Financial terms were undisclosed; Valantis Labs will manage StakedHYPE’s operations and expansion as Thunderhead founder Addison Spiegel joins as advisor, with the platform exceeding $200 million in TVL on HyperEVM.
Valantis acquired StakedHYPE, the second-largest liquid staking platform on HyperEVM, with TVL over $200 million. Financial terms were not disclosed. Valantis Labs will manage operations and expansion. Addison Spiegel will advise Valantis—earlier described as StakedHYPE’s founder, but the new update identifies him as Thunderhead’s founder. Valantis supports trading for stHYPE and kHYPE, reporting $500 million in cumulative volume, with backing from investors including Kraken Ventures and Figment Capital. The deal aims to expand stHYPE integration and decentralization across the Hyperliquid ecosystem.