CryptoCurrencies
1000
 Total Market Cap
38,569,183,813
 Volume 24h
3,579,373,869
 Dominance
OM 16.23%   USDE 13.64%   PEPE 8.18%   MNT 6.98%

Looped Hype
LHYPE

12.57
$
2.56 %
Change 24h
Market Cap
$ 12,638,100
Volume 24h
$ 2,775,720
Circulating Supply
1,004,460
Total Supply
324,367
LHYPE
$
Description
loopedHYPE (LHYPE) is an automated looping protocol that maximizes yield on staked HYPE. Users deposit HYPE to get LHYPE, then behind the scenes the protocol uses an automated looping strategy to generate additional yield, on top of any network rewards earned from staking. loopedHYPE aims to democratize institutional-grade yield strategies while strengthening the Hyperliquid ecosystem through three core pillars: Democratizing Institutional DeFi - Providing professional-grade yield strategies to all users Community-Centric Architecture - LHYPE is backed by a governance token, 90% of which is distributed to depositors and ecosystem players. HyperCatalyst - An initiative to reinvest 1% of TVL back into Hyperliquid native projects.