CryptoCurrencies
1000
 Total Market Cap
15,255,923,350
 Volume 24h
1,935,818,067
 Dominance
WSTETH 64.07%   USDT0 7.15%   JUPSOL 5.82%   SOLVBTC.BBN 5.20%

Looped Hype
LHYPE

20.70
$
0.90 %
Change 24h
Market Cap
$ 27,014,100
Volume 24h
$ 5,954,030
Circulating Supply
1,303,080
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.