Hyperliquid, a layer 1 blockchain and decentralized exchange, has integrated Router Protocol’s Nitro Bridge to enable instant deposits from over 30 EVM and non-EVM chains, including Ethereum, Solana, Sui, Tron, and Base.
The integration eliminates a previous two-step process that required traders to bridge funds through Arbitrum before gaining access to Hyperliquid. Users can now deposit assets directly through one interface.
The platform has experienced substantial growth over the past six months, attracting net stablecoin inflows of over $1 billion and reaching a total value of $3 billion.
According to Hashed’s Dune dashboard, the deposit bridge currently holds over $2 billion worth of stablecoins.
The recent native staking launch saw $8.4 billion worth of HYPE tokens staked at launch, with an additional 7 million tokens staked within the first hour.
At the time of writing, more than 406 million tokens, worth more than $10 billion, have now been staked, according to Hyperliquid. turn off data.
HYPE, Hyperliquid’s native token, is trading at $25.5 with a market cap of $8.5 billion and a fully diluted valuation of $25.5 billion. The token is up 3% in the past 24 hours as Bitcoin surpassed $100,000.
The DEX has also received support from other bridges, including Synapse Protocol and DeBridge, which provide additional capabilities for direct asset transfers to Hyperliquid.
The Router Protocol integration also provides additional functionality for the $ROUTE token.
Fees from Hyperliquid trades will be used to buy back $ROUTE, increasing trading volume and creating rewards for HyperBeat stakers, a key validator partner.
With over 1.5 million cross-chain transactions, a trading volume of $1 billion, and support for over 1,700 assets, Router Nitro is recognized as one of the fastest and most reliable bridges in crypto.
