LHYPE APY Gets Major Boost from HyENA Launch and stHYPE Partnership
LHYPE APY Gets Major Boost from HyENA Launch and stHYPE Partnership
🚀 LHYPE yield just...
HyENA launch drives LHYPE yield higher
The HyENA platform going live has created a significant boost for LHYPE's annual percentage yield through its connection to stHYPE.
Key developments:
- stHYPE now powers HyENA markets and USDe integration
- Partnership with Ethena's HIP-3 deployment increases stHYPE's base yield to ~3.3% APY
- LHYPE holds 33% of all stHYPE tokens, making it the largest holder
Impact on LHYPE users:
- Stronger foundation for LHYPE's automated yield strategy
- New mandate targets 6%+ APY through enhanced base yield
- Users benefit from Ethena's HIP-3 yield while maintaining full flexibility
- No changes to withdrawal periods (still up to 3 days)
LHYPE can now route capital to better opportunities across Hyperliquid while benefiting from the highest-yielding LST on HyperEVM. The protocol maintains its commitment to increasing its stHYPE share for continued APY benefits.
HyENA going live = boosted LHYPE APY ♾️ stHYPE powers HyENA markets & USDe, boosting the underlying yield. As the largest holder of stHYPE, LHYPE now benefits from a stronger base-yield foundation. This supports LHYPE's new mandate of 6%+ APY.
Introducing HyENA - the Internet Trading Engine with Native Rewards. → USDe-margined perpetuals DEX built on Hyperliquid’s HIP-3 standard → Earn rewards based on your USDe margin collateral while you trade → Idle margin becomes a productive savings account → HLPe combining
🎯 LHYPE Reaches 4.5M
**LHYPE hits major milestone** with 4.5 million cumulative deposits worth $126M at current prices. Key metrics: - 50,000 deposit transactions completed - 13,000 LHYPE holders participating - Steady growth from 4M deposits in September The Long Hype protocol continues building momentum as more users stake their tokens for extended periods.
LHYPE Token Hits All-Time High Exchange Rate Against HYPE
**LHYPE token reaches record exchange rate** against HYPE as Hyperliquid's liquid staking solution gains momentum. **Key developments:** - LHYPE/HYPE exchange rate hits all-time high - Base yield increased to **3.3%** through stHYPE rerating - LHYPE automatically appreciates against HYPE as yield accumulates **How LHYPE works:** - Earns yield through various DeFi activities - Value increases automatically against underlying HYPE token - Offers liquid staking alternative to direct HYPE holding **Additional benefits:** - Early Adopter Program access - Loyalty Rewards system - LoopDrops eligibility The yield rerating positions LHYPE to generate even greater returns for holders seeking exposure to HYPE with additional earning potential.
LHYPE Secures Top Ranking on HyperLend as Points Campaign Concludes
**LHYPE maintains #1 position** on HyperLend as their points campaign officially ends, securing 39.5M total points. **Key developments:** - HyperLend points program concluded with LHYPE in first place - Continuing to pull ahead on HypurrFi platform - **100% of earned airdrops** will be distributed to token holders **Performance metrics:** - 39.5M points on HyperLend (rank #1) - 400M+ points on HypurrFi (leading position) - 9,200 points on Felix platform LHYPE has maintained consistent leadership across multiple DeFi platforms since being day-one HyperEVM deployers. The project's point accumulation strategy has resulted in commanding leads on both major platforms. [Track LHYPE points](https://app.loopingcollective.org/product/lhype)
LHYPE Dominates HyperEVM Lending Platforms with Record Points
LHYPE has established itself as the dominant force in HyperEVM lending, securing top positions on both Hyperlend and HypurrFi platforms: - Accumulated **34M points** on Hyperlend - Earned **3.5M points** on HypurrFi - Points exceed combined total of next 5 top holders The protocol commits to redistributing 100% of all airdrops back to users, including potential HYPE S2 distributions. This applies to all LHYPE-directed airdrops. *Key Highlight*: LHYPE maintains consistent growth, recently confirming 3.3M points on HypurrFi.