HyperLink hlHYPE (HLHYPE)
CryptoScore Pro global score : 57/100 (computed on 2026-10-30)
HyperLink hlHYPE is a liquid staking token (LST) native to the HyperEVM blockchain, designed to unlock liquidity for users who stake their HYPE tokens. By issuing hlHYPE as a tradable receipt for staked assets, the protocol enables participants to earn staking rewards while retaining the flexibility to engage in decentralized finance (DeFi) activities such as lending, borrowing, or yield farming. This dual utility addresses a core challenge in proof-of-stake (PoS) networks: the opportunity cost of illiquid staked assets. For institutional and retail stakers alike, hlHYPE represents a bridge between passive income generation and active capital efficiency, a value proposition that has gained traction in mature ecosystems like Ethereum and Solana. Its positioning within the HyperEVM ecosystem further amplifies its relevance, as HyperEVM emerges as a scalable, interoperable layer for DeFi applications requiring high throughput and low transaction costs. Technologically, hlHYPE operates as an ERC-20 token on HyperEVM, with its smart contract (0xbee62d1b61af920098873bd0336b46a5efdc0e83) deployed as a proxy, a common pattern for upgradeable contracts in DeFi. The proxy architecture…
Scores by pillar
| Technology | 54/100 |
|---|---|
| Tokenomics | 92/100 |
| Team | 37/100 |
| Adoption | 40/100 |
| Liquidity | 33/100 |
| Compliance | 75/100 |
Market data
| Price | $90.13 |
|---|---|
| Market cap | $11.55M |
| 24h volume | $2,085.20 |
| Market cap rank | #1236 |
| 24h change | 0% |
| 7d change | +9.91% |
| Blockchain | hyperevm |
| Sector | Liquid Staking Tokens |
Analysis
HyperLink hlHYPE stands out for its role as a liquid staking token, that is, a receipt for locked assets. It operates on the hyperevm chain via a proxy contract, allowing technical updates without interruption. The token serves as a bridge to use staked funds in decentralized finance, such as lending.