35% of circ HYPE ($2bn) is staked (context, 35% of DeFi TVL is liquid staking)
LSTs boost Hyperliquid’s security & decentralization, while keeping things capital-efficient and pushes DeFi activity
Ref:
- ETH: 28% staked
- SOL: 55% staked
HYPE LSTs current lineup
1️⃣ @kinetiq_xyz → kHYPE
In-house engine (StakeHub) that autonomously picks validators (rather than preselection like most LSTs)
2️⃣ @stakedhype → stHYPE
The only live LST on HyperEVM right now
3️⃣ @HyperFlash_hl → flashHYPE
Earns base LST yield + MEV rewards (cf. jitoSOL gets a 10-20% base yield boost from MEV)
4️⃣ @hyperdrivedefi → HYPED
0% fee LST
5️⃣ @Looped_HYPE → LHYPE
Not technically an LST, it’s a structured product that arbs staking yields vs money markets to target 10% APY
LST infrastructure on HyperEVM
@HyperSwapX → The go-to DEX on HyperEVM, earn section lets you easily deposit stHYPE & LHYPE
@ValantisLabs → Exclusive stHYPE AMM w/ redemption support to stop wrapper depegs
@nucleusearn → Yield provider/infra behind LHYPE, can basically enable variety of fully on-chain safu structured products
Staking yield = "risk-free" yield of an asset
Looping LSTs through money markets = most common asset-neutral farm
Expect this across all lending protocols
👀 Watch: @TimeswapLabs@hyperdrivedefi@hyperlendx@hypurrfi@felixprotocol@sentimentxyz
Please no HYPE LRT szn, I'm tired boss
1. Connect wallet
2. Choose amount
3. Press buy
4. It's sold out in 5 seconds
Gz to whoever had the quickest connection & execution I guess...
@TimeswapLabs@hypurr_co@FjordFoundry