Total Value Locked$177.7m
TVL by Chain
Hyperliquid L1$177.7m
Key Metrics
Fees 30d$360,419
Fees 30d by chain
Hyperliquid L1$360,419
Fees 7d$58,743
Hyperliquid L1$58,743
Fees 24h$0
Hyperliquid L1$0
Cumulative Fees$6.4m
Hyperliquid L1$6.4m
Revenue 30d$36,043
Revenue 30d by chain
Hyperliquid L1$36,043
Revenue 7d$5,874
Hyperliquid L1$5,874
Revenue 24h$0
Hyperliquid L1$0
Cumulative Revenue$618,947
Hyperliquid L1$618,947
Protocol Information
The Hyperliquid liquid staking platform.
Audits:
Methodology
TVL: Tracks the total value of HYPE tokens staked through the Staked Hype liquid staking protocol. Users stake HYPE and receive stHYPE tokens that accrue rewards via rebase.View code on GitHubFees: Gross HYPE staking rewards earned by stHYPE before the protocol fee.View code on GitHubRevenue: Protocol fee charged on stHYPE rebases.View code on GitHubCompetitors
stHYPE history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 19, 2025 to Oct 16, 2026.
All-time high TVL: $544.53m on Jul 14, 2025. All-time low TVL: $1.3m on Feb 21, 2025.
Daily TVL, Sep 17, 2026 to Oct 16, 2026
| Date | TVL |
|---|---|
| Sep 17, 2026 | $199.79m |
| Sep 18, 2026 | $219.51m |
| Sep 19, 2026 | $233.96m |
| Sep 20, 2026 | $231.75m |
| Sep 21, 2026 | $235.6m |
| Sep 22, 2026 | $232.69m |
| Sep 23, 2026 | $236.14m |
| Sep 24, 2026 | $229.33m |
| Sep 25, 2026 | $215.9m |
| Sep 26, 2026 | $216.57m |
| Sep 27, 2026 | $216.56m |
| Sep 28, 2026 | $214.52m |
| Sep 29, 2026 | $203.18m |
| Sep 30, 2026 | $198.49m |
| Oct 1, 2026 | $207.64m |
| Oct 2, 2026 | $202.42m |
| Oct 3, 2026 | $204.14m |
| Oct 4, 2026 | $204.62m |
| Oct 5, 2026 | $207.34m |
| Oct 6, 2026 | $215.77m |
| Oct 7, 2026 | $210.75m |
| Oct 8, 2026 | $202.08m |
| Oct 9, 2026 | $192.72m |
| Oct 10, 2026 | $187.21m |
| Oct 11, 2026 | $189.87m |
| Oct 12, 2026 | $193.54m |
| Oct 13, 2026 | $179.57m |
| Oct 14, 2026 | $181.85m |
| Oct 15, 2026 | $179.98m |
| Oct 16, 2026 | $181.98m |
TVL at each month end, Feb 2025 to Oct 2026
| Date | TVL |
|---|---|
| Feb 28, 2025 | $11.29m |
| Mar 31, 2025 | $39.14m |
| Apr 30, 2025 | $143.14m |
| May 31, 2025 | $357.03m |
| Jun 30, 2025 | $471.09m |
| Jul 31, 2025 | $340.12m |
| Aug 31, 2025 | $144.33m |
| Sep 30, 2025 | $95.07m |
| Oct 31, 2025 | $75.61m |
| Nov 30, 2025 | $62.68m |
| Dec 31, 2025 | $91.04m |
| Jan 31, 2026 | $144.79m |
| Feb 28, 2026 | $116.99m |
| Mar 31, 2026 | $141.92m |
| Apr 30, 2026 | $129.08m |
| May 31, 2026 | $210.21m |
| Jun 30, 2026 | $188.3m |
| Jul 31, 2026 | $156.48m |
| Aug 31, 2026 | $212.01m |
| Sep 30, 2026 | $198.49m |
| Oct 16, 2026 (latest) | $181.98m |
Fees and revenue by UTC calendar month, May 2025 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| May 2025 | $450,772 | $24,298 |
| Jun 2025 | $797,843 | $79,785 |
| Jul 2025 | $872,301 | $87,231 |
| Aug 2025 | $429,564 | $42,957 |
| Sep 2025 | $233,907 | $23,388 |
| Oct 2025 | $133,937 | $13,395 |
| Nov 2025 | $96,258 | $9,626 |
| Dec 2025 | $177,626 | $17,762 |
| Jan 2026 | $244,923 | $24,494 |
| Feb 2026 | $261,947 | $26,197 |
| Mar 2026 | $325,508 | $32,549 |
| Apr 2026 | $305,106 | $30,510 |
| May 2026 | $352,610 | $35,260 |
| Jun 2026 | $399,414 | $39,944 |
| Jul 2026 | $385,507 | $38,552 |
| Aug 2026 | $369,807 | $36,983 |
| Sep 2026 | $412,333 | $41,234 |
| Oct 2026 (to date) | $147,818 | $14,782 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/sthype
Frequently asked questions
What is stHYPE's TVL?
As of Oct 16, 2026, stHYPE has $177.7m in total value locked. TVL has decreased 10.1% over the past 30 days.
What chains does stHYPE operate on?
stHYPE operates on Hyperliquid L1. Hyperliquid L1 holds the largest share at 100%.
How much has stHYPE generated in fees and revenue?
Over the past 30 days, stHYPE generated $360,419 in fees. Of that, $36,043 was protocol revenue. Based on the trailing year, the annualized rate is $3.54m in fees and $353,900 in revenue.
How does stHYPE's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, stHYPE ranks #23 by TVL. The category holds $55.08b across 265 protocols, and stHYPE accounts for 0.3% of that total. Other leading protocols include Kinetiq kHYPE, Kinetiq kmHYPE, Hyperbeat LST, Kinetiq Launch, Kintsu, SpinUp Liquid Staking, Stratium HYPE Staking, Lido, Binance staked ETH, and ether.fi Stake.