Introduction
Lending Hyperliquid can be a great option for those who want to hold HYPE but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step Guide
1. Get Hyperliquid (HYPE) Tokens
To lend Hyperliquid, you need to have it. To get Hyperliquid, you'll need to buy it. You can choose from these popular exchanges.
See all 32 pricesPlatform Loonies Price Bitget Hyperliquid (HYPE) 22.39 Kucoin Hyperliquid (HYPE) 15.55 CoinEx Hyperliquid (HYPE) 15.54 LBank Hyperliquid (HYPE) 15.54 BingX Hyperliquid (HYPE) 15.55 Bybit Hyperliquid (HYPE) 15.56 2. Choose a Hyperliquid Lender
Once you have HYPE, you’ll need to choose a Hyperliquid lending platform to lend your tokens. You can see some options here.
Platform Loonies Interest rate Kucoin Hyperliquid (HYPE) Up to 4 annual percentage yield 3. Lend Your Hyperliquid
Once you’ve chosen a platform for lending 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 pay 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. Try to make sure your lending platform pays compounding interest to maximize your returns.
What to be Aware of
Loaning your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check out their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
Hyperliquid (HYPE) is currently priced at US$4 with a 24-hour trading volume of US$353.88M. The market cap of Hyperliquid is currently at US$7.1B, with 333.93M HYPE in circulation. For those interested in buying or trading Hyperliquid, Kucoin offers ways to do so securely and efficiently
- Market capitalization
- US$7.1B
- 24h volume
- US$353.88M
- Circulating supply
- 333.93M HYPE