{"id":102524,"date":"2024-12-31T04:39:32","date_gmt":"2024-12-31T08:39:32","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=102524"},"modified":"2024-12-31T04:40:42","modified_gmt":"2024-12-31T08:40:42","slug":"hyperliquid-rolls-out-native-staking-on-mainnet","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/hyperliquid-rolls-out-native-staking-on-mainnet\/","title":{"rendered":"Hyperliquid Rolls out Native Staking on Mainnet"},"content":{"rendered":"\n

The L1 network<\/a> HyperLiquid has enabled staking on its mainnet with 16 validators and an initial $8.4 billion token lockup.\u00a0
<\/p>\n\n\n\n

\"Hyperliquid
Hyperliquid Rolls out Native Staking on Mainnet<\/figcaption><\/figure>\n\n\n\n

Heavyweight on-chain perpetual exchange, HyperLiquid introduced native staking for its coin, enabling holders to produce incentives for blockchain engagement. <\/p>\n\n\n\n

According to DeFiLlama, the protocol, well-known for its decentralized derivatives trading venue\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, boasts $2.64 billion in 24-hour trading activity and makes over $1 million daily fee income. <\/p>\n\n\n\n

Approximately 7 million HYPE tokens<\/a> were deposited by users across 16 validators in the first hour of staking activation. Stakers receive compensation for their contributions, which entails locking up currency to protect decentralized networks. <\/p>\n\n\n\n

At the feature's launch, HyperLiquid verified that 300 million tokens, worth $8.4 billion, had been staked on its layer-1 blockchain. <\/p>\n\n\n\n

The process for vesting tokens was explained by the Hyper Foundation, a non-profit organization <\/a>devoted to the HYPE ecosystem, saying:\u00a0<\/p>\n\n\n\n

\n

Users can stake HYPE to a trusted validator and earn staking rewards in HYPE. Users may consider different metrics when choosing which validators to stake, such as uptime, commission, reputation, and community contributions.”<\/p>\n<\/blockquote>\n\n\n\n

Hyper Foundation<\/p>\n\n\n\n

HYPE has grown significantly since its launch last month, rising from $3.57 to $27.44 as of this writing. Its $9.2 billion market capitalization<\/a> outpaces known DeFi initiatives like Litecoin (LTC) and Uniswap (UNI).<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The L1 network HyperLiquid has enabled staking on its mainnet with 16 validators and an initial $8.4 billion token lockup.\u00a0 Heavyweight on-chain perpetual exchange, HyperLiquid introduced native staking for its coin, enabling holders to produce incentives for blockchain engagement. According to DeFiLlama, the protocol, well-known for its decentralized derivatives trading venue , boasts $2.64 billion […]<\/p>\n","protected":false},"author":43,"featured_media":102525,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[22358,22359,2102],"class_list":["post-102524","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-hype-tokens","tag-hyperliquid","tag-mainnet"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/12\/croc_1735633402206.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/102524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=102524"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/102524\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/102525"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=102524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=102524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=102524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}