> ## Documentation Index
> Fetch the complete documentation index at: https://docs.anchorage.com/llms.txt
> Use this file to discover all available pages before exploring further.

# HYPE staking

> Stake HYPE on HyperCore and manage HyperEVM/HyperCore wallets.

Hyperliquid is a decentralized exchange (DEX) specializing in high-speed perpetual futures trading, built on its own custom-built Layer 1 blockchain. Anchorage Digital supports staking on Hyperliquid — the process of delegating your native HYPE tokens to a validator on the Hyperliquid L1 blockchain to support network security and earn rewards.

## Key features

* Deposit your HYPE to either a HyperEVM or HyperCore wallet
* Bridge your HYPE back and forth between HyperEVM and HyperCore
* Move your HYPE back and forth between your HyperCore spot and stake accounts
* Stake and unstake your HYPE to any HYPE validator including the Anchorage validator

## Important considerations

<Warning>
  **Operations & fees:** Operations can take up to 10 minutes to confirm on HyperCore. This limitation is due to the Hyperliquid public API.
</Warning>

<Warning>
  **Bridging:** Before you bridge, you must have corresponding HYPE\_HYPEREVM and HYPE\_HYPERCORE wallets. For example, if you have 10 HYPE on a HYPE\_HYPEREVM wallet that you want to bridge, you first need to make sure you have a HYPE\_HYPERCORE wallet with the exact same address as the HyperEVM wallet.

  Bridging from HyperEVM to HyperCore incurs transaction fees in HYPE tokens on HyperEVM. Bridging from HyperCore back to HyperEVM does not incur fees.
</Warning>

<Warning>
  **Staking:** You can only stake to one validator per wallet. If you need to stake to multiple validators, please separate your HYPE tokens across wallets such that you stake to one validator per wallet.
</Warning>

<Info>
  **Rewards:** Staking rewards automatically compound to the validator you are staking to. You do not need to claim rewards or re-stake them. All staking rewards are inflationary and Hyperliquid does not have MEV rewards.
</Info>

<Warning>
  **HyperCore Transfers:** Anchorage has limited support for transfers between HyperCore accounts. You can only transfer from one Anchorage HyperCore address to another if the destination address already holds a small amount of HYPE. If the destination address has a zero balance, the transfer will fail.

  If you need to transfer HYPE between two internal HyperCore addresses, use one of the following methods:

  * Bridge the assets back to HyperEVM, transfer them to the destination HyperEVM wallet, and then bridge them back to HyperCore.
  * Deposit a small amount of HYPE + 1 USDC into the destination HyperCore address from an external wallet first. Anchorage does not support activating these new HyperCore wallets.
</Warning>

## How to deposit HYPE

### HyperEVM

If your HYPE is in HyperEVM, create a deposit address for the `HYPE_HYPEREVM` asset name.

<Note>
  Anchorage automatically creates the corresponding HyperCore address after you create a HyperEVM address.
</Note>

As with all asset deposits, you will need to complete deposit attribution before you can interact with HyperEVM.

### HyperCore

If your HYPE is in HyperCore, create a deposit address for the `HYPE_HYPERCORE` asset name.

<Note>
  When you create a HyperCore wallet address, the first time you send HYPE to this newly created wallet, you will need to send 1 USDC to activate the HyperCore wallet. This is a one-time activation that must be completed by the sending wallet. Anchorage does not support sending this 1 USDC to HyperCore wallets at this time.
</Note>

As with all asset deposits, you will need to complete deposit attribution before you can interact with HyperCore.

### Wallet addresses for privacy

<Info>
  HyperEVM and HyperCore wallets share addresses with other EVM blockchains at Anchorage. If you have created other EVM addresses for other networks and want a fresh new address for your HYPE deposits, you will need to create HyperEVM and HyperCore wallets that exceed the number of EVM wallet addresses you currently have.

  **Example:** You have 25 EVM addresses already created for Arbitrum in your Anchorage vault. You want a fresh new HyperCore and HyperEVM wallet address for your HYPE tokens. You will need to create 26 new HyperCore and HyperEVM wallets in Anchorage. The first 25 wallets will share the same address as the Arbitrum wallets. The 26th HyperEVM and HyperCore wallet will be a fresh new address.
</Info>

## How to bridge HYPE

### HyperEVM to HyperCore

<Note>
  Deposit attribution is required when bridging assets between HyperEVM and HyperCore. If you bridge from HyperEVM to HyperCore, your HYPE\_HYPERCORE tokens will be held in deposit attribution for you to attribute where the funds came from. After you complete deposit attribution, you will be able to initiate bridging.
</Note>

<Steps>
  <Step title="Navigate to your HyperEVM wallet">
    Navigate to your HyperEVM wallet.
  </Step>

  <Step title="Initiate bridge">
    Click on the **Bridge to HyperCore** button.

    <Note>
      To bridge on iOS, you will need to tap on **Hide card** before you will be able to view the **Bridge to HyperCore** button.
    </Note>
  </Step>

  <Step title="Enter amount">
    Enter the amount to bridge.
  </Step>

  <Step title="Acknowledge terms">
    Click on the checkbox to acknowledge Terms.
  </Step>

  <Step title="Preview and approve">
    Click on **Accept and preview operation**. Quorum approve the operation from the iOS app.
  </Step>
</Steps>

### HyperCore to HyperEVM

<Steps>
  <Step title="Navigate to your HyperCore wallet">
    Navigate to your HyperCore wallet.
  </Step>

  <Step title="Initiate bridge">
    Click on the **Stake** button and then **Bridge**.
  </Step>

  <Step title="Enter amount">
    Enter the amount to bridge.
  </Step>

  <Step title="Acknowledge terms">
    Click on the checkbox to acknowledge Terms.
  </Step>

  <Step title="Preview and approve">
    Click on **Accept and preview operation**. Quorum approve the operation from the iOS app.
  </Step>
</Steps>

## How to move HYPE from spot to stake accounts

### HyperCore Spot to HyperCore Stake Account

<Steps>
  <Step title="Navigate to your HyperCore wallet">
    Navigate to your HyperCore wallet.
  </Step>

  <Step title="Initiate move">
    Click on **Stake** and then **Move to stake balance**.
  </Step>

  <Step title="Enter amount">
    Enter the amount to move.
  </Step>

  <Step title="Acknowledge terms">
    Click on the checkbox to acknowledge Terms.
  </Step>

  <Step title="Preview and approve">
    Click on **Accept and preview operation**. Quorum approve the operation from the iOS app.
  </Step>
</Steps>

## How to stake and unstake HYPE

### Stake HYPE

<Warning>
  You can only stake to one validator per wallet. If you need to stake to multiple validators, please separate your HYPE tokens across wallets such that you stake to one validator per wallet.

  After you stake HYPE, the Hyperliquid protocol enforces a 24-hour waiting period before you can unstake. You cannot immediately unstake HYPE.

  You must initiate and have your team quorum approve the staking operation within 48 hours due to limitations from the Hyperliquid protocol. If you quorum approve after 48 hours, the operation will fail on-chain and you will need to re-initiate the staking request.
</Warning>

<Steps>
  <Step title="Navigate to your HyperCore wallet">
    Navigate to your HyperCore wallet.
  </Step>

  <Step title="Initiate staking">
    Click on **Stake** and then **Stake more**.
  </Step>

  <Step title="Enter validator address">
    Enter a valid validator address.

    <Info>
      Anchorage operates an institution-grade Hyperliquid validator. The validator address is `0x420a4ed7b6bb361da586868adec2f2bb9ab75e66`.
    </Info>
  </Step>

  <Step title="Enter amount">
    Enter the amount to stake.
  </Step>

  <Step title="Acknowledge terms">
    Click on the checkbox to acknowledge Terms.
  </Step>

  <Step title="Preview and approve">
    Click on **Accept and preview operation**. Quorum approve the operation from the iOS app.
  </Step>
</Steps>

### Unstake HYPE

<Note>
  Unstaking is instant. The Hyperliquid protocol enforces a 7-day unbonding period when you move HYPE from your Stake to Spot accounts.
</Note>

<Steps>
  <Step title="Navigate to your HyperCore wallet">
    Navigate to your HyperCore wallet.
  </Step>

  <Step title="View staking details">
    Click on **Stake** and then **View details**.
  </Step>

  <Step title="Initiate unstake">
    Click on the **Unstake** button, then click **Yes, proceed**.
  </Step>

  <Step title="Enter amount">
    Enter the amount to unstake.
  </Step>

  <Step title="Preview and approve">
    Click on **Preview operation**. Quorum approve the operation from the iOS app.
  </Step>
</Steps>

## How to move unstaked HYPE from stake to spot account

### HyperCore Stake to HyperCore Spot Account

<Warning>
  Moving HYPE from Stake to Spot account undergoes a 7-day unbonding period before your HYPE assets are available to bridge.
</Warning>

<Steps>
  <Step title="Navigate to your HyperCore wallet">
    Navigate to your HyperCore wallet.
  </Step>

  <Step title="Initiate move">
    Click on **Stake** and then **Move to available balance**.
  </Step>

  <Step title="Enter amount">
    Enter the amount to move.
  </Step>

  <Step title="Acknowledge terms">
    Click on the checkbox to acknowledge Terms.
  </Step>

  <Step title="Preview and approve">
    Click on **Accept and preview operation**. Quorum approve the operation from the iOS app.
  </Step>
</Steps>