Ether.fi to Expand to HyperLiquid, Introduce ‘beHYPE’ Staking Token

Description

Ether.fi, best known for its Ethereum liquid restaking service, said it is entering the HyperLiquid ecosystem in conjunction with DeFi protocol HyperBeat and will offer a liquid staking token called beHYPE. The venture will initially offer a multisig-secured vault, preHYPE, that enables early deposits ahead of the full beHYPE rollout. Ether.fi will take care of the security framework and infrastructure. HyperBeat, which is native to HyperLiquid, will provide integration and yield strategies, acc...