Hyperliquid just dropped clarity on that massive unlock everyone's been eyeing. The project confirmed they released 1.75 million HYPE tokens—north of $60 million at current prices—but here's the twist: this wasn't some surprise dump.

Turns out the unlock was baked into their vesting roadmap from day one, earmarked exclusively for the people actually building the protocol. Developers and core contributors who've been grinding got their scheduled allocation, nothing more.

What's probably more interesting? The team made a point to shut down speculation about investor tokens hitting the market. Zero investor unlock happened here. That's a pretty important distinction when communities are usually bracing for VC bag dumps.

So while $60M sounds dramatic in a headline, the context matters. Pre-planned contributor vesting versus unannounced investor liquidity events are two completely different animals in tokenomics.