Key Highlights:

  • Native integration of Hyperliquid perpetual contract trading within the SafePal App.
  • Support for the HyperEVM chain and native asset management.
  • Walletdrop launch to promote cold wallet usage and enhance asset security.

SafePal, a leading Web3 wallet brand with over 25 million users, has announced three collaborative initiatives with Hyperliquid, a leading decentralized perpetual contract exchange (Perp DEX), to provide a seamless and native perpetual contract trading experience for its users.

Native Perpetual Trading with Hyperliquid

The SafePal App V4.10.4 update includes native integration of the Hyperliquid perpetual contract function. Users can now conduct contract trades directly through the Hyperliquid interface integrated within the SafePal App, covering major and popular trading pairs such as BTC and ETH, with leverage up to 40x, and without KYC or redirects.

Hyperliquid combines the speed and user experience of centralized exchanges (CEX) with the transparency and self-custody attributes of decentralized exchanges (DEX). In addition, its fully on-chain order book architecture, deep liquidity, and accompanying professional trading tools make this collaboration a crucial step in SafePal's building of a "CeDeFi wallet platform".

HyperEVM Support and Asset Management

SafePal has also announced the integration of the HyperEVM chain. Users can seamlessly manage $HYPE and other native assets in SafePal software and hardware wallets, and use dApps within the ecosystem. The SafePal extension wallet will also soon support the HyperEVM chain. This integration is an important part of SafePal's 2025 roadmap, which aims to make SafePal a next-generation innovative financial platform connecting centralized finance (CeFi) and decentralized finance (DeFi).

Walletdrop to Enhance Asset Security

SafePal is collaborating with Hyperliquid to explore the launch of Walletdrop to increase the popularity of cold wallet usage and improve user asset security. This year, SafePal has successfully launched a series of Walletdrop activities with platforms such as 1inch and Jumper Exchange, as a reward mechanism that differs from traditional token airdrops, incentivizing genuine self-custody users and significantly reducing robot and community speculation activities.

Recently, SafePal has also added support for Plasma, X Layer, and Lumia public chains, and completed cross-chain migrations for Kusama and Polkadot. At the same time, its CeDeFi banking channels and partnership with Mastercard continue to expand to provide more compliant and user-friendly cryptocurrency payment and banking experiences for global users.


Risk Warning: This article is provided for informational purposes only and does not constitute investment advice, investment research, or a recommendation to trade. The views expressed are those of the author and do not necessarily reflect the position of Markets.com. When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and may not be suitable for all investors. Leveraged products can result in capital loss. Past performance is not indicative of future results. Before trading, ensure you fully understand the risks involved and consider your investment objectives and level of experience. Cryptocurrency CFD trading restrictions may apply depending on jurisdiction.

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