How to Stake Hyperliquid (HYPE) on Figment
Figment may not directly support HYPE staking, but you can still use Figment to buy HYPE and transfer it for staking.
Current APY
20.0%
Price
$38.63
Platform Fee
Varies
Platform Type
validator
Start Staking HYPE on Figment
Figment gives you full control of your assets. Your assets are insured.
Stake HYPE on Figment →Step-by-Step: Stake HYPE on Figment
1
Set up a wallet
Install a wallet compatible with Hyperliquid's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.
2
Transfer HYPE to your wallet
Buy HYPE on an exchange and withdraw it to your wallet address.
3
Connect to Figment
Visit Figment's platform and connect your wallet. Make sure you're on the correct network.
4
Select a staking option
Choose the staking pool, validator, or vault that suits your risk tolerance and desired APY.
5
Stake and monitor
Confirm the transaction in your wallet. Monitor your staking position and rewards from Figment's dashboard.
Figment for HYPE Staking: Pros & Cons
Pros
- + 40+ networks with institutional SLAs
- + Slash insurance from Lloyd's of London
- + Compliance tooling (tax reports, AML)
- + Non-custodial — clients control keys
Cons
- - Primarily for institutions — minimums are high
- - Not suitable for retail users
- - No liquid staking tokens
FAQ: HYPE Staking on Figment
What APY can I earn staking HYPE on Figment?
The current estimated APY for HYPE staking is around 20.0%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking HYPE on Figment safe?
Figment is a non-custodial protocol with a high risk profile for HYPE staking. As a non-custodial platform, you retain control of your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake HYPE from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your HYPE won't earn rewards.
What fees does Figment charge for HYPE staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake HYPE on other platforms?
Yes! You can compare all available platforms for HYPE staking on our How to Stake Hyperliquid guide. Different platforms offer different APY rates, fees, and custody models.