Staked LOOP
STLOOP
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
STLOOP (Staked LOOP) is the liquid staking receipt and governance token for the Looping Collective protocol deployed on HyperEVM. Synthesizing all evaluation sections reveals systemic weaknesses across development, market adoption, transparency, and security architecture:
- Development & Governance: The project maintains no public open-source code repository or verifiable shipping cadence. Governance is centralized within a multi-sig committee involving Nucleus and Paxos Labs rather than a decentralized on-chain DAO, and founder credentials lack independent public verification.
- Community & Market Adoption: Organic community engagement is non-existent with no verifiable active social or governance channels. Secondary market liquidity has dried up with 24-hour trading volumes under $10, a market capitalization below $200,000, and a severe ~95.10% drawdown from its all-time high.
- Tokenomics & Security: STLOOP lacks third-party audits and on-chain proof-of-reserves or attestations verifying the 1:1 backing against staked LOOP. Supply distribution is heavily concentrated with minimal transparency around vesting milestones.
No qualifying catastrophic security event (such as an exploit, hack, or regulatory enforcement) was affirmatively established against STLOOP itself. The overall score of 1.85 reflects the weighted average of the section scores (Active Development: 2.0, Community Support: 1.0, Tokenomics: 2.0, Market and Use Case: 1.5, Team and Governance: 2.5, Security and Audit History: 2.0).
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Staked LOOP (STLOOP)
STLOOP (Staked LOOP) is a liquid staking receipt and governance token for the Looping Collective protocol deployed on HyperEVM. The protocol is designed around recursive lending and leveraged yield farming products, such as LHYPE and wHLP Liquid Looping Tokens. STLOOP is structured to maintain a 1:1 backing by staked LOOP tokens, with utility mechanisms designed to incorporate performance fee buybacks, TVL milestone-based vesting, and airdrop distribution multipliers.
Governance and administration of the Looping Collective are executed through a multisignature committee structure involving Nucleus and Paxos Labs rather than an on-chain decentralized autonomous organization (DAO). The protocol's co-founders are named as Mirko and Jannik Schmiedl. The project operates without a public open-source code repository or publicly documented development changelogs.
The token has experienced severe market contraction, falling approximately 95.10% from its all-time high of $0.03765 to a market capitalization below $200,000, accompanied by negligible daily trading volume. Additionally, STLOOP lacks verifiable third-party security audits, public proof-of-reserves or attestations verifying the claimed 1:1 underlying backing, and exhibits heavy holder concentration.