HypurrStake

🧠 Project Name

HypurrStake

🔍 Description

In most Proof-of-Stake networks, staking requires locking assets for days or weeks, creating an unbonding delay that limits access to capital and prevents participation in DeFi opportunities. This leads to idle funds, lower yield potential, and a fragmented user experience.

HypurrStake is the first liquid staking protocol on the Hyperliquid network, enabling users to stake $HYPE to secure the network while keeping their assets liquid. By issuing $hsHYPE — a transferable, yield-bearing token — HypurrStake eliminates unbonding delays, allows capital to remain active across DeFi, and simplifies staking into a one-click experience.

🛠️ How It Works

HypurrStake is powered by a staking pool smart contract that delegates $HYPE to a curated set of trusted node operators, aggregates validator rewards, and distributes them via an exchange-rate model instead of token rebasing.

Staking Flow:

1. Stake $HYPE → Receive $hsHYPE at a 1:1 ratio.

2. Auto-Compounding Rewards → The $hsHYPE/$HYPE exchange rate increases over time (e.g., 1 $hsHYPE = 1.05 $HYPE after rewards).

3. Redeem Anytime → Burn $hsHYPE to reclaim $HYPE + accrued rewards, or swap instantly via liquidity providers.

Technical Highlights:

• Fully Automated — No validator selection or manual reward claiming.

• Composable by Design — $hsHYPE can be used as collateral, in LPs, or governance systems.

• Security-First — Audited contracts, validator monitoring, and slashing risk minimization.

• Capital Efficiency — Instant liquidity without unbonding periods.

Impact & Future Potential：

HypurrStake redefines staking for the Hyperliquid ecosystem by combining network security with capital productivity. It lowers the entry barrier for staking, unlocks new DeFi strategies, and lays the groundwork for a liquid staking derivative market native to Hyperliquid.

Future developments include:

• Cross-Protocol Integrations — Enable $hsHYPE to be used across lending markets, perpetuals, and stablecoin collateral.

Multi-Asset Liquid Staking — Expand beyond $HYPE to support other Hyperliquid-native assets.

• Multi-Asset Liquid Staking — Expand beyond $HYPE to support other Hyperliquid-native assets.

• Governance Layer — Community-driven validator selection and protocol upgrades.

By bridging staking and DeFi, HypurrStake aims to become a cornerstone of Hyperliquid’s financial infrastructure.

💻 Demo

https://youtu.be/38q8qDMqSEM

📂 Project Links

Include links to anything relevant:

• Testnet
• Gitbook
• Twitter

👥 Team

Orange

• DeFi Project Marketing Manager

• Crypto Media BD Director

• Top 5 Layer1 Operations Manager

Arya

• Experience in Uniswap Hook incubator

• Building DeFi projects for 4+ years

Danny

• 5 years of marketing agency experience in APAC

• L1 Ecosystem researcher

• DeFi player since 2020

Sean

• CS at NTU

• Crypto dev since 2016

• Contributed to 10+ DeFi, NFT, and wallet projects