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Staking HYPE directly reduces a trader’s fee rate on Hyperliquid
  • Users who lock HYPE tokens receive a proportional discount on their per‑trade fees.
  • The discount is calculated on‑chain, ensuring transparency and preventing hidden rebates.
  • This mechanism aligns the interests of high‑volume traders with the protocol’s revenue model.
  • It also creates a tangible utility for the token beyond speculative value.
JeffBell Curve00:13:13

Supporting quotes

Staking is an input into trading fees. Jeff
You can stake and you have lower trading fees. Jeff

From this concept

Staking as a Multi-Utility Tool: Fees, Governance, and HIPP3

Hyperliquid's native token HYPE is used for fee discounts, validator security, and as a governance lever. Staking directly reduces trading fees, while also securing the network and incentivising honest oracle updates. The upcoming HIPP3 framework will enable permission-less perpetual markets that rely on staking for market-making rights.

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