SafePal integrates with Hyperliquid, advancing its vision of a "next-generation CeDeFi platform".

Web3 wallet provider SafePal has integrated with decentralized perpetual contract exchange Hyperliquid to enhance its platform for over 25 million users. This collaboration introduces three key initiatives:

  • Native integration of Hyperliquid's perpetual contract trading within the SafePal App, allowing direct trading of pairs like BTC and ETH with up to 40x leverage, no KYC, and no redirection.
  • Support for the HyperEVM blockchain, enabling users to manage $HYPE and other native assets across SafePal's software and hardware wallets, with plugin wallet support coming soon.
  • A planned Walletdrop airdrop program to incentivize cold wallet usage and improve asset security, following successful past campaigns with platforms like 1inch.

This integration advances SafePal's 2025 roadmap to become a next-generation CeDeFi platform, combining centralized exchange speed with decentralized transparency and self-custody. The move also includes recent support for additional public chains and expanded banking partnerships to offer a comprehensive crypto experience.

Summary

This integration includes three initiatives: native integration of perpetual contract trading, HyperEVM public chain support, and the planned Walletdrop airdrop event.

Web3 wallet brand SafePal today announced three collaborations with Hyperliquid, a leading decentralized perpetual contract exchange (Perp DEX), to create a natively smooth perpetual contract trading experience for its more than 25 million users.

First, the SafePal App V4.10.4 update natively integrates the Hyperliquid perpetual contract function. Users can directly conduct contract trading through the Hyperliquid interface integrated in the SafePal App, covering mainstream and popular trading pairs such as BTC and ETH, with a maximum leverage of 40x, and no KYC or redirection is required.

Hyperliquid combines the speed and user experience of a CEX with the transparency and self-custody features of a DEX. In addition, its on-chain order book architecture, deep liquidity, and supporting professional trading tools make this collaboration a key step for SafePal in building its "Wallet CeDeFi Platform".

“The black swan event on October 10th served as a wake-up call for everyone: when perpetual trading platforms are unable to cope with extreme volatility, network congestion, or lack an effective and fair clearing mechanism, their vulnerabilities and risks will be fully exposed,” said Veronica Wong, CEO & co-founder of SafePal. “The integration with Hyperliquid brings users a truly decentralized, transparent, and reliable perpetual contract experience, which can be completed directly on our app.”

In addition to perpetual contract functionality, SafePal has also officially announced the integration of the HyperEVM blockchain. Users can seamlessly manage $HYPE and other native assets within the SafePal software and hardware wallets, and utilize dApps within the ecosystem. The SafePal plug-in wallet will also soon follow suit to support the HyperEVM blockchain.

This integration is a key component of SafePal's 2025 roadmap, aiming to establish SafePal as a next-generation innovative financial platform connecting CeFi and DeFi. SafePal has already achieved native integration with several established and emerging platforms, including Aster, Binance, BingX, and Bitget, providing users with a more complete one-stop spot and perpetual contract trading experience.

Meanwhile, to further promote the use of cold wallets and enhance user asset security, SafePal is exploring the launch of a Walletdrop airdrop program with Hyperliquid. This year, SafePal has successfully launched a series of wallet airdrop programs with platforms such as 1inch and Jumper Exchange, using this as a reward mechanism that differentiates itself from traditional token airdrops. This incentivizes genuine self-custodied users while significantly reducing bots and community speculation.

Recently, SafePal has added support for public chains such as Plasma, X Layer, and Lumia, and completed cross-chain migration between Kusama and Polkadot. Meanwhile, its CeDeFi banking channel and partnership with Mastercard are continuously expanding to provide global users with a more compliant and user-friendly crypto payment and banking experience.

About SafePal

Founded in 2018, SafePal is a full-stack Web3 wallet serving over ten million users worldwide. Its products include hardware wallets, app wallets, and browser plugin wallets, and it is committed to providing Web3 investors with secure and reliable decentralized wallet tools.

SafePal's investors include top investment firms in the industry, such as Binance, Animoca Brands, and Temasek's Web3 fund, Superscrypt.

Currently, SafePal products serve users in more than 200 countries and regions around the world, supporting 16 languages, 200+ public chains and on-chain assets, and providing cross-chain instant exchange, cryptocurrency-to-cryptocurrency and NFT aggregated trading (with built-in exchange mini-programs such as Binance, MEXC, Bitget, and BingX), wealth management, and compliant bank accounts in the App.

Visit the official website www.safepal.com or follow us on Twitter https://x.com/SafePalCN for more details.

Regarding Hyperliquid

Hyperliquid is a high-performance blockchain with the vision of building a fully on-chain open financial system. It is committed to enabling liquidity, user applications, and trading activities to operate collaboratively on a unified platform, ultimately embodying the future form of the entire financial system.

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Author: 项目动态

This article represents the views of PANews columnist and does not represent PANews' position or legal liability.

The article and opinions do not constitute investment advice

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