Hyperliquid LST (liquid staking) protocols · SwanBluechip
Stake HYPE without locking it — get an LST you can use as collateral, deposit in vaults, or trade against.
4
projects tracked
7/10
top score (Kinetiq)
3
Strong+ tier
All Staking projects, ranked
#1
Kinetiq
The dominant liquid-staking token in the ecosystem by TVL — core HYPE capital infrastructure.
7/10 · Strong
#2
Looped HYPE
Liquid staking with an Early Adopter Program — 6% of supply to early minters. Phase 3 signups open.
7/10 · Strong
#3
StakedHYPE
Liquid staking for HYPE. Each stHYPE is backed 1:1 by staked HYPE and is composable across HyperEVM lending, LPs, and yield strategies.
7/10 · Strong
#4
Treehouse
Decentralized fixed-income protocol extended to Hyperliquid via tHYPE, a liquid staking token built on Kinetiq kHYPE with a rate-arbitrage layer. TREE token already launched (Jul 2025), so the big airdrop is past — remaining angle is GoNuts points seasons and tHYPE yield.
5/10 · Watching
Questions
What is the best HYPE LST?
Three Strong-rated LSTs share the top tier (all 7/10): Kinetiq, Looped HYPE, and StakedHYPE. Choice depends on integration depth — Kinetiq has the largest TVL footprint at the moment.
What is the difference between staking HYPE directly and using an LST?
Direct staking locks HYPE and yields validator rewards. An LST issues a liquid token (e.g. stHYPE) that represents the staked position — you keep liquidity for DeFi while still earning staking yield.
Which HYPE LST has the highest yield?
Yields move with validator rewards and protocol incentives. The /ecosystem/yields/ page tracks live LST APY from DefiLlama.