Hyperliquid Launches Institutional-Grade Staking ETP With 0% Management Fee And 0.5% Yield

• CoinShares International Limited has launched the CoinShares Physical Hyperliquid Staking ETP, offering institutional-grade exposure to Hyperliquid’s HYPE token with a 0% management fee and a 0.5% annual yield.
• The product is physically backed and reflects CoinShares’ conviction in protocols with strong fundamentals and institutional-grade infrastructure.
• Hyperliquid has captured approximately 70% of the on-chain perpetual futures market share and has processed over $3 trillion in trading volume, making it a significant player in decentralized finance (DeFi).

CoinShares' new ETP provides investors with regulated access to HYPE, the native token of Hyperliquid, while aligning with its hybrid finance thesis that blends decentralized innovation with institutional infrastructure.
This product is designed to meet the growing demand for institutional-grade exposure to DeFi protocols that have demonstrated strong fundamentals and market performance.

The 0.5% annual yield is derived from staking HYPE tokens within the protocol, offering a passive income stream for ETP investors.

Hyperliquid has demonstrated resilience during market corrections, maintaining a strong position in on-chain derivatives trading with 30% market share.
Key indicators supporting its market dominance include $3.8 trillion in perpetual futures trading volume and a 41% seven-day price appreciation during a period when Bitcoin fell 38% from its October 2025 peak.
CoinShares CEO Jean-Marie Mognetti stated that Hyperliquid represents the convergence of decentralized innovation with institutional-grade infrastructure.

What is the significance of Hyperliquid’s market share in on-chain derivatives?

Hyperliquid's 30% market share in on-chain derivatives highlights its dominance in the decentralized trading sector.
This position indicates strong user adoption and trust in the platform’s infrastructure, governance, and execution.
Its market share growth reflects increasing demand for decentralized trading alternatives to traditional centralized exchanges.

How does the 0.5% annual yield on the ETP work?

The 0% management fee for the ETP allows investors to access the 0.5% annual yield directly from staking HYPE tokens within the Hyperliquid protocol.
This yield is generated through the platform’s governance and fee structure, offering investors a predictable income stream with minimal fees.
The ETP is physically backed by HYPE tokens, ensuring transparency and alignment with the protocol’s staking rewards.

What are the implications of Hyperliquid's recent price movements for the ETP?

HYPE has experienced significant price volatility in recent months, with a 56% drop from its all-time high and an 11% decline in the last week.
Technical indicators and market analysts suggest mixed outcomes, with some forecasting a potential drop to $20 or even zero, while others anticipate a rebound.
This volatility could influence the ETP’s performance, as the price of HYPE directly impacts the underlying asset value of the product.

CoinShares' ETP offers a regulated and accessible way to gain exposure to a rapidly evolving digital asset, with the added benefit of staking yield.
Hyperliquid’s integration with Ripple Prime has further expanded its institutional reach, offering access to 300+ clients and enhancing its credibility.
Analysts describe HYPE as a 'defensive play' in the digital asset space due to its ability to generate revenue during market volatility.