Introduction
Lending Hyperliquid can be an excellent choice for those looking to hold HYPE while earning a return. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.
Step-by-Step Guide for South African Investors
1. Acquire Hyperliquid (HYPE) Tokens
To lend Hyperliquid, you first need to possess it. To acquire Hyperliquid, you'll need to buy it. You can select from these well-known exchanges.
View all 45 pricesPlatform Mint Cost PrimeXBT Hyperliquid (HYPE) 24,42 YouHodler Hyperliquid (HYPE) 24,39 OKX Hyperliquid (HYPE) 24,4 BingX Hyperliquid (HYPE) 24,43 Bitget Hyperliquid (HYPE) 26,34 Bitmart Hyperliquid (HYPE) 24,43 2. Select a Hyperliquid Lender
Once you have HYPE, you'll need to select a Hyperliquid lending platform to lend your tokens. You can explore some options here.
Platform Mint APY Kucoin Hyperliquid (HYPE) Up to 0,22% APY 3. Earn Hyperliquid
Once you've selected a platform to earn your Hyperliquid, transfer your Hyperliquid into your wallet on the earning platform. Once it's deposited, it will start earning APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest in South Africa
Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more interest you can earn. Try to ensure your earning platform pays compounding interest to maximise your returns.
What to Keep in Mind
Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Movements in the Market
Hyperliquid (HYPE) is currently priced at US$0,22 with a 24-hour trading volume of US$353,88M. The market cap of Hyperliquid stands at US$7,1B, with 333,93M HYPE in circulation. For those looking to buy or trade Hyperliquid, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- US$7,1B
- 24-hour trading volume
- US$353,88M
- Circulating supply
- 333,93M HYPE



