CryptoCurrencies
17040
Exchanges
500
Total Market Cap
3,420,327,812,578
Volume 24h
225,925,513,540
Dominance
BTC 60.21%   ETH 8.86%   USDT 4.48%   XRP 3.62%

Looped Hype
LHYPE

31.56
$
3.67 %
Change 24h
Market Cap
$ 43,892,583
Volume 24h
$ 2,347,475
Circulating Supply
1,390,879
Total Supply
324,367
LHYPE
$
# Exchange Pair Price Volume 24h

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.