Assets, staking, wHLP

Why is there a difference of 1 HYPE when I deposit? (e.g., 300 stHYPE to 299 wstHYPE)

wstHYPE and stHYPE are not 1:1.

• stHYPE: A rebasing token that stays 1:1 with HYPE but increases in quantity.

• wstHYPE: An "auto-compounding" token that stays the same in quantity but increases in value relative to HYPE. You can check the current ratio on the contract here (see balancePerShare).

What oracles are used for wstHYPE and kHYPE

We use Exchange Rate Oracles (fundamental value) rather than secondary market prices.

• wstHYPE: exchange ratio directly from stHYPE contract * HYPE/USD price from Redstone oracle

• kHYPE: Uses a Redstone oracle based on internal protocol accounting. This protects users from liquidations caused by short-term depegs on DEXs.

Why do I get less HYPE when closing a HyperLoop position?

HyperLoop uses flashloans and swaps, meaning it cannot wait the 7-day redemption period for stHYPE. If stHYPE is slightly depegged on the secondary market (e.g., 0.22%), your swap will reflect that price plus a slippage fee.

Why can't I lend/borrow against my Valantis deposits?

Valantis uses Hyperlend to optimize AMM reserves. When you deposit on Valantis, you are providing liquidity to traders, not directly depositing into a lending pool, so you cannot borrow against those specific assets.

How do I check wHLP withdrawal status?

wHLP withdrawals remain pending even if you lack sufficient balance. You can check the status of a specific user by replacing USER_ADDRESS_HERE in this link: Check wHLP Status