Hyperliquid News Today: Bitget Bridges DeFi and Hyperliquid's High-Performance Trading with HyperEVM Integration

Bitget Wallet has expanded its support for the HyperEVM ecosystem, a high-performance Ethereum Virtual Machine (EVM) compatible chain developed by the Hyperliquid team, enabling seamless cross-chain transactions and exclusive gas subsidies for users, according to a Lookonchain report. The integration, announced on October 28, allows users to directly add the HyperEVM mainnet to the wallet and transfer assets between Ethereum, BNB Chain, and HyperEVM via the built-in deBridge cross-chain bridge, as noted in a Coinotag report. Cross-chain users can also benefit from HYPE token-based gas subsidies covering three transactions, a feature designed to lower barriers for onboarding and transaction costs, the Lookonchain report adds.

The update enhances Bitget Wallet's role as a multi-chain hub, offering users access to decentralized applications (dApps) and DeFi protocols within a single self-custody environment, according to a TheCoinRise article. A key addition is the LiquidLaunch Aggregator routing, which enables in-app token swaps for HyperEVM-native assets without requiring external decentralized exchanges (DEXs), streamlining execution and security, the Coinotag report explains. The wallet also introduced an "Eco Zone," aggregating core protocols like Hyperbeat, Hyperlend, Felix, and Kinetiq to simplify exploration of HyperEVM's DeFi ecosystem, the Coinotag coverage notes.

HyperEVM, launched in 2023, has rapidly grown as a Layer-1 blockchain with a focus on low-latency trading and smart contract infrastructure, the TheCoinRise article reports. By integrating HyperEVM, Bitget Wallet aims to connect traditional DeFi users with Hyperliquid's liquidity pools and high-performance trading features, which include on-chain order books and perpetual markets, TheCoinRise adds. The platform has processed over $1.5 trillion in total trading volume since its inception, with a current total value locked (TVL) of $4.85 billion, the same coverage notes.

Bitget Wallet's expansion underscores its position as one of the largest multi-chain wallets, supporting over 130 blockchains and serving 80 million users globally, TheCoinRise reports. The wallet's recent partnership with Mastercard and Immersive to launch a crypto-linked payment card further highlights its strategy to bridge blockchain and traditional finance, the article adds. Jamie Elkaleh, Bitget's Chief Marketing Officer, emphasized that the HyperEVM integration aligns with the company's goal of simplifying access to fast-growing ecosystems while maintaining security and user control, TheCoinRise notes.

The move also reflects broader industry trends, as HyperEVM's EVM compatibility attracts developers to build DeFi applications on top of Hyperliquid's infrastructure, the Coinotag report observes. With gas subsidies and cross-chain capabilities, Bitget Wallet aims to accelerate adoption of HyperEVM's liquidity staking and decentralized trading platforms, the Lookonchain report says. Analysts note that such integrations are critical for scaling blockchain adoption, particularly as stablecoin markets and tokenized deposits gain traction.