CashboardGlossary · Infrastructure
What is HYPE staking?
HYPE staking means delegating HYPE to the validators that secure Hyperliquid, in return for rewards, with a 1-day lockup and a 7-day unstaking queue.
How does HYPE staking work?
Hyperliquid only runs delegated proof of stake, so staking and delegating mean the same thing. You move HYPE from your spot balance to your staking balance, which is instant, and delegate it to one or more validators. Each delegation is locked for 1 day. Getting HYPE back to spot goes through a 7-day unstaking queue, and an address can have at most 5 withdrawals waiting.
Rewards come from the future emissions reserve and shrink as more HYPE is staked, because the rate is inversely proportional to the square root of the total. Hyperliquid's docs put it at about 2.37 percent a year with 400 million HYPE staked. Rewards accrue every minute, pay out daily and are restaked automatically.
Picking a validator is the part people skip. Validators can charge a commission, and once it is set they can only raise it to 1 percent or less. Peers can vote to jail a validator that answers consensus messages too slowly or too rarely, and a jailed validator earns its delegators nothing until it fixes the cause and unjails. There is no automatic slashing today.
Take made-up numbers. 1,000 HYPE staked at 2.4 percent earns roughly 24 HYPE over a year, about 0.07 HYPE a day. Unstake on a Monday and the HYPE lands in your spot balance the next Monday, and the price does whatever it likes in between.
Also called: staking HYPE, Hyperliquid staking.
Where does HYPE staking show up in Cashboard?
The HYPE staking tile in Hyperliquid pulse adds up the HYPE staked with every validator and values it at the HYPE mark price. Its APR is the predicted APR of active validators, weighted by stake, and it counts active and jailed validators, with the jailed number in red when it is not zero. Validator figures are re-read at most every ten minutes. For a single address, Perps positions shows the account's staked HYPE, including anything still unstaking. Cashboard cannot stake or unstake.
Frequently asked questions
How long does it take to unstake HYPE?
7 days. A delegation is locked for 1 day after you make it and can be undelegated any time after that, but the move from your staking balance back to spot sits in a 7-day queue.
Where do HYPE staking rewards come from?
From Hyperliquid's future emissions reserve. The rate falls as total stake grows, to about 2.37 percent a year at 400 million HYPE staked, according to the docs.
Where can you read more about HYPE staking?
Related terms
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