Valantis Acquires Hyperliquid Ecosystem Liquid Staking Platform StakedHYPE, TVL Exceeds $200 Million

ChainCatcher reports, according to The Block, that the modular DEX protocol Valantis announced on August 19 the completion of its acquisition of StakedHYPE, the second-largest liquid staking platform on the HyperEVM blockchain. The financial details of the transaction were not disclosed by either party.

Valantis stated that the operations, development, and expansion of StakedHYPE will be fully taken over by Valantis Labs. According to the acquisition agreement, Addison Spiegel, founder of Thunderhead—the entity behind StakedHYPE—will join the Valantis team as an advisor.

Within the Hyperliquid ecosystem, StakedHYPE ranks second only to Kinetiq among liquid staking platforms, with a current total value locked (TVL) exceeding $200 million. This acquisition will further strengthen Valantis’s presence in the DeFi sector.