Liquid Staking
Hypha
Total TVL
$5.01M
Active pools
1
Chains supported
1
Official site: https://www.hypha.sh/ ↗
Overview
Hypha is a liquid staking protocol that allows users to stake their tokens and earn rewards without locking them up for long periods. The protocol generates liquidity by enabling participants to delegate their stakes while retaining the ability to withdraw or use their assets.
The protocol holds $15M in TVL across 1 active pool on Avalanche, which represents 100% of its footprint. This concentration implies a high degree of risk tied to the performance and security of the Avalanche network alone. Hypha has an official website but operates solely within this ecosystem.
Hypha has undergone 1 public audit, indicating some level of scrutiny into its codebase and practices. The market cap stands at $564K, which is significantly lower than the TVL, suggesting that the protocol’s native token value does not fully reflect the underlying assets under management.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
TVL by chain
| Chain | TVL on chain |
|---|---|
| Avalanche | $5.01M |
TVL history
Top pools
FAQ
› What is Hypha?
Hypha is the first permissionless staking protocol built for Avalanche Subnets and node operators to launch for cheaper and faster using the GGP token. Currently, we cater to node operators and liquid stakers.
› How much TVL does Hypha have?
Hypha has $5.01M in total value locked across all supported chains as of the last refresh.
› How many active pools does Hypha have?
We currently track 1 active pools for Hypha.
› Is Hypha audited?
DefiLlama lists 1 audit for Hypha. Audits reduce smart-contract risk but do not eliminate it.
See our methodology for how this data is collected.