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Valantis Acquires HyperEVM On-Chain Liquidity Staking Platform StakedHYPE

Summary: According to The Block, modular DEX protocol Valantis has announced the acquisition of HyperEVM, the second largest on-chain liquidity staking platform StakedHYPE. The financial terms of the transaction were not disclosed. Valantis stated that the operations, development, and expansion of StakedHYPE will be managed by Valantis Labs. As part of the deal, Addison Spiegel, the ...

According to The Block, modular DEX protocol Valantis has announced the acquisition of HyperEVM, the second largest on-chain liquidity staking platform StakedHYPE. The financial terms of the transaction were not disclosed. Valantis stated that the operations, development, and expansion of StakedHYPE will be managed by Valantis Labs. As part of the deal, Addison Spiegel, the founder of Thunderhead, the entity behind StakedHYPE, will join Valantis as an advisor. StakedHYPE is the second largest on-chain liquidity staking platform in the Hyperliquid ecosystem after Kinetiq, with a total value locked (TVL) exceeding $200 million.

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