Kraken Blog/
Announcing HYPE staking and Auto Earn, a simple way to put idle HYPE to work
Kraken has launched HYPE staking and earning services, offering Bonded Staking (up to 2.2% APY), Auto Earn, and Flexible Staking (up to 1.1% APY) for Hyperliquid holdings.
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Why It Matters
The introduction of staking options on a major exchange increases the utility and accessibility of HYPE, potentially reducing selling pressure by encouraging holders to retain assets on the platform.