Stake HYPE with Kiln, enterprise-grade staking

Hyperliquid

Edgar Roth, Protocol Specialist
January 10, 2025

* Gross Reward Rate (GRR) may change over time and vary depending on the open source blockchain protocol code. In addition, fees might be deducted from the gross effective rewards earned.

What is Hyperliquid? 

Hyperliquid is a high-performance Layer-1 blockchain protocol designed to facilitate decentralized finance (DeFi) applications with exceptional speed and efficiency. Its flagship application is an on-chain order book decentralized exchange (DEX) for perpetual futures, offering traders a user experience comparable to centralized exchanges but within a decentralized framework. Hyperliquid’s architecture supports rapid transaction processing, handling up to 100,000 orders per second with block latencies under one second, achieved through its custom consensus algorithm, HyperBFT.

What sets Hyperliquid apart from other blockchain protocols is its comprehensive integration of various financial components into a single, cohesive system. Beyond its DEX, Hyperliquid introduces a native token standard (HIP-1) and an automated on-chain liquidity system (HIP-2), enabling seamless token creation and liquidity management without relying on third-party market makers. This holistic approach ensures that every order, cancellation, trade, and liquidation occurs transparently on-chain, enhancing security and user trust. Additionally, Hyperliquid’s gasless trading model eliminates transaction fees for trades, further distinguishing it from other platforms and making it an attractive option for both traders and developers in the DeFi space. 

What is staking?

Proof-of-Stake is a consensus algorithm that relies on a stake rather than a proof of work. This makes it more efficient and environmentally adapted. By offering a stake in the form of locked tokens into a smart contract. This stake is used to secure the chain and validate blocks.

By locking a protocol’s native tokens (ie HYPE) to give “validators” the right to secure a chain. Validators propose new blocks or attest other validators’ blocks, gaining rewards for doing so.

Why should you stake your assets?

Staking is one of the safest and most predictable ways to get rewarded in the crypto space as the value originates from the blockchain’s native currency inflation and a share of transaction fees. You help secure the network and get rewarded by staking your HYPE .

If you do not stake, your asset's token share will be diluted among other people’s tokens that are being staked and accumulating new tokens into the network.

You can stake your HYPE as well as other (d)PoS cryptocurrencies to:
  • 1
    Put your treasury to work
  • 2
    Diversify and earn, while contributing to blockchains decentralization
  • 3
    Bring new opportunities by enabling your users to earn staking rewards

Why should you stake your HYPE with Kiln?

Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake HYPE, and to whitelabel HYPE staking functionality into their offering. Our platform is API-first and enables fully automated validators, rewards, data, and commission management.

Our clients can stake their tokens from our dashboard, a hardware wallet, a browser wallet, a B2B custodian, a crypto exchange, or just their favorite investment app. Kiln makes staking HYPE easy, secure, and accessible to everyone.

Kiln has been closely working with Hyperliquid to make sure we provide the best staking experience as possible.

We are serving thousands of businesses worldwide so that everyone can securely and seamlessly:

  • Excellent track record in staking on 40+ protocols, managing more than $10b in stakes.
  • Trusted by industry leaders such as Ledger, Lido, Coinbase Cloud, Bitpanda, Crypto.com and many more!
  • Non-custodial, work with your existing custodians solutions e.g.Ledger, Fireblocks
  • SOC 2 Type II certified and Industry leading SLAs (0 penalties recorded and 99.95% effective uptime)

How to stake HYPE with Kiln?

Reach out to us to stake HYPE with Kiln when staking is available.

Why should you stake your HYPE with Kiln?

Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake HYPE, and to whitelabel HYPE staking functionality into their offering. Our platform is API-first and enables fully automated validators, rewards, data, and commission management.

Our clients can stake their tokens from our dashboard, a hardware wallet, a browser wallet, a B2B custodian, a crypto exchange, or just their favorite investment app. Kiln makes staking HYPE easy, secure, and accessible to everyone.

Kiln has been closely working with Hyperliquid to make sure we provide the best staking experience as possible.

We are serving thousands of businesses worldwide so that everyone can securely and seamlessly:

  • Excellent track record in staking on 40+ protocols, managing more than $10b in stakes.
  • Trusted by industry leaders such as Ledger, Lido, Coinbase Cloud, Bitpanda, Crypto.com and many more!
  • Non-custodial, work with your existing custodians solutions e.g.Ledger, Fireblocks
  • SOC 2 Type II certified and Industry leading SLAs (0 penalties recorded and 99.95% effective uptime)

How to stake HYPE with Kiln?

Reach out to us to stake HYPE with Kiln when staking is available.

Protocol card:

Consensus
DPoS
Token
HYPE
GRR
2% to 2,5%
Number of validators
16
Edgar Roth, Protocol Specialist
January 10, 2025

* Gross Reward Rate (GRR) may change over time and vary depending on the open source blockchain protocol code. In addition, fees might be deducted from the gross effective rewards earned.