Layer-1 blockchain HyperLiquid has introduced native staking for its HYPE token, allowing holders to select validators and earn rewards. Upon launch, 300 million tokens were staked, and an additional 7 million tokens were added in the first hour. Staked tokens will remain locked if they are subject to a vesting schedule. The HYPE token debuted at $3.57 and is now valued at $27.89, with a market cap of $9.2 billion, pushing it into the top 20 largest tokens. HyperLiquid's trading volume has reached $2.64 billion in the past 24 hours, generating over $1 million in daily revenue.



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