Nillion rises 22% following integration of Chainlink’s CCIP

Nillion’s NIL token jumped roughly 22% in 24 hours after the project announced it had integrated Chainlink’s Cross-Chain Interoperability Protocol, known as CCIP. The integration, revealed on August 14, enables secure NIL token transfers between Ethereum and HyperEVM, effectively unlocking trading access on Hyperliquid, one of the most active perpetuals platforms in DeFi. Chainlink confirmed the integration the same day, giving the announcement an extra layer of credibility that traders clearly appreciated. What the CCIP integration actually does For Nillion, this means NIL holders can now move tokens between Ethereum and HyperEVM without relying on less battle-tested bridging solutions. The practical upshot is access to Hyperliquid, which has carved out a reputation as a go-to venue for perpetual futures trading with deep liquidity. Before this integration, NIL’s trading venues were more limited. Now, traders on Hyperliquid can take positions on the token, which typically drives both volume and price discovery. Nillion’s bigger strategic picture Back in March, the project migrated its NIL token from a Cosmos-based chain called nilChain to Ethereum as an ERC-20 token on a 1:1 basis...