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Bitget Wallet Integrates HyperEVM โ€“ Could This Be the Next Big Bridge in DeFi?
Yahoo Financeยท 2025-10-28 11:36
Core Insights - Bitget Wallet has fully integrated with HyperEVM, enhancing access for its 80 million users to a rapidly growing onchain ecosystem that combines liquidity, trading, and programmability [1][2] Company Developments - The integration allows users to perform cross-chain transfers, utilize DeFi applications, and access $HYPE token utilities directly from the wallet, positioning Bitget Wallet as a bridge between traditional DeFi tools and high-performance Layer-1 networks [2] Industry Trends - Hyperliquid has established itself as a leader in the DeFi space, known for its speed, depth, and transparency, with its core engine, HyperCore, enabling competitive latency and throughput [3] - The HyperEVM layer introduces smart-contract programmability, allowing DeFi protocols to access Hyperliquid's liquidity without fragmentation, unified by the $HYPE token [4] Market Performance - Hyperliquid leads decentralized perpetual futures trading, generating daily revenue between $1.5 million and $4.5 million, translating to an annualized revenue range of $548 million to $1.64 billion by June 2025 [5] - With an average 7-day trading volume of $56.65 billion, Hyperliquid holds a 67.3% market share in decentralized derivatives, outperforming all competitors combined [5] Cumulative Metrics - Hyperliquid has processed over $1.5 trillion in cumulative trading volume and maintains nearly $10 billion in open interest, showcasing significant scale in the DeFi sector [6] - The launch of the HyperEVM layer signifies Hyperliquid's transition from a derivatives-focused platform to an "Everything Exchange," aiming to integrate various onchain capital market functions [6]
X @Cointelegraph
Cointelegraphยท 2025-10-23 01:30
๐Ÿšจ JUST IN: Hyperliquid Strategies Inc. files S-1 with SEC to raise up to $1B through a 160M share offering, with part of proceeds to be used for potential $HYPE token purchases. https://t.co/pDt2WujT7R ...
X @BSCN
BSCNยท 2025-10-21 10:00
RT BSCN (@BSCNews)๐Ÿ“ˆ COMPREHENSIVE GUIDE: HYPERLIQUID - @HyperliquidX is all the rage in 2025. But what is it, how does it work, and is the $HYPE token worth your time? Find out now https://t.co/O207kKDnqZ ...
X @BSCN
BSCNยท 2025-10-21 03:00
RT BSCN (@BSCNews)๐Ÿ“ˆ COMPREHENSIVE GUIDE: HYPERLIQUID - @HyperliquidX is all the rage in 2025. But what is it, how does it work, and is the $HYPE token worth your time? Find out now https://t.co/O207kKDnqZ ...
X @BSCN
BSCNยท 2025-10-20 23:00
RT BSCN (@BSCNews)๐Ÿ“ˆ COMPREHENSIVE GUIDE: HYPERLIQUID - @HyperliquidX is all the rage in 2025. But what is it, how does it work, and is the $HYPE token worth your time? Find out now https://t.co/O207kKDnqZ ...
X @Cointelegraph
Cointelegraphยท 2025-09-11 04:00
โšก๏ธ JUST IN: Kraken offered to list Paxos-issued USDH stablecoin with free USD on/off ramps including $HYPE token from Day 1, pending approval through Kraken's standard listing review process. https://t.co/Pt5ZpFAOSE ...