Hyperliquid Brings Wall Street Onchain — How It Could Transform Crypto Volatility

Bitget Wallet has successfully integrated Hyperliquid’s HIP-3 framework, enabling users to access 24/7, permissionless onchain macro markets directly through its self-custodial finance application.

Key Takeaways

Integration: Bitget Wallet has integrated Hyperliquid’s HIP-3 framework, allowing for trading of real-world assets 24/7.
Asset Range: Users can trade approximately 300 RWAs including equities, ETFs, and commodities.
Decentralized Finance (DeFi): This collaboration emphasizes self-custody, keeping user assets in their control.
Market Dynamics: The rise in crypto trading volume, especially in tokenized commodities, indicates a shift in market focus.
New Opportunities: The integration provides new tools and strategies, enabling crypto traders to hedge and diversify their portfolios effectively.

This newly expanded landscape marks a significant transformation for traders seeking to engage with macro markets alongside their crypto investments.

Hyperliquid

Hyperliquid Expands Its Reach

A recent press release shared by Bitget Wallet and Hyperliquid on Business Insider revealed the collaboration. As part of this announcement, Bitget Wallet users can now trade a diverse selection of real-world assets (RWAs), including spot and perpetual markets, all from one wallet interface.

The RWAs made available span approximately 300 equities and ETFs, important indexes, and key commodities such as gold, crude oil, and natural gas. Users can also engage in selected local macro products and pre-IPO markets featuring private companies like SpaceX, OpenAI, and Anthropic.

In true DeFi style, these markets operate continuously, 24/7/365. Bitget is positioning this integration as part of its "everyday finance" initiative, with one application facilitating both crypto and macro asset exposure while allowing users to retain self-custody of their assets.

It is no surprise that Hyperliquid has garnered significant attention recently. Detailing the numerous successes of what was once a lesser-known player and is now a leading perpetual decentralized exchange (DEX) would fill an entire article—but interested readers can find comprehensive coverage on this topic at NewsBTC.

To highlight its significance, just weeks ago, the combined open interest of HIP-3 surpassed $1.5 billion, and $5.4 billion in perpetual futures trading volumes were recorded across commodities and macro assets, according to Binance. Currently, Hyperliquid is executing more volume in tokenized commodities than in digital assets.

Hyperliquid’s HIP-3 framework provides permissionless financial infrastructure, allowing developers to launch their own perpetual markets onchain while fully managing oracles, leverage limits, and settlement logic. Bitget Wallet is utilizing this framework to bring continuous macro markets to its user base of over 90 million, without the need for a centralized exchange order book. While centralized exchanges (CEXs) offer deep liquidity, they require user deposits and custody. With HIP-3, users retain control of their assets while gaining access to similar macro exposure through a non-custodial wallet.

This integration effectively transforms the wallet into an interface for a 24/7 global macro operation, merging elements of decentralized finance (DeFi) and traditional brokerage services.

As geopolitical shocks and commodity fluctuations occur increasingly outside standard market hours, traders are turning to HIP-3 perpetuals as a reliable gauge of real-time macro sentiment, even when conventional markets are closed.

These new efforts fit into a broader trend among DEXs, as onchain perpetual trading volume and open interest continue to rise. Industry analysts such as Arthur Hayes speculate that Hyperliquid’s HYPE token and HIP-3 markets might challenge centralized players in the upcoming market cycle.

Bitget Wallet users can now either capitalize on or hedge against movements in gold, oil, equity indexes, and select pre-IPO stocks 24/7, all within the same application used for crypto, while maintaining custody and accessing onchain liquidity. This creates various opportunities, such as new hedging strategies for crypto-focused portfolios (e.g., shorting NASDAQ while going long on BTC amid macroeconomic uncertainties), increased volatility during weekends and overnight hours due to the ability to execute trades when traditional finance is dormant, and a new arena for competition between CEX derivatives desks and permissionless perpetual markets for high-risk macro flows.

Hyperliquid, HYPE, HYPEUSDT

As of the latest data, HYPE is trading at $35 according to daily charts. Source: HYPEUSDT on TradingView.