Kintsu on Hyperliquid

The Kintsu Liquid Staking protocol automates the process by which users can pool their HYPE tokens together for network staking via non-custodial smart contracts. By leveraging a decentralized Registry of Validators controlled by the DAO, Kintsu creates sHYPE, a liquid version of the core HYPE gas token. As a ERC-20 token, sHYPE can be used in DeFi and other on-chain uses cases, while the underlying HYPE is natively staked to earn rewards and secure the Hyperliquid network while simultaneously empowering the community to Stake & Use.

In addition to being liquid, unlike native staking, the super power of Kintsu and other Liquid Staking protocols is in their composability. This means that developers of novel on-chain use cases and the community as a whole can hold sHYPE to stake, or collateralize it in other protocols so you don't need to forgo staking rewards while you DeFi. Users can participate in other network activities such as DeFi, gaming, and more.