Hyperbeat LST
Moderate risk — well-audited LST with strong backers, but the novel CoreWriter bridge and short track record warrant caution.
Top Risks
1
CoreWriter bridge layer introduces novel complexity between HyperCore and HyperEVM, with limited battle-testing in adversarial conditions
2
Protocol is less than one year old with a multisig-secured vault phase preceding the full smart contract deployment
3
Validator set delegation is pooled equally across all active validators, meaning poor-performing or malicious validators receive the same stake allocation
Risk Breakdown
Frequently Asked Questions
Is Hyperbeat LST safe to use?
Hyperbeat LST receives a B- risk grade (33/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — well-audited LST with strong backers, but the novel CoreWriter bridge and short track record warrant caution. Hyperbeat LST (beHYPE) is a liquid staking token for HYPE on Hyperliquid, built in partnership with Ether.fi. It lets users earn staking rewards while keeping their tokens liquid for use in DeFi. With $14M TVL and three independent audits, the protocol is early-stage but backed by $5.2M in seed funding from Electric Capital and Coinbase Ventures.
What are the main risks of using Hyperbeat LST?
The key risks identified for Hyperbeat LST are: (1) The CoreWriter bridge connecting HyperCore and HyperEVM is a novel component with limited battle-testing; a bridge vulnerability could affect all deposited funds (2) The protocol launched in 2025 and initially used a multisig-secured vault before transitioning to smart contracts, meaning the fully automated system has limited production history (3) beHYPE delegates equally to all validators, so a single poorly-performing validator's slashing penalty affects all holders proportionally
What is Hyperbeat LST's risk score breakdown?
Hyperbeat LST scores 33/100 across eight risk dimensions: Mechanism Novelty: 3/15, Interaction Severity: 5/20, Oracle Surface: 2/10, Documentation Gaps: 4/10, Track Record: 6/15, Scale Exposure: 3/10, Regulatory Risk: 3/10, Vitality Risk: 7/10. The highest risk area is Vitality Risk at 7/10.
How does Hyperbeat LST compare to other Liquid Staking protocols?
Among 81 rated Liquid Staking protocols on Hindenrank, Hyperbeat LST ranks #51 by safety (lowest risk score = safest). Its 33/100 risk score and B- grade place it in the middle tier of Liquid Staking protocols.
Has Hyperbeat LST ever been hacked or exploited?
Hyperbeat LST scores 6/15 on the Track Record risk dimension, indicating some history of security incidents or exploits. Higher scores reflect more severe or frequent incidents. Review the full risk report for details.
Last scanned 2026-02-26