Valantis Broadens Its Horizons in Liquid Staking with Strategic Acquisition of stHYPE

Valantis Acquires Staked Hype: ⁤A Strategic Move in the Liquid Staking Arena

As of August 19, 2025, decentralized exchange protocol Valantis officially acquired Staked Hype ⁣(stHYPE),‌ the second-largest liquid staking token within the Hyperliquid ⁢platform. Specific financial details of this acquisition remain undisclosed.

Staked Hype initially debuted on HyperEVM,​ marking its inception as⁢ the premier liquid staking‌ token (LST) on​ this platform. currently, it boasts approximately $180 million total value locked (TVL), a figure supported by data from its official site.Post-acquisition, operational control⁤ including development and scalability of stHYPE will transition to Valantis Labs. Addison Spiegel, originator of‍ Thunderhead – creators behind stHYPE – has ⁤been appointed as an advisor for Valantis ‍throughout this process.

Liquid staking represents a fundamental component within HyperliquidS ‌ecosystem. Notably, more ‍than half of the⁤ $2.26 billion TVL on Hyperliquid L1 is​ attributed to liquid staking activities per DeFi tracking resource DeFiLlama.

Previously, Valantis had ⁤launched ⁤dedicated LST-specific trading‍ pools for both stHYPE and hHYPE which cumulatively drew close to $70 million in TVL and facilitated ⁤over ⁢$500 million in trading volume flows.

With ambitions set‍ high, valantis anticipates augmenting integration⁣ between its DEX offerings​ and HyperCore to fundamentally bolster a more expansive liquidity network across Hyperliquid’s platforms.
Since its inception earlier in February of this year alone.,HyperEVM has witnessed impressive growth with more than $2 billion tucked away in TVL expanding across nearly one hundred distinct protocols.

Strengthening Foundations Through Integration

Valanits’⁣ strategic maneuver⁢ not only enhances their product⁣ offering but solidifies their ​foothold⁢ within an increasingly competitive field by harnessing pivotal technologies that drive⁣ scalability and efficiency; ensuring they remain at the forefront as industry leaders while navigating through evolving digital finance landscapes.

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