How to mint LHYPE

LHYPE tokens are minted upon deposit and burned when redeemed.

You can mint LHYPE by depositing either HYPE or stHYPE. In future phases, kHYPE, mHYPE and USDC will also be accepted as collateral.

Deposited assets are staked with the respective liquid staking protocol, and subsequently deployed into "AutoLoop", loopedHYPE's automated looping strategy.

LHYPE can be minted at https://www.stakingrewards.com/stake-app?input=hyperliquid

Currently, LHYPE is only available on the HyperEVM testnet.