Aug 19, 02:00 PM

Valantis Labs Acquires Hyperliquid Staking Outfit StakedHYPE

Valantis Labs has acquired StakedHYPE, a liquid-staking protocol on the Hyperliquid network that issues the stHYPE token, according to statements posted on 19 August. Financial terms were not disclosed. StakedHYPE lets holders of Hyperliquid’s native HYPE token stake without locking up their assets, receiving stHYPE in return. The wrapped token accrues staking rewards while remaining available for use across decentralised finance applications, including borrowing, lending and trading. Valantis Labs, which supplies a modular framework for building decentralised exchanges, said the purchase will help it deepen integration with Hyperliquid and broaden the yield-generation options available to developers and users on the network.

#Valantis Labs #StakedHYPE #Hyperliquid

Written with ChatGPT .

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Crypto Fundraising #StandWithUkraine 🇺🇦@Crypto_Dealflow
1 year ago
Hyperliquid liquid staking protocol @stakedHYPE has been acquired by @ValantisLabs https://t.co/BO4l89XFh8 https://t.co/UveZijDOmF
Ed@happenwah
1 year ago
LSTs can be so much more than passive staking yield farming vehicles, especially on Hyperliquid. Excited for stHYPE to accrue yield from all passive sources that make sense, including deep integration with its secondary market liquidity! https://t.co/uRMPaswrML
Fundraising Digest@CryptoRank_VCs
1 year ago
Valantis has acquired Staked HYPE ⚡️ 📑 About: @stakedhype (stHYPE) is a wrapped and liquid staked token HYPE. 🤝 Acquired by: @ValantisLabs offers a modular framework to help developers build decentralized exchanges. 👉 https://t.co/buyKBYMamh https://t.co/UuHqp4em1a

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Valantis Labs Acquires Hyperliquid Staking Outfit StakedHYPE

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