Hyperliquid, a decentralized finance (DeFi) protocol, has launched native staking on its mainnet. Users can earn rewards by locking their tokens to secure the network.

Users can choose validators based on metrics such as uptime, commissions, and community contributions. Hyperliquid reached $12 billion in trading volume in December.

31% of HYPE tokens were airdropped in late November, significantly increasing its price.

The expectation of a more favorable regulatory environment in the US has increased the trading volume of decentralized exchanges. However, challenges such as taxation of staking rewards remain.

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