Valantis Acquires stHYPE, Integrating It into its DEX for Deeper Liquidity

Valantis has made a strategic move in the liquid staking market by acquiring stHYPE, the second-largest staking protocol on Hyperliquid’s HyperEVM. This acquisition positions Valantis to integrate stHYPE with its own decentralized exchange (DEX), aiming to deepen liquidity and unlock modular yield features for users. 10% of all HYPE tokens will be burned during this process.