Hyperliquid expands $HYPE availability to Solana, Base, and Unichain
Summary
Wormhole has enabled the multichain functionality of Hyperliquid's native asset, $HYPE, allowing holders to trade it across platforms such as Solana, Base, and Unichain. This interoperability feature, facilitated by Wormhole NTT, ensures that $HYPE retains its core properties and functionality while expanding its accessibility. This move not only enhances the trading experience but also supports growth in decentralized trading participation across high-throughput networks.
Tokens
$HYPE
Analysis
Wormhole: Wormhole provides a leading interoperability infrastructure for secure cross-chain messaging and asset transfers between blockchains. The platform supports standards like NTT for preserving native token properties during multichain expansion. Here, Wormhole directly enables Hyperliquid’s $HYPE to become natively available and tradable on Solana, Base, and Unichain. Hyperliquid: Hyperliquid operates a high-performance decentralized trading platform and blockchain with dedicated layers for order books and EVM-compatible execution. The protocol focuses on perpetual futures and spot trading with strong emphasis on self-custody and on-chain transparency. In this development, Hyperliquid is extending its native $HYPE asset across additional blockchains to broaden access and trading options. Ecosystem Growth: Hyperliquid’s asset expansion supports broader participation in decentralized trading on high-throughput networks including Solana and Base. Interoperability: Wormhole NTT allows tokens like $HYPE to maintain core properties and functionality while operating across multiple blockchains.
Categories
hyperliquidcryptodefisolanaperpsbase
Related sources
- https://www.tokenpost.com/tag/hyperliquid
- https://metamask.io/price/wormhole
- https://wormhole.com/docs/products/token-transfers/native-token-transfers/guides/deploy-to-hyperliquid/
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