Valantis and Pendle Open a Public Market for Hyperliquid Fee Discounts
Valantis has partnered with Pendle to allow traders to buy and sell Hyperliquid trading fee discounts independently of the HYPE tokens that historically conferred them. By tokenizing fee discounts as transferable yield tokens (YTs) tied to stHYPE and listing them on Pendle, the new marketplace enables traders to rent lower fees and allows HYPE stak…