assets associated with our HAUS Agreement with Felix was approximately $18.3 million as of\nMarch 31, 2026.\n\n \n\nWe intend to reposition the approximately 800,000\nHYPE tokens to strategies that we expect to be more profitable in the future."}