Underlying asset
stHYPE
Issued by Valantis. The facts below were checked on the date shown, from the sources listed.
stHYPE is issued by Valantis. What stands behind it: liquid staking. It is valued in HYPE, not in dollars. It is redeemed through a queue.
Facts
- Issuer
- Valantis
- What stands behind it
- liquid staking
- Strategy
- HYPE validator rewards on Hyperliquid
- Valued in
- HYPE
- Position in the capital stack
- not a tranche
- Who has to keep a promise
- validators
- Redemption
- redeems through a queue; the issuer's stated worst case is 183 days
- Who can change it
- a timelock · 48 h delay · a separate multisig of four signatures is the token's owner 0xc5ded4f7f53919c714059a17d31371ae847e23d2 (HyperEVM)
a multisig (Safe) · 4 of 6 signatures · the admin role 0x97dee0ea4ca10560f260a0f6f45bdc128a1d51f9 (HyperEVM) - Audits
- Obsidian, 2026-04
Guardian, 2026-01
Pashov, 2025-11
Guardian, 2025-11
Pashov, 2025-10
Three Sigma, 2025-02 - Bug bounty
- not found in a source that meets the standard
- Depends on
- none recorded
- Chains
- HyperEVM
- Checked
- 2026-10-01, from the issuer's own documents
- Sources
- https://docs.valantis.xyz/stakedhype/stake-accounts
Pendle markets on it
Live Pendle markets on this asset, as of 6 Oct 2026. Rates are not shown. Market data: Pendle.
| Chain | Maturity | Principal token |
|---|---|---|
| HyperEVM | 2027-01-28 | PT-stHYPE-28JAN2027 |
Not found
What the research has not answered for this asset, said rather than left blank.
- A public bug bounty programme.
- Incidents: this encyclopedia does not yet keep a record of incidents from primary sources.