Blockchain.com taps Hyperliquid to bring perpetual futures into its DeFi wallet

Blockchain.com has rolled out perpetual futures trading inside its DeFi wallet through Hyperliquid, giving users a way to trade leveraged crypto contracts without sending funds to a separate exchange.

The company said the product lets users fund positions directly with Bitcoin from their wallet and trade across more than 190 crypto markets with leverage of up to 40x.

The product is a distribution win for Hyperliquid, which has become the dominant venue in onchain perpetual futures. DefiLlama data shows Hyperliquid generated about $6 billion in perp volume over the past 24 hours and roughly $191 billion over the past 30 days, with open interest at about $7.35 billion and cumulative perp volume above $4.28 trillion.

That scale helps explain why wallets and apps increasingly want Hyperliquid embedded rather than rebuilt. Blockchain.com said the product is powered by Hyperliquid’s infrastructure and liquidity, with its DeFi wallet acting as the interface instead of the execution venue or counterparty. Perps are live on Blockchain.com’s mobile apps, while web support is listed as coming soon.

Hyperliquid is also expanding beyond crypto native markets through HIP 3, which lets outside teams launch permissionless perpetuals on its order book. That has helped bring in products tied to traditional assets, including licensed S&P 500 perpetuals from Trade[XYZ] and 24 hour oil trading.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.