1 CoinMarketCap.com as of 10/07/2026. Excludes stablecoins.
2 CryptoRank, as of 10/07/2026. HYPE reached an all-time high on 09/23/2026. Token performance does not represent actual Grayscale Fund performance, and actual performance may be lower than spot token performance. For actual fund performance, please visit www.grayscale.com
3 "Payward Intends to Bring Onchain Perpetual Futures to US Clients, Starting on Hyperliquid," Payward.com, 09/16/2026. Proposed US markets remain subject to regulatory approval.
4 Based on management fee of 0.29%. Brokerage fees and other expenses may still apply.
5 As of 10/07/2026.
6 Stakingrewards.com. Historical daily average measured from 05/01/25 to 04/21/26. The rate stated is the Gross Staking Rewards which reflects the average Staking Rewards earned by the Fund on staked assets over the prior 60 calendar days, annualized using a 360-day calendar methodology. This is a historical figure and is not a projection of future rewards. Staking rewards are not issued directly to investors. The gross staking percentage is not a performance measure earned by investors. Staking rewards are not guaranteed, may change frequently and may be zero.
7 Largest crypto-focused asset manager based on AUM as of 09/30/2026. For other companies in this category, AUM is considered as of most recent public disclosure.
This information must be preceded or accompanied by a prospectus, which may be obtained by clicking here. Please read the prospectus carefully before investing.
This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change.
When a Fund stakes its underlying asset, the token is subject to the risks attendant to staking generally. Staking requires that the Fund lock up the token for the period of time required by the staking protocol, meaning that the Fund cannot sell or transfer the staked token, thereby making it illiquid for the period it is being staked. In addition, during the lock-up period, the Fund is subject to the market price volatility of underlying asset, and it may miss opportunities to sell during opportune times. During the unstaking period, the Fund may miss out on earning opportunities because, in some cases, the staked token may not earn rewards during the unstaking period or may only earn rewards during part of the unstaking period. Staked assets are also subject to security breaches, network downtime or attacks, smart contract vulnerabilities, and validator or custodian failure or compromise, which can result in a complete loss of the staked asset or a loss of any rewards. Potential staking rewards are earned by the Fund and not issued directly to investors.
Digital assets represent a new and rapidly evolving industry. The value of the Fund depends on the acceptance of the digital assets, the capabilities and development of blockchain technologies and the fundamental investment characteristics of the digital asset. Digital asset networks are developed by a diverse set of contributors and the perception that certain high-profile contributors will no longer contribute to the network could have an adverse effect on the market price of the related digital asset. Digital assets may have concentrated ownership and large sales or distributions by holders of such digital assets could have an adverse effect on the market price of such digital assets.
Foreside Fund Services, LLC is the marketing agent for HYPG.
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