The challenge

Stader Labs is a leading DeFi platform dedicated to innovating liquid staking solutions and enhancing user experiences across multiple blockchains. By offering secure and efficient liquid staking services, Stader Labs empowers users to maximize rewards while participating in the decentralized economy. As part of its mission, Stader Labs seeks to offer users a diverse range of yield opportunities, tailored to varying risk profiles and APY targets.

Building such strategies independently can be both expensive and operationally demanding. Maintaining consistent yield performance typically requires a dedicated manager to handle execution, monitor risk exposure, perform liquidations, and manage rebalancing — making the process complex and resource-intensive.

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The solution

Instead of building its infrastructure from scratch, Stader Labs chose to leverage Enzyme.Blue, to create the ETHx Hyperloop.

ETHx Hyperloop offers users a way to generate yield through an underlying strategy built around ETHx, Stader’s liquid staking token. This product not only provides a risk-managed investment opportunity, but also allows users to earn $SD rewards, thanks to Enzyme.Blue’s integrated rewards computation system. At its core, the yield strategy uses looped lending operations via Aave. Investors can easily deposit assets such as ETH, stETH, wstETH, or ETHx and participate without needing to actively manage the position.

To maintain consistent performance and ensure operational efficiency, ETHx Hyperloop integrates Enzyme’s automation engine. This system automates the loop strategy based on pre-set performance and risk parameters. It dynamically adjusts leverage to optimize yield, increasing or decreasing exposure depending on market conditions. Risk is continuously monitored, and if the Loan-to-Value (LTV) ratio exceeds 94%, the engine will automatically deleverage the position to maintain stability and protect investor capital.

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The result

By leveraging Enzyme.Blue, Stader Labs was able to deliver a streamlined yield opportunity through a dedicated financial instrument — without the complexity of building, testing, and auditing smart contracts or developing a front-end from scratch.

With its ready-to-use infrastructure, Enzyme supported Stader Labs in the development of ETHx Hyperloop, particularly in setting up the automation engine that powers the strategy. Enzyme removed operational friction and allowed Stader Labs to seamlessly attract over $4 million in investor capital.