Operator

Greetings. Welcome to the Hyperion DeFi 2026 First Quarter Earnings Conference Call. [Operator Instructions] Please note, this conference is being recorded.

I will now turn the conference over to Jason Assad, Director of Investor Relations. Thank you. You may begin.

Jason Assad
Investor Contact

Good morning, and welcome to Hyperion DeFi's 2026 First Quarter Earnings Call. Joining me today are CEO, Hyunsu Jung; and CFO, David Knox.

Before we get started, please note that our remarks today may include forward-looking statements. These statements are subject to risks and uncertainties, and actual results may differ materially. During this call, we may use words like anticipate, could, enable, estimate, intend, expect, believe, potential, will, should, project and similar expressions, which indicate forward-looking statements. For a more comprehensive discussion of these and other risks, please refer to our filings with the SEC available on sec.gov and in the IR section of our website at hyperiondefi.com.

We will also reference certain non-GAAP financial measures today. Please refer to our earnings release and earnings supplement on our website for a full reconciliation of these non-GAAP measures to the most comparable GAAP measures.

We will start this morning's call with prepared remarks from Hyunsu and David, followed by Q&A.

I'll now turn the call over to our CEO, Hyunsu Jung.

Hyunsu Jung
CEO, Chief Investment Officer & Director

Thank you, Jason, and good morning, everyone. Welcome to Hyperion DeFi's first quarter 2026 earnings call. In our first earnings call at