beHYPE
When you stake HYPE, you receive beHYPE in return, allowing you to keep earning staking rewards while still using your beHYPE in DeFi.
Introducing beHYPE - the fully onchain HYPE Liquid Staking Token that lets you participate in validator governance. A modular HYPE money lego for:
HYPE liquid staking.
Validator driven governance.
Slashable HYPE security.
Key benefits
Liquid staking HYPE into beHYPE gives you the best of both worlds: you continue earning rewards on your staked tokens while unlocking liquidity to pursue new trading opportunities.
Network contribution: Strengthens decentralization and helps secure the Hyperliquid network by delegating HYPE equally to all active validators in the set.
Unlocked liquidity: Enables you to use beHYPE across HyperEVM in other DeFi strategies and trading opportunities.
Composability: Serves as a building block for other protocols and applications (e.g., as collateral in lending markets, the spot let in dnTokens or collateral on Hyperbeat Pay).
How to liquid stake HYPE for beHYPE
Is beHYPE audited?
Yes, beHYPE has been audited by three independent auditors:
Pashov
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