Gemini launches HYPE staking with 2.1% APY
- —Gemini offers about 2.1% APY on HYPE staking
- —No minimum stake and no transfer or redemption fees
- —About 440 million HYPE is staked, or 44% of the 1 billion supply
- —Kraken offers up to 2.2% APY; Grayscale's HYPG ETF charges a 0.29% sponsor fee
Why it matters: Major exchanges and funds are building institutional infrastructure around HYPE, boosting demand and liquidity for the token.
Source: Crypto Briefing