> For the complete documentation index, see [llms.txt](https://docs.hyperflash.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.hyperflash.xyz/staking/staking-docs/overview-of-hyperflash.md).

# Overview of HyperFlash

HyperFlash is a next-generation staking protocol on HyperEVM that combines **Liquid Staking Tokens (LSTs)** with **Maximum Extractable Value (MEV)** strategies. Its core purpose is to let HYPE token holders stake their tokens and receive a liquid staking token (called **fHYPE**) while capturing additional yield from MEV opportunities. This means users earn regular staking rewards **plus** a share of MEV profits, all through a transparent and fair mechanism. By integrating MEV extraction into a liquid staking pool, HyperFlash aims to boost yields for stakers and improve the overall fairness of value distribution in the network. In short, HyperFlash turns the traditionally wasted or centralized MEV revenue into extra rewards for the community of stakers.

When you stake HYPE through HyperFlash, the protocol mints appropiate amount of **fHYPE** tokens to your address. Under the hood, your HYPE is then pooled and delegated to a selection of HyperEVM validators. These validators run the network and earn the usual block rewards for validating and securing HyperEVM. Because fHYPE represents your stake, it entitles you to your share of those rewards.

As validators earn rewards (both block rewards and MEV income), the value of fHYPE increases. HyperFlash uses a **non-rebasing mechanism** for fHYPE, which means that fHYPE will increase in price relative to HYPE over time.

 This approach makes receiving rewards seamless, your fHYPE simply becomes more valuable over time. Liquid staking thus abstracts the complexity of running a validator or locking tokens: **users simply hold fHYPE and earn**.

## Why hold fHYPE?

fHYPE charges **0% commission** on the native HYPE staking reward while earning MEV profits and points, making it one of the best yield-bearing assets in the entire HyperEVM. Additionally, fHYPE is a LST, allowing its users to participate in DeFi compositions, such as lending protocols for additional rewards. Learn more at:

{% content-ref url="/pages/4PjPgaOWfXapVT7pRlJh" %}
[Benefits of Staking (fHYPE vs Direct Staking)](/staking/staking-docs/benefits-of-staking-fhype-vs-direct-staking.md)
{% endcontent-ref %}

## For Stakers

Staking HYPE for fHYPE is just a few clicks. Learn about how to stake HYPE for fHYPE at:

{% content-ref url="/pages/8EXBUhQ553p5SWxBrCV3" %}
[Staking HYPE to Receive fHYPE](/staking/staking-docs/staking-hype-to-receive-fhype.md)
{% endcontent-ref %}

## For Developers

Learn how to integrate with fHYPE and read on-chain state at:

{% content-ref url="/pages/PPpOTLyaHge3LFxjEV0d" %}
[Contract Interfaces and ABI](/staking/staking-docs/contract-interfaces-and-abi.md)
{% endcontent-ref %}

## For Searchers

Interested in submitting bundles to the HyperFlash relay? Learn more at:

{% content-ref url="/pages/Tl6bECAn7tl3OXF3IBVU" %}
[Broken mention](broken://pages/Tl6bECAn7tl3OXF3IBVU)
{% endcontent-ref %}