TESS Hunt for Young and Maturing Exoplanets (THYME) XII: A Young Mini-Neptune on the Upper Edge of the Radius Valley in the Hyades Cluster

We present the discovery and characterization of TOI-4364\,b, a young mini-Neptune in the tidal tails of the Hyades cluster, identified through TESS transit observations and ground-based follow-up photometry. The planet orbits a bright M dwarf ($K=9.1$\,mag) at a distance of 44\,pc, with an orbital period of 5.42\,days and an equilibrium temperature of $488^{+4}_{-4}$\,K. The host star's well-constrained age of 710\,Myr makes TOI-4364\,b an exceptional target for studying early planetary evolution around low-mass stars. We determined a planetary radius of $2.01^{+0.1}_{-0.08}$\,Earth radii, indicating that this planet is situated near the upper edge of the radius valley. This suggests that the planet retains a modest H/He envelope. As a result, TOI-4364\,b provides a unique opportunity to explore the transition between rocky super-Earths and gas-rich mini-Neptunes at the early stages of evolution. Its radius, which may still evolve as a result of ongoing atmospheric cooling, contraction, and photoevaporation, further enhances its significance for understanding planetary development. Furthermore, TOI-4364\,b possesses a moderately high Transmission Spectroscopy Metric of 44.2, positioning it as a viable candidate for atmospheric characterization with instruments such as JWST. This target has the potential to offer crucial insights into atmospheric retention and loss in young planetary systems.