Hatom Liquid Staking Review: Should You Stake EGLD?

Hatom Liquid Staking is a MultiversX module for staking EGLD. In return, you receive Staked EGLD, or sEGLD, a token representing your staked position. Hatom describes this as a way to stake without locking up the value of your EGLD, but that does not by itself guarantee that sEGLD can always be sold or redeemed at a particular price.

The app presents Liquid Staking as a separate module alongside Hatom’s lending and other products. Its page does not explain whether sEGLD can be used as collateral, traded in particular pools or deposited into other protocols. Those uses depend on available integrations and liquidity, so check them directly before treating sEGLD as equivalent to EGLD.

If your priority is earning staking rewards while holding a token that represents your stake, the basic proposition is relevant. If you need a specific redemption route, predictable access to your EGLD or a clearly stated reward rate, Hatom’s app page leaves those points unresolved.

Hatom does not publish liquid-staking fees or a current reward rate on the app page. You may also pay MultiversX transaction costs when approving and submitting transactions; the amount can depend on network conditions and the action you take. Check the wallet’s transaction preview and Hatom’s current terms before you confirm.

The app does not explain whether a fee is taken from staking rewards, charged when depositing or redeeming, or built into the value of sEGLD. It also does not give a redemption rate or schedule. Without those details, you cannot reliably compare the net return with another staking option just from the app page.

Treat any displayed reward estimate as variable rather than guaranteed. Before depositing, make sure you understand the amount of EGLD you will receive back, any applicable charges and whether you must wait for a redemption process. If those terms are not clear in the app, do not assume there is a cost-free, instant exit.

Hatom’s security page lists liquid-staking smart-contract audits by Runtime Verification, CertiK and Arda, as well as penetration-testing and DevSecOps entries naming Halborn and CertiK. These are useful signals that security work is listed for the module, but an audit is not a guarantee against bugs, losses or later changes to the contracts. Check the actual reports and whether they cover the contracts you are using.

Staking through a smart contract adds protocol risk: a vulnerability or operational problem could affect deposited EGLD or the value and usability of sEGLD. A liquid-staking token can also trade below the value of the underlying asset if buyers or redemption capacity are limited. Hatom’s app page does not explain the custody arrangement, redemption mechanics, validator exposure or incident history.

The page also does not publish licensing details. Do not treat the listed audits as a licence or as proof that funds are guaranteed. Only deposit an amount you can afford to have exposed to these risks, and verify the contract and transaction in your wallet before signing.

The app is built for MultiversX and identifies a wallet connection as the way to access its protocols. You need EGLD on that network to use the liquid-staking module. Hatom’s app page does not list supported wallets, so check that your wallet connects to the app and can display or manage sEGLD before depositing.

The app interface includes protocol navigation and security-report information, but the page does not give a transaction-speed commitment or explain the complete staking flow. Network conditions and wallet confirmation can affect how quickly a transaction completes. Review each wallet prompt carefully and confirm that it names the intended action and amount.

A cautious first use means testing the connection and reviewing the deposit and redemption steps before committing a large balance. Keep enough EGLD for any network transactions, and do not share your seed phrase or sign a request you cannot understand. Check that you are interacting with Hatom’s official app rather than a lookalike.

The main decision points are not settled by the app page: Hatom does not publish the fee schedule, a current reward rate, the redemption timetable or a specific sEGLD liquidity route there. Those omissions make it difficult to calculate a net return or know how quickly you can exit. Confirm the current terms in the app and check whether you can actually redeem or exchange sEGLD before staking.

There is also no published supported-wallet list on the page, and the custody and validator arrangements are not explained there. The security page names audit and testing firms, but you should inspect the reports rather than treating the names alone as a guarantee.

Hatom may be worth considering if you already use MultiversX and understand liquid-staking risks. It is a weaker fit if you require fixed rewards, a guaranteed peg between sEGLD and EGLD, clearly stated withdrawal timing or extensive public operational details before committing funds.