# Hyperliquid (HYPE)

Hyperliquid is a high-performance layer-1 blockchain purpose-built for decentralized trading. Its native perpetuals DEX operates as an order book exchange with all state transitions—margin, matching, and execution—processed fully on-chain. Using its custom HyperBFT consensus protocol, the network currently handles over 200,000 orders per second with sub-second finality.

Figment Validator Address:

0x420a4ed7b6bb361da586868adec2f2bb9ab75e66

## Market Cap

$12.8B

## Staking Reward Rate

2.25%

## Price

$57.41

## Auto-Compounding

Yes

## Reward Frequency

Every Minute

## Activation

Immediate

## Withdrawal

7 Days

### Slashing Penalties Enabled

No

*Staking Reward Rates (SRR) vary based on network conditions, delegation size, and infrastructure optimizations. Contact our team to explore your potential rewards.*

## Why Stake Hyperliquid With Figment?

-  Trusted Infrastructure: Figment provides secure, reliable validator operations built for high-throughput environments like Hyperliquid.
-  Performance Focused: Figment’s infrastructure is optimized for low-latency connections, helping validators avoid jail status.

## Hyperliquid Staking FAQ

### What is Hyperliquid?+
A custom L1 blockchain optimized for perpetuals trading with full on-chain execution and a scalable order book DEX.

### What is HyperBFT?+
A consensus protocol based on Hotstuff, designed to achieve sub-second finality and over 200,000 TPS. It’s the backbone of Hyperliquid’s validator system.

### What are the staking requirements?+
Validators must self-delegate 10,000 HYPE. Users can stake to validators and earn rewards proportional to uptime and validator performance.

### How are staking rewards distributed?+
Rewards accrue every minute and are distributed daily. They automatically compound by being re-staked to the validator.

### Is slashing enabled?+
No. Validators are not slashed but may be “jailed” for downtime or latency issues, temporarily disabling their ability to vote or propose blocks.

### What’s the lockup period?+
1 year for tokens bound by vesting. Unbonding for regular HYPE stake is only 5 minutes.

### Can I stake locked tokens?+
Yes, but accrued rewards may remain locked depending on vesting conditions.

### Where can I view network stats?+
- [Hyperliquid App Explorer](https://app.hyperliquid.xyz/explorer)
- [HypurrScan](http://hypurrscan.io/)
- [Staking Stats](https://stats.hyperliquid.xyz/)

### What wallets are supported?+
Metamask and Rabby

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