PANews reported on November 12 that, according to MLM monitoring, several hours ago, Paradigm staked 14.7 million HYPE tokens (worth $581 million) and transferred 3.02 million HYPE tokens (worth $119 million) to Hyperevm; the latter then transferred these tokens to a newly created wallet, which is likely used for Sonnet. Most of the staked HYPE has been delegated to Anchorage by Figment nodes, but a portion of the staked balance remains unstaken. A total of 1.41 million HYPE (worth $55.9 million) exists unstaken in their spot balances, outside of the staked balance. This has driven the SWPE (supply-weighted price-to-earnings ratio) down to a record low of 1.90.PANews reported on November 12 that, according to MLM monitoring, several hours ago, Paradigm staked 14.7 million HYPE tokens (worth $581 million) and transferred 3.02 million HYPE tokens (worth $119 million) to Hyperevm; the latter then transferred these tokens to a newly created wallet, which is likely used for Sonnet. Most of the staked HYPE has been delegated to Anchorage by Figment nodes, but a portion of the staked balance remains unstaken. A total of 1.41 million HYPE (worth $55.9 million) exists unstaken in their spot balances, outside of the staked balance. This has driven the SWPE (supply-weighted price-to-earnings ratio) down to a record low of 1.90.
Paradigm pledged 14.7 million HYPE tokens a few hours ago and transferred 3.02 million HYPE tokens to Hyperevm.
PANews reported on November 12 that, according to MLM monitoring, several hours ago, Paradigm staked 14.7 million HYPE tokens (worth $581 million) and transferred 3.02 million HYPE tokens (worth $119 million) to Hyperevm; the latter then transferred these tokens to a newly created wallet, which is likely used for Sonnet.
Most of the staked HYPE has been delegated to Anchorage by Figment nodes, but a portion of the staked balance remains unstaken. A total of 1.41 million HYPE (worth $55.9 million) exists unstaken in their spot balances, outside of the staked balance. This has driven the SWPE (supply-weighted price-to-earnings ratio) down to a record low of 1.90.
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