Upon depositing HYPE, you’ll receive LHYPE. This receipt token represents your staked HYPE including any associated network rewards, airdrops, and yield generated from the automated looping strategy.
stHYPE is staked with the respective liquid staking protocols and subsequently deployed into AutoLoop - Liquid Collective's automated looping strategy.
loopedHYPE utilizes an automated looping strategy - AutoLoop. Calibrated by professional risk curators, AutoLoop rebalances daily to optimize the efficiency of the trade (deleverage if needed). It eliminates depeg risk, by looking at the exchange ratio. There is also a withdrawal queue in place.
loopedHYPE staking supports EVM-compatible wallets, including Metamask, Rabby, OKXwallet (all with Ledger support), Coinbase & OneKey (both with OneKey HW)
You can withdraw your LHYPE via app.loopingcollective.org. The withdrawal process takes between 1-3 days. By withdrawing LHYPE, you will get stHYPE in return.
No, you can withdraw LHYPE at any time.
To view LHYPE in your wallet, you need to add it after depositing. Open your wallet (e.g., MetaMask), navigate to the "Import Tokens" or "Add Custom Token" section, and enter the LHYPE contract address: 0x5748ae796AE46A4F1348a1693de4b50560485562. After confirming the addition, your LHYPE balance will be visible in your wallet.
Yes, LHYPE holders earn LOOP points by default, which makes them eligible for 3 different airdrops.
AutoLoop is an automated leveraged staking strategy that recursively borrows HYPE against stHYPE and stakes it back to maximize yield, adjusting the leverage (3x–15x) based on real-time APYs and borrow rates. It rebalances daily to ensure optimal performance, applying a unified loop multiplier for all vault participants to maintain consistent returns. AutoLoop includes built-in risk controls to manage volatility and prevent forced liquidations such as:
- circuit breakers
- daily deleveraging
- gradual unwinding
LoopDrops is a feature of LHYPE that automatically farms and distributes airdrops to LHYPE holders. By leveraging the protocol's underlying DeFi activities across the HyperEVM ecosystem, LHYPE holders benefit from multiple airdrops without having to actively manage positions themselves.
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