How to Lend Hyperliquid (HYPE) in Australia: A Step-by-Step Guide

Introduction

Lending Hyperliquid can be a great option for those who want to hold HYPE while earning yield. The steps may seem a bit daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

1. Obtain Hyperliquid (HYPE) Tokens
To lend Hyperliquid, you need to possess it. To acquire Hyperliquid, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
PrimeXBT Hyperliquid (HYPE) 25.22
YouHodler Hyperliquid (HYPE) 25.18
OKX Hyperliquid (HYPE) 25.16
BingX Hyperliquid (HYPE) 25.24
Bitget Hyperliquid (HYPE) 26.34
Bitmart Hyperliquid (HYPE) 25.21
See all 45 prices
2. Choose a Hyperliquid lender
Once you have HYPE, you'll need to choose a Hyperliquid lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Kucoin Hyperliquid (HYPE) Up to 0.22% p.a.
3. Lend Your Hyperliquid
Once you've chosen a platform to lend your Hyperliquid, transfer your Hyperliquid into your wallet on the lending platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Ensure your lending platform pays compounding interest to maximise your returns.

Platform	Coin	Cost
PrimeXBT	Hyperliquid (HYPE)	25.22
YouHodler	Hyperliquid (HYPE)	25.18
OKX	Hyperliquid (HYPE)	25.16
BingX	Hyperliquid (HYPE)	25.24
Bitget	Hyperliquid (HYPE)	26.34
Bitmart	Hyperliquid (HYPE)	25.21

Platform	Coin	Interest rate
Kucoin	Hyperliquid (HYPE)	Up to 0.22% p.a.

What to Be Aware Of

Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.