Bitget Wallet Integrates HyperEVM: A Major Step Forward for DeFi

Summary: Bitget Wallet has fully integrated HyperEVM, an Ethereum-compatible smart contract layer. This integration aims to provide 80 million users with enhanced access to a rapidly growing decentralized finance (DeFi) ecosystem, enabling seamless cross-chain transfers and interaction with DeFi applications.

Key Takeaways

Integration with HyperEVM: Bitget Wallet integrates with HyperEVM, enhancing user access to the DeFi ecosystem.
Cross-Chain Capabilities: Users can easily conduct cross-chain transfers and use DeFi applications within the wallet.
Hyperliquid Leadership: Hyperliquid stands out in the DeFi space for its high liquidity and innovative infrastructure.
Market Performance: With over $5 billion in total value locked, Hyperliquid shows significant user and institutional trust.
User-Friendly Experience: The integration aims to simplify onboarding for new users and streamline multi-chain interactions.

Introduction to Hyperliquid and Bitget

Bitget Wallet, a renowned self-custodial cryptocurrency wallet, has made a significant move by fully integrating with HyperEVM. This layer enhances the Ethereum-compatible smart contract capabilities that power the Hyperliquid Layer-1 blockchain.

According to a press release from Bitget shared with CryptoNews, this update enables their 80 million users to tap into one of the fastest-growing on-chain ecosystems in the crypto world. This ecosystem combines deep liquidity, institutional-grade trading, and decentralized programmability within a single interface.

With this integration, users are set to engage in cross-chain transfers, DeFi applications, and utilize the $HYPE token—all directly through the wallet. This positions Bitget Wallet as a crucial bridge connecting traditional DeFi tools with the innovative new era of high-performance Layer-1 networks.

Hyperliquid: Where Deep Liquidity Meets Performance

Hyperliquid has emerged as a prominent player in the DeFi landscape, recognized for its speed, liquidity, and transparency. Its core infrastructure, HyperCore, powers both spot and perpetual markets with latency and transaction throughput that can compete with centralized exchanges—all without compromising decentralization.

The HyperEVM layer brings smart contract capabilities to this framework, allowing DeFi protocols and decentralized applications to leverage Hyperliquid's available liquidity without fragmentation. The entire ecosystem revolves around $HYPE, which serves functions in gas, staking, and governance, fundamentally driving Hyperliquid's economy.

Recent market data indicates that Hyperliquid’s total value locked (TVL) recently surpassed $5 billion, highlighting strong institutional adoption and user confidence in its on-chain systems.

Redefining On-Chain Derivatives

Hyperliquid has established itself as the clear leader in decentralized perpetual futures trading. The protocol generates daily revenue ranging from $1.5 million to $4.5 million, translating to an annualized range of approximately $548 million to $1.64 billion by June 2025.

With an impressive average 7-day trading volume of $56.65 billion, it captures 67.3% of the entire decentralized derivatives market—far exceeding all its competitors combined. To date, Hyperliquid has processed over $1.5 trillion in cumulative trading volume and maintains around $10 billion in open interest—a scale that is uncommon in the DeFi sector.

Furthermore, Hyperliquid is not just about derivatives; its vision extends beyond that. The launch of the HyperEVM smart contract layer initiates a shift from a derivatives-only platform towards what the team describes as an “Everything Exchange,” targeting to integrate trading, lending, staking, and tokenized real-world assets (RWAs) within a cohesive network.

Making Cross-Chain DeFi Accessible

With the HyperEVM integration now active, Bitget announced that users can add the HyperEVM network with a single click, perform seamless asset transfers across chains via deBridge, and earn $HYPE gas-fee rebates.

This update is designed to alleviate onboarding challenges for new users and simplify multi-chain interactions—historically perceived as a significant barrier to DeFi adoption. Future releases will broaden functionalities, including perpetual trading, contract support, and advanced DeFi features, delivering institutional-level infrastructure to self-custody users.

"Our objective is to simplify entry into one of crypto's fastest-growing ecosystems," stated Jamie Elkaleh, CMO of Bitget Wallet. "With the end-to-end integration of HyperEVM, we empower self-custody users to interact with high-performance infrastructure for trading, programmable finance, and cross-chain opportunities—while maintaining the simplicity and security that define our mission. This is about paving the way for the next generation of on-chain finance."