Home Ethena & Nunchi Launch nHYPE Liquid Staking Token For Hyperliquid

Ethena & Nunchi Launch nHYPE Liquid Staking Token For Hyperliquid

By Kapil RajyaguruNovember 25, 20251 Mins read770 Views

Ethena & Nunchi Launch nHYPE Liquid Staking Token For Hyperliquid | 3verseTV

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Ethena Labs has partnered with Nunchi to launch nHYPE, a new liquid staking token designed to support Nunchi’s HIP-3 market deployment on Hyperliquid.

Set to debut on November 28, nHYPE enables users to stake HYPE on a 1:1 basis while keeping their capital liquid and productive.

The token helps syndicate the large HYPE bond required to launch Nunchi’s Yield Exchange, a platform for trading yield-based perpetual contracts.

nHYPE aims to solve Hyperliquid’s capital lockup issue, which has made market deployment costly and inefficient for new protocols.

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Written by

Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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