CandleFocus

Hyperliquid integrates Router Nitro for cross-chain deposits supporting Ethereum, Solana, and Sui

Hyperliquid, a layer 1 blockchain and decentralized exchange, has integrated Router Protocol's Nitro bridge to allow direct deposits from over 30 EVM and non-EVM chains. This integration eliminates the need for traders to go through Arbitrum to access Hyperliquid and enables them to deposit assets directly through a single interface. Hyperliquid has experienced significant growth, attracting over $1 billion in stablecoin inflows and reaching $3 billion in total value locked. The platform's deposit bridge currently holds over $2 billion in stablecoins. Additionally, the recent launch of native staking has seen a large amount of HYPE tokens staked, reaching over $10 billion in value. The DEX has also gained support from other bridges, such as Synapse Protocol and DeBridge. The integration of Router Protocol's Nitro bridge adds utility to its $ROUTE token, and fees from Hyperliquid transactions will be used to buy back $ROUTE, increasing trading volume and creating rewards for HyperBeat stakers. Router Nitro is recognized as one of the fastest and most reliable bridges in crypto, with over 1.5 million cross-chain transactions, $1 billion in trading volume, and support for over 1,700 assets.

Related News