HIVE is the main token of the Hive blockchain. It can be held liquid, or staked as Hive Power (HP). Staking is called powering up, and it happens instantly. Hive Power gives voting weight on posts (and with it curation rewards), more resource credits for free transactions, and votes for the chain's block producers (witnesses). Unstaking is called powering down: it pays HP back as liquid HIVE in 13 weekly parts.
Power Up Day (HPUD) is a community habit on the 1st of every month, when many users power up at the same time. This scoreboard counts what happened chain-wide on October 1 (UTC day), compares it with September 1, and looks at power-ups vs power-downs over all of September. For LeoFinance readers, it is a simple read on whether Hive holders are locking up more HIVE or taking it out.
Key takeaways for October Power Up Day
- Total: 125,175 HIVE powered up by 549 accounts, down 37% from September 1 (514 accounts then).
- Typical account: the median power-up was 10.0 HIVE; 454 accounts powered up under 100 HIVE.
- Big stakers: 2 accounts powered up 10k HIVE or more (September: 4).
- September overall: 1,978,794 HIVE powered up vs 3,185,148 paid out by power-downs, so unstaking beat staking by 1,206,354 HIVE.
Total powered up
125,175 HIVE was powered up by 549 accounts, down 37% from 198,658 HIVE on September 1. The median account powered up 10.0 HIVE.
What this means: This is all HIVE staked on the day, from every account. A bigger total means more HIVE moved into Hive Power, where it cannot be sold quickly because unstaking takes 13 weeks. The number of accounts shows how many people joined in, which matters as much as the total because a few large accounts can move the total a lot.
By size
454 accounts powered up less than 100 HIVE and 2 powered up 10k or more.
What this means: Each account is placed in a group by how much HIVE it powered up that day. Many small power-ups point to broad participation by regular users, while the 10k+ group shows what larger holders did.
September as a whole
In September, 1,978,794 HIVE was powered up and 3,185,148 HIVE was paid out by power-downs, a net drop of 1,206,354 HIVE.
What this means: Green bars are HIVE staked each day, orange bars are weekly power-down payouts turning HP back into liquid HIVE. If power-ups beat power-downs over the month, holders added to their stake overall (rewards paid in HP come on top). One busy day does not show the trend; the month does.
What to watch for November
- Power Up Day on November 1: more or fewer accounts than October?
- Whether the 10k+ group grows or shrinks.
- Power-ups vs power-downs in October: does unstaking stay ahead?
Data: Hive chain via HafSQL and public API nodes. Power-ups are transfer_to_vesting in HIVE; power-downs are weekly fill_vesting_withdraw payouts in HIVE. All days are UTC. This is a data report, not financial advice.
Did you power up this month? Is anything here unclear, or is there something else you would like counted next time?