Looped Hype

LHYPE Price

What is Looped Hype about?

loopedHYPE (LHYPE) is an automated looping protocol that maximizes yield on staked HYPE. Users deposit HYPE to get LHYPE, then behind the scenes the protocol uses an automated looping strategy to generate additional yield, on top of any network rewards earned from staking.

What makes Looped Hype unique?

loopedHYPE aims to democratize institutional-grade yield strategies while strengthening the Hyperliquid ecosystem through three core pillars: Democratizing Institutional DeFi, Community-Centric Architecture, and HyperCatalyst.

What can Looped Hype be used for?

loopedHYPE aims to democratize institutional-grade yield strategies while strengthening the Hyperliquid ecosystem through three core pillars: Democratizing Institutional DeFi - Providing professional-grade yield strategies to all users, Community-Centric Architecture - LHYPE is backed by a governance token, 90% of which is distributed to depositors and ecosystem players, HyperCatalyst - An initiative to reinvest 1% of TVL back into Hyperliquid native projects.

Where can you buy Looped Hype?

LHYPE tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Looped Hype is HyperSwap V3, where the most active trading pair LHYPE/WHYPE has a trading volume of $246.09 in the last 24 hours. Other popular options include Hybra Finance V3 and Laminar.

What is the daily trading volume of Looped Hype (LHYPE)?

The trading volume of Looped Hype (LHYPE) is $1,001.68 in the last 24 hours, representing a -98.50% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Looped Hype (LHYPE)?

Looped Hype (LHYPE) reached an all-time high of $100.60 and an all-time low of $9.34. It’s now trading -4.40% below that peak and 929.20% above its lowest price.

What is the market cap of Looped Hype (LHYPE)?

Market capitalization of Looped Hype (LHYPE) is $8,776,341 and is ranked #1371 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of LHYPE tokens (91 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of Looped Hype (LHYPE)?

The fully diluted valuation (FDV) of Looped Hype (LHYPE) is $8,776,341. This is a statistical representation of the maximum market cap, assuming total number of 91 Thousand ETH tokens are in circulation today.

How does the price performance of Looped Hype compare against its peers?

With a price increase of 2.60% in the last 7 days, Looped Hype (LHYPE) is underperforming the global cryptocurrency market which is up 10.40%, while underperforming when compared to similar Liquid Staking cryptocurrencies which are up 14.70%.