Staked HYPE Shares Price, Live Chart & Market Cap

Staked HYPE Shares (wstHYPE) – Liquid staking derivative for easy DeFi yields on Hyperliquid

Name: Staked HYPE Shares
Brand: Staked HYPE Shares
SKU: WSTHYPE
Price: 33.88 USD
Availability: InStock

Overview of Staked HYPE Shares

Staked HYPE Shares (wstHYPE) boost your HYPE’s utility. They deliver staking rewards and liquidity for trading. By using wstHYPE, you help secure the Hyperliquid chain while keeping the freedom to move funds. This token ties together the Hyperliquid DeFi ecosystem, letting users stake HYPE, earn yield, and still participate in on-chain markets.

Utility & Use Cases WSTHYPE

Staking Rewards with Liquidity

Stake HYPE without losing flexibility. Receive passive yields and keep tokens liquid for trading or profit opportunities.

Liquidity Provision

Add wstHYPE to liquidity pools on Hyperliquid. Earn fees or farming rewards while supporting active DeFi markets.

Collateral for Lending

Use wstHYPE as loan collateral in DeFi apps. Borrow other assets, keep your staking returns, and maintain market exposure.

Staked HYPE Shares Technologies Overview

Fast Transactions

Hyperliquid confirms wstHYPE transfers swiftly. This allows quick chart-based moves and rapid trading decisions.

Smart Contract Integration

Every wstHYPE function is powered by reliable DeFi protocols. The token’s code ensures staking rewards flow continuously.

High Scalability

Hyperliquid’s blockchain handles large trading volumes. wstHYPE benefits from minimal fees and seamless on-chain operations.

Funding

No venture capital funded Staked HYPE Shares. wstHYPE originated from a wide airdrop approach, with most tokens distributed to the Hyperliquid community. This avoided a typical ICO and ensured broad token ownership.

Roadmap

Validator Expansion

Staked HYPE Shares governance will add more validators to strengthen decentralization. This increases network security and choice.

DeFi Integrations

Upcoming updates include further lending and NFT projects accepting wstHYPE. Users can leverage new apps for advanced yield farming.

Open-Source Rollout

The team plans to release more protocol code for public review. This fosters transparency and boosts developer engagement on Hyperliquid.

Staked HYPE Shares Security & Audit Reports

Staked HYPE Shares smart contracts underwent audits before launch. They were designed to keep user funds secure while delivering ongoing staking rewards. This approach safeguards liquidity and maintains trust across DeFi.

FAQ

How to stake wstHYPE?

Simply convert HYPE to wstHYPE via the official staking contract. Your tokens earn rewards automatically.

How to use wstHYPE in a wallet?

Import the token contract into a DeFi wallet on Hyperliquid. Track balance and send or receive wstHYPE freely.

Is there a locking period?

Unstaking has a short waiting time, but you can trade wstHYPE instantly on supported platforms.

Can I lend wstHYPE?

Yes. Many DeFi protocols on Hyperliquid let you supply wstHYPE as collateral and earn additional returns.

What is the reward rate?

Annual yields can vary but typically hover around a few percent, depending on overall network conditions.

Top Crypto Exchanges to Trade Staked HYPE Shares (WSTHYPE)

#	Exchange	Pair	Price	24h Volume
1	HyperSwap V3	0X94E8396E.../0X55555555...	~$1.0024	$1,134,240
2	Kittenswap	0X94E8396E.../0X55555555...	~$1.0025	$336,280
3	Laminar	0X94E8396E.../0X55555555...	~$1.0027	$40,884
4	HyperSwap V3	0X94E8396E.../0X55555555...	~$1.0018	$5,244.01
5	HyperSwap V3	0X5748AE79.../0X94E8396E...	~$1	$2.03
6	HyperSwap V3	0X94E8396E.../0X55555555...	~$1.0033	$29.44
7	HyperSwap V2	0X94E8396E.../0X55555555...	~$1	$1.62