{"id":399070,"date":"2025-07-19T22:40:45","date_gmt":"2025-07-19T17:10:45","guid":{"rendered":"https:\/\/dripp.zone\/news\/etherfi-expands-to-hyperliquid-ecosystem-through-collaboration-with-hyperbeat-crypto-news\/"},"modified":"2025-07-19T22:44:58","modified_gmt":"2025-07-19T17:14:58","slug":"etherfi-expands-to-hyperliquid-ecosystem-through-collaboration-with-hyperbeat-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/etherfi-expands-to-hyperliquid-ecosystem-through-collaboration-with-hyperbeat-crypto-news\/","title":{"rendered":"EtherFi Expands to HyperLiquid Ecosystem Through Collaboration with HyperBeat &#8211; Crypto News"},"content":{"rendered":"<p>The partnership combines EtherFi\u2019s expertise in staking infrastructure and security with HyperBeat\u2019s yield optimization strategies.<\/p>\n<div>\n<p>EtherFi, the largest Ethereum-based liquid restaking protocol with nearly <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/protocol\/ether.fi\" target=\"__blank\" rel=\"noopener noreferrer \">$9 billion<\/a> in total value locked (TVL), is branching out into the Hyperliquid ecosystem via a pre-deposit partnership with HyperBeat, the top yield aggregation protocol on the HyperEVM, Hyperliquid\u2019s Layer 1 blockchain.<\/p>\n<p>EtherFi and HyperBeat are launching preHYPE, a secure multi-signature vault for early deposits ahead of the release of beHYPE, a liquid staking token (LST). The vault leverages EtherFi\u2019s existing infrastructure and user network alongside HyperBeat\u2019s yield optimization strategies. Within six weeks, preHYPE is set to transition to a fully smart contract-based system, according to a release viewed by The Defiant.<\/p>\n<p>Depositors can benefit from staking yields along with access to &#8220;Hearts,&#8221; HyperBeat\u2019s rewards program.<\/p>\n<p>The launch comes just days after Kinetiq, another liquid staking protocol, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/defi\/kinetiq-liquid-staking-rakes-in-usd460-million-on-opening-day\" target=\"__blank\" rel=\"noopener noreferrer \">attracted over $400 million in deposits<\/a> on its opening day, showcasing the substantial demand for yield opportunities from HYPE holders.<\/p>\n<p>Amid a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/defi\/hype-rallies-ahead-of-corewriter-launch\" target=\"__blank\" rel=\"noopener noreferrer \">torrid rally in its native HYPE token<\/a>, HyperLiquid is attracting increased interest from institutional investors and established DeFi teams, with its <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/blockchains\/hyperliquid-layer-1-gains-traction-as-tvl-grows-to-usd2-billion\" target=\"__blank\" rel=\"noopener noreferrer \">HyperEVM network recently reaching $2 billion in TVL<\/a>.<\/p>\n<p>Despite its growth, however, engagement with HyperLiquid has been tempered by concerns regarding ecosystem maturity \u2013 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/blockchains\/hyperliquid-tvl-surges-as-hyperevm-activity-picks-up\" target=\"__blank\" rel=\"noopener noreferrer \">HyperEVM is just five months old<\/a> \u2013 and a lack of incentives from the Hyper Foundation. In this context, EtherFi\u2019s move can be viewed as a vote of confidence in the ecosystem\u2019s potential.<\/p>\n<p>\u201cThis collaboration with HyperBeat represents our commitment to fundamentals-oriented DeFi. By combining secure infrastructure with targeted DeFi incentives, we aim to support broader cross-ecosystem adoption while maintaining compliance and security,\u201d said Mike Silagadze, founder and CEO of EtherFi.<\/p>\n<p>\u201cAs HyperLiquid continues its growth, this collaboration enables both parties to offer optimized solutions that accelerate adoption and focus on sustainable user returns,\u201d echoed zKilian, the co-founder of HyperBeat, which boasts $145 million in TVL and is yet to launch a native token.<\/p>\n<p>EtherFi\u2019s ETHFI token is up 29% in the past month, according to CoinGecko, but remains nearly 85% below its all-time high hit in March 2024 shortly after the token launched.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The partnership combines EtherFi\u2019s expertise in staking infrastructure and security with HyperBeat\u2019s yield optimization strategies. EtherFi, the largest Ethereum-based liquid restaking protocol with nearly $9 billion in total value locked (TVL), is branching out into the Hyperliquid ecosystem via a pre-deposit partnership with HyperBeat, the top yield aggregation protocol on the HyperEVM, Hyperliquid\u2019s Layer 1 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":399071,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-399070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/399070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=399070"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/399070\/revisions"}],"predecessor-version":[{"id":399072,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/399070\/revisions\/399072"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/399071"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=399070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=399070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=399070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}