Valantis has made a major move in the liquid staking space by acquiring stHYPE, the second-largest staking protocol on Hyperliquid’s HyperEVM.
Announced on Aug. 19, the integration brings stHYPE fully into the Valantis ecosystem, paving the way for enhanced yield options, deeper liquidity, and a reinforced DeFi roadmap for Hyperliquid.
Integration and roadmap
With the acquisition complete, Valantis assumes full responsibility for stHYPE’s development, operations, and communications. The transition begins with a foundation phase that migrates stHYPE to CoreWriter — a system built to boost security and transparency by improving oversight of off-chain infrastructure.
Community incentives will broaden with the introduction of integrator rewards, helping drive wider adoption of stHYPE across Hyperliquid’s protocols. In the next phase, stHYPE will evolve into a modular liquid staking token, supporting multiple staking addresses and enabling new permissionless integrations between DeFi and staking platforms.
This modular design is set to link staking with trading, lending, and HyperCore’s derivatives markets, creating more opportunities for liquidity providers to engage through a single HYPE deposit.
Hyperliquid Staking Ecosystem
stHYPE enters this next phase amid intensifying competition on Hyperliquid, where kHYPE has taken the lead as the dominant LST with more than a billion dollars in total value locked.
By acquiring stHYPE, Valantis aims to narrow that gap and position its DEX as a central hub for liquidity, vertically integrating trading and staking. The move also broadens the role of STEX pools, which already enable efficient swaps and lending integrations without the delays of staking withdrawal queues.
Hyperliquid’s liquid staking market is evolving, with protocols competing not only on yields but also on liquidity depth, DeFi connectivity, and breadth of services. Valantis views the stHYPE merger as a chance to strengthen its foothold in a rapidly expanding and increasingly competitive landscape.
