autorenew
Ether.fi Launches HYPE and beHYPE on Cash: Revolutionizing Crypto Payments

Ether.fi Launches HYPE and beHYPE on Cash: Revolutionizing Crypto Payments

Ether.fi, a leading liquid staking protocol in the Ethereum ecosystem, just dropped an exciting update on X that has the crypto community buzzing. In a tweet that's already racked up thousands of views, they announced the integration of Hyperliquid's native token HYPE and its liquid staked version beHYPE into their Cash platform. This move bridges high-performance DeFi with real-world spending, making it easier than ever to use your crypto without selling it off.

For those new to the scene, Ether.fi allows users to stake ETH and receive liquid tokens like eETH, which can be used elsewhere while still earning staking rewards. Their Cash product takes this a step further—it's essentially a Visa debit card backed by your crypto deposits, letting you spend USD equivalents anywhere Visa is accepted. Now, with this Hyperliquid tie-up, users can directly interact with assets from HyperEVM, Hyperliquid's Ethereum-compatible virtual machine.

Hyperliquid itself is a powerhouse L1 blockchain designed for speed and efficiency, particularly in perpetual futures trading. It's gained massive traction in the DeFi space and is a hotbed for meme token activity due to its low fees and fast transactions. Tokens like HYPE fuel the network, and beHYPE, developed in partnership with protocols like Hyperbeat, lets you stake HYPE to earn yields while keeping your assets liquid.

The tweet highlights key features now live on Cash:

  • Deposit and Withdraw from HyperEVM: Seamlessly move HYPE and beHYPE in and out, connecting your Hyperliquid holdings directly to your spending power.
  • Earn Rewards with beHYPE: Stake your HYPE to get beHYPE and continue accruing rewards, all while using it as collateral.
  • Spend with 3% Cashback: Use the Ether.fi Cash card for everyday purchases and get 3% back, paid in crypto or stablecoins.
  • Never Sell with Borrow Mode: Borrow against your holdings without liquidating them, perfect for holding onto volatile assets like those in the meme token world.

This integration is a game-changer for meme token traders on Hyperliquid. Imagine profiting from a viral meme coin pump, then instantly spending those gains at your local coffee shop without touching your principal. No more cumbersome conversions or tax headaches from selling— just pure, frictionless finance.

Community reactions poured in quickly. One user, @0xn1ce, shared their positive experience with the card, noting impressive cashback and rewards from events. Others expressed hype (pun intended), with comments like "This is so damn cool!!!" and simple shouts of "HYPE!" It's clear this resonates with DeFi enthusiasts and meme hunters alike.

If you're intrigued, head over to Ether.fi Cash to get your card. As always, remember to do your own research—crypto moves fast, and integrations like this could spark even more innovation in the space.

Ether.fi Cash card rewards screenshot Ether.fi Cash app interface

You might be interested