Hyperliquid: A tiered staking system is expected to be launched, effective on or after April 30

ChainCatcher news, Hyperliquid announced on social media that it will launch a staking tier system, where users' tiers will be determined by the amount of HYPE tokens they stake. The initial benefit of the staking tier is reduced trading fees. These updates are expected to take effect on or after April 30, allowing users time to adjust.

As part of this update, the overall fee system will be redesigned. The new fee system will feature the following characteristics:

1. Even without staking discounts, perpetual contract and spot trading fees will be lower than those of centralized exchanges for most users;
2. Fee-sensitive users can obtain lower fees than the existing system by staking HYPE;
3. Protocol revenue is expected to increase;
4. HYPE tokens will provide users with more practical value.