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CoinOtag
2025-11-21 20:54:30

Ethena Labs Partners with Nunchi on nHYPE Launch to Enhance HYPE Liquidity on Hyperliquid

Ethena Labs Partners with Nunchi on nHYPE Launch to Enhance HYPE Liquidity on Hyperliquid

The Ethena Labs and Nunchi partnership launches nHYPE, a liquid staking token (LST) that converts locked Hyperliquid HYPE bonds into tradable ERC-20 assets. This enables community participation in HIP-3 market deployments while maintaining liquidity and earning rewards like cHIPs and yields, set for November 28. nHYPE solves capital lockup in Hyperliquid’s HIP-3 framework by tokenizing [...]

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