Hyperion DeFi Raises 2026 Guidance and Authorizes Up to $20 Million Share Buyback

Hyperion DeFi said on September 8, 2026, that it raised its full-year 2026 adjusted gross profit guidance and authorized a share repurchase program of up to $20 million of common stock. According to ChainCatcher, the Nasdaq-listed company said it is the first U.S.-listed DeFi company built on Hyperliquid. The company lifted its full-year adjusted gross profit guidance to $7 million to $8 million from a previous range of $5 million to $7 million. It also said adjusted net operating cash flow is expected to turn positive in the third quarter of 2026, earlier than its prior expectation of by the end of 2026. Hyperion DeFi said it expects core operating income to turn positive in the third quarter, with adjusted gross profit from its core DeFi business likely to exceed operating expenses excluding stock-based compensation for the first time. Third-quarter adjusted gross profit guidance was set at $2 million to $2.5 million, while operating expenses excluding stock-based compensation were guided at $2 million to $2.25 million, implying core operating income of $0 to $500,000. The board authorized repurchases over a period of up to 12 months through open-market purchases, privately negotiated transactions, or block trades. The company said the plan may be extended, suspended, or terminated at any time. CEO Hyunsu Jung said recent DeFi business growth could allow the core business to break even on profit and cash flow in the third quarter, and said HYPD shares have recently traded at a discount of about 20% to 30% to net asset value.