# Looped HYPE (LHYPE)

> loopedHYPE (LHYPE) is an automated looping protocol that maximizes yield on staked HYPE.

Users deposit HYPE to get LHYPE, then behind the scenes the protocol uses an automated looping strategy to generate additional yield, on top of any network rewards earned from staking.

loopedHYPE aims to democratize institutional-grade yield strategies while strengthening the Hyperliquid ecosystem through three core pillars: 

Democratizing Institutional DeFi
- Providing professional-grade yield strategies to all users

Community-Centric Architecture
- LHYPE is backed by a governance token, 90% of which is distributed to depositors and ecosystem players.

HyperCatalyst
- An initiative to reinvest 1% of TVL back into Hyperliquid native projects.

## Price Data

- **Current Price**: $40.74
- **Market Cap**: $13.71M
- **Fully Diluted Valuation**: $13.71M
- **Circulating Supply**: 336,439.91 LHYPE
- **Total Supply**: 336,439.91 LHYPE

## Price Changes

- **24h**: -0.00%
- **30d**: +0.07%
- **90d**: +0.30%
- **365d**: N/A

## Chain Availability

Available on: hyperevm

## Resources

- [Website](https://loopedhype.com/)
- [Coingecko](https://www.coingecko.com/en/coins/looped-hype)

## Links

- [View on Zerion](https://app.zerion.io/tokens/LHYPE-93972b33-270f-485b-9041-4d83d5381694)
- [Trade on Zerion](https://app.zerion.io/tokens/LHYPE-93972b33-270f-485b-9041-4d83d5381694)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset