Market Capitalization:2 977 110 893 302 USD
Vol. in 24 hours:114 028 832 869,68 USD
Dominance:BTC 58,6%
ETH:11,45%
Market Capitalization:2 977 110 893 302 USD
Vol. in 24 hours:114 028 832 869,68 USD
Dominance:BTC 58,6%
ETH:11,45%
Market Capitalization:2 977 110 893 302 USD
Vol. in 24 hours:114 028 832 869,68 USD
Dominance:BTC 58,6%
ETH:11,45%
Market Capitalization:2 977 110 893 302 USD
Vol. in 24 hours:114 028 832 869,68 USD
Dominance:BTC 58,6%
ETH:11,45%
Market Capitalization:2 977 110 893 302 USD
Vol. in 24 hours:114 028 832 869,68 USD
Dominance:BTC 58,6%
ETH:11,45%
Market Capitalization:2 977 110 893 302 USD
Vol. in 24 hours:114 028 832 869,68 USD
Dominance:BTC 58,6%
ETH:11,45%
Market Capitalization:2 977 110 893 302 USD
Vol. in 24 hours:114 028 832 869,68 USD
Dominance:BTC 58,6%
ETH:11,45%
Market Capitalization:2 977 110 893 302 USD
Vol. in 24 hours:114 028 832 869,68 USD
Dominance:BTC 58,6%
ETH:11,45%
Market Capitalization:2 977 110 893 302 USD
Vol. in 24 hours:114 028 832 869,68 USD
Dominance:BTC 58,6%
ETH:11,45%
Market Capitalization:2 977 110 893 302 USD
Vol. in 24 hours:114 028 832 869,68 USD
Dominance:BTC 58,6%
ETH:11,45%
Yes
>>Ethena Labs teams up with Nunchi for the nHYPE launch, boosting HYPE liquidity on Hyperliquid.

Ethena Labs teams up with Nunchi for the nHYPE launch, boosting HYPE liquidity on Hyperliquid.

crypthub
Ethena Labs teams up with Nunchi for the nHYPE launch, boosting HYPE liquidity on Hyperliquid.

Partnership Overview

Ethena Labs has teamed up with Nunchi to introduce nHYPE, a liquid staking token that transforms locked Hyperliquid HYPE bonds into ERC‑20 tokens that can be traded on open markets.

Token Functionality

nHYPE converts the previously illiquid HYPE bonds from Hyperliquid’s HIP‑3 framework into a tradable asset, allowing participants to retain liquidity while still taking part in HIP‑3 market deployments. The token launch is scheduled for November 28.

Benefits and Rewards

Holders of nHYPE can continue earning rewards such as cHIPs and yield returns, thereby eliminating the capital lockup issue that existed under the original HIP‑3 structure.