Important highlights:
- Hyperliquid Methods Inc. shall be listed on the Nasdaq at the moment, December 3, 2025.
- The corporate plans to take a position $888 million in HYPE-focused Treasury with a big share buyback program.
- Arthur Hayes has supported HyperLiquid up to now and warned concerning the shift in buying and selling from CEXs to DEXs.
Hyperliquid Methods Inc. will start buying and selling on Nasdaq below the ticker “PURR” starting at the moment, December 3, 2025, following its merger with Sonnet BioTherapeutics. With this itemizing announcement, market sentiment in the direction of the HYPE token instantly rose. The token is up 9%, starting from $33 to $38.
The transfer will present U.S. buyers with a safe and controlled approach to entry HyperLiquid’s quickly rising blockchain ecosystem, a community that at the moment leads perpetual futures buying and selling with billions in each day buying and selling quantity.
🔥 HyperLiquid Methods, Inc. frequent inventory is scheduled to start buying and selling on the Nasdaq on Wednesday, December third below the ticker $PURR
Hyperliquid Methods operates and serves as a capital reserve for HYPE Tokens, holding roughly $12.6 million in HYPE Tokens and $300 million in money… pic.twitter.com/mFeMVegFav
— Hyperliquid Each day (@HYPERDailyTK) December 3, 2025
Merger particulars allow HYPE monetary technique
With this announcement, HSI, at the moment managed by CEO David Shamis and Chairman Bob Diamond with assist from Paradigm and Atlas, accomplished the cope with Sonnet following a December 2 closing and a 5-for-1 inventory change. After the merger, HSI turned Sonet’s belongings right into a treasury primarily centered on the HYPE token.
The corporate is claimed to be investing $888 million in cryptocurrency methods, with roughly 65% of the funds going towards buying and utilizing HYPE for staking, incomes rewards, and collaborating within the Hyperliquid ecosystem. This method is similar to how MicroStrategy (now referred to as Technique) invested closely in Bitcoin.
Sonet will proceed as a subsidiary, however its previous shares will now not be traded. The corporate’s present purpose is to draw massive institutional buyers to PURR and provides them entry to Hyperliquid’s fast-growing trader-centric platform.
Unlock tokens to check buyback resilience
HYPE rose about 9% to a variety of $33.90 to $38.13, giving it a market worth of about $11.57 billion. This occurred regardless of the huge token unlocking on November twenty ninth including roughly $344-351 million price of recent provide to the market, which might usually result in a decline in token costs.
On the time of writing, the token worth was $34.39, up 9.66% up to now 24 hours, in line with CoinMarketCap. Buying and selling quantity additionally elevated by 19.72% up to now 24 hours.

HYPE 24 hour chart
One other huge cause why the worth has held up is that the corporate has been shopping for again quite a lot of HYPE. The platform spends greater than $600 million a yr (about $2 million to $5 million a day) on inventory buybacks, which helps steadiness promoting stress.
Arthur Hayes publicly helps HyperLiquid
As talked about above, HSI has invested an enormous quantity ($888 million) in its cryptocurrency plans, and a considerable amount of that cash (roughly $2 million to $5 million every day) is getting used to purchase again and stake HYPE. This transfer helps the token and reduces promoting stress.
It’s price noting right here that Arthur Hayes all the time emphasizes that the PerpDEX platform will solely win in the long term not solely with excessive buying and selling volumes, but in addition with a robust buyback program.
Arthur Hayes: Hyperliquid’s success is tough to copy, however Perp DEX race stays undecided
In an interview on the Coin Bureau channel with host Man on November third, Arthur Hayes mentioned that some up-and-coming Perp DEXs have an opportunity to take market share… pic.twitter.com/awBRG2YESX
— Wu Blockchain (@WuBlockchain) December 3, 2025
HSI is doubling down on HYPE’s share buybacks now that it is listed on the Nasdaq, primarily following the identical technique that Hayes believes will preserve the platform forward of its opponents.
Though total market sentiment is low (worry and greed index at 22), analysts imagine HYPE may revisit its all-time highs close to $59, particularly if DEXs proceed to take market away from centralized exchanges, as predicted by Arthur Hayes.
Additionally learn: HyperLiquid falls greater than 12% as a result of overbought correction

