Valantis acquires StakeHYPE, the second largest mobile staking platform on Hyperliquid Decentralized trading protocol Valantis announced the acquisition of StakeHYPE, the second largest mobile staking platform on the Hyperliquid blockchain, for an undisclosed amount. The operation and development of StakedHYPE will be transferred to Valantis Labs management, and its founder Addison Spiegel will serve as a consultant for Valantis. StakedHYPE's total locked value (TVL) exceeds $200 million, second only to Kinetiq, and is an important component of the Hyperliquid ecosystem. Previously, Valantis had launched exclusive trading platforms for stHYPE and kHYPE, with a total TVL of approximately $70 million and a cumulative trading volume exceeding $500 million. In the future, Valantis plans to enhance the decentralized nature of the stHYPE token, deepen its integration with its DEX and Hyperliquid ecosystems, and develop stHYPE into a broad liquidity network. This transaction has been completed, and both parties started specific negotiations several weeks ago. The investors behind Valantis include Kraken Ventures and Figment Capital.