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Bitget Wallet Integrates Hyperliquid to Expand Onchain Perpetual Trading
Yahoo Finance· 2025-12-23 12:56
Core Insights - Bitget Wallet has expanded its onchain derivatives offering through a full integration with Hyperliquid, enhancing its trading capabilities and user experience in the decentralized derivatives market [1] Broader Market Access - The integration updates Bitget Wallet's perpetual trading product, catering to both active retail traders and users seeking centralized-exchange-like execution while maintaining self-custody [2] Fee Structure and Trading Options - Users will benefit from competitive onchain perpetual fees ranging from 0.06% to 0.09%, with access to over 300 crypto perpetual trading pairs and equity-linked perpetual contracts tied to tokenized stocks and real-world assets [3] - The platform supports leverage of up to 150x, with a trading interface that clearly displays margin requirements, open positions, and risk exposure during order placement [3] User Experience and Interface - The upgrade focuses on usability and execution performance, featuring a professional trading layout with configurable candlestick charts, order books, and streamlined order placement [5] - Traders can customize views to align with specific strategies, and the reduced steps from app launch to execution aim to minimize friction compared to traditional wallet-based perpetual products [5] Market Growth and Positioning - The integration aligns with the growing momentum in decentralized derivatives markets, with total onchain derivatives trading volume projected to exceed $3 trillion by 2025, doubling from 2024 levels [6] - Hyperliquid accounts for over 70% of decentralized perpetual trading volume, highlighting its dominance as a liquidity venue [6] - Bitget Wallet reported strong growth in derivatives activity, with perpetuals trading volume surpassing $8 billion in Q4 2025, positioning itself as a primary access point for onchain exposure to global crypto and tokenized asset markets [7] Industry Commentary - The rapid growth of perpetuals in onchain finance has often been hindered by a fragmented and complex user experience, as noted by industry experts [8]