What is Staking?
Staking is the process of locking up your tokens to participate in the security of the blockchain. On Dexari, you can stake your $HYPE tokens to help secure the Hyperliquid L1 and earn rewards in return.How it works
Hyperliquid operates on a Proof-of-Stake (PoS) consensus mechanism. To process transactions quickly and securely, the network relies on Validators. When you stake your HYPE on Dexari, you are delegating your tokens to a Validator.- Security: The more HYPE that is staked, the harder it is for bad actors to attack the network.
- Rewards: In exchange for delegating, you receive a share of the network emissions.
How to stake HYPE on Dexari
1
Check your HYPE balance
You need HYPE tokens in your Spot account to stake. If needed, deposit funds or swap for HYPE in the Trade tab.
2
Navigate to the Earn tab
Tap the Earn icon in the bottom navigation bar.
3
Tap 'Stake HYPE' and select a validator
This opens the staking details. You will see a list of validators displaying their current APR, commission, and total staked HYPE. Tap on your preferred validator and select Stake.
4
Enter the amount
Enter the amount of HYPE you wish to bond.
5
Confirm your transaction
Review the lock-up terms and network fee, then hold to Confirm. Your tokens are now bonded, and rewards will begin accruing immediately.
Staking Rewards & APR
The Annual Percentage Rate (APR) for staking is determined by the total amount of HYPE staked on the network.- Stability: While the rate is technically dynamic (based on total network stake), it tends to be stable over time compared to trading vaults.
- Auto-Compounding: Rewards are automatically restaked (compounded) to your validator. You do not need to manually claim them; your staked balance simply grows over time.
Important Considerations
Before you stake, it is important to understand the constraints:- Lock-up Period: Staked funds are “bonded” to the network. You cannot trade or transfer them while they are staked.
- Unbonding Period (7 Days): If you decide to withdraw, there is a mandatory 7-day unbonding period before your funds become liquid again. You do not earn rewards during this waiting period.
- Slashing Risk: If a validator performs maliciously, a portion of the staked funds could potentially be penalized (“slashed”). Dexari only surfaces reputable validators to minimize this risk.