Wu said that Hyperithm's official announcement states that the net asset values (NAV) of mHYPER, mXRP, and mHyperBTC in Midas Vaults have been updated. Hyperithm emphasized that none of the vaults experienced any drawdowns, and the team has fully unwound their leveraged cycle positions on Aave. Additionally, the latest NAV report was generated by the Midas proof engine and independently verified by the risk assessment firm LlamaRisk. It is reported that Hyperithm has received investments from institutions such as Coinbase Ventures, Samsung Next, and Hashed.

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