Bitget App
Trade smarter
MarketsTradeFuturesEarnSquareMore
Hyperliquid News Today: Phantom Brings Chains Together, Simplifying Crypto with HyperEVM

Hyperliquid News Today: Phantom Brings Chains Together, Simplifying Crypto with HyperEVM

Bitget-RWA2025/11/20 03:02
By:Bitget-RWA

- Phantom Wallet integrates Hyperliquid's HyperEVM blockchain, enhancing cross-chain interoperability for crypto users. - Users can now manage HyperEVM assets, trade, and access liquidity directly within Phantom, reducing multi-wallet complexity. - Hyperliquid's $10.6B market cap and high-performance trading features position it as a key player in decentralized derivatives markets. - The integration aligns with industry trends toward simplifying multi-chain interactions, potentially accelerating mainstream

Phantom Wallet, a prominent crypto wallet,

by adding support for Hyperliquid's HyperEVM blockchain, highlighting the increasing push for improved cross-chain compatibility in the digital asset sector. With this update, users can now handle HyperEVM assets right from the Phantom interface, and making it easier to interact with decentralized apps (dApps) and smart contracts. This development represents a major advancement in connecting specialized blockchain systems with more accessible user experiences.

HyperEVM, Hyperliquid's

Virtual Machine (EVM)-compatible layer, and decentralized trading features. With HyperEVM now available, Phantom users are able to interact smoothly with Hyperliquid's network, , all within the Phantom app. The wallet’s team noted that this move fits with the wider industry shift toward making multi-chain usage simpler, .

Hyperliquid News Today: Phantom Brings Chains Together, Simplifying Crypto with HyperEVM image 0
For users, this integration brings practical advantages. With HyperEVM support in Phantom Wallet, users , . HyperEVM can be enabled in the Phantom app’s settings, where it appears alongside other EVM networks such as Ethereum and Polygon. Once activated, users can access Hyperliquid’s native token, HYPE, . The wallet also , letting users trade across supported networks like , Ethereum, and Base.

This development showcases Hyperliquid’s strategic approach in the blockchain arena. As a high-speed blockchain tailored for decentralized perpetual trading, Hyperliquid

such as Solana by prioritizing fast order book processing. Its HyperEVM layer , attracting external dApps and encouraging DeFi innovation. By integrating HyperEVM, Phantom not only improves user access to this specialized chain but also points to a growing trend of cross-chain cooperation, .

Current market trends further highlight the importance of this partnership.

about $10.6 billion, which is less than Solana’s $73.1 billion. Still, Hyperliquid’s latest improvements, and more spot trading options, strengthen its position in the derivatives sector. Phantom’s addition of HyperEVM support could help lower the barriers for users new to specialized blockchains.

While this update is mainly technical, it has wider effects on the crypto landscape. By bringing multi-chain features into a single wallet, Phantom

— complexity — and reinforces its position as a portal to decentralized networks. As more wallets follow this path, , leading to increased liquidity and user participation across platforms.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Japan’s 40-Year Bond Yield Hits Record 3.7%

Japan’s 40-year government bond yield reaches an all-time high of 3.7%, reflecting changing interest rate dynamics.Historic High for Japan’s Long-Term BondsWhat’s Driving the Surge?Broader Implications for Markets

Coinomedia2025/11/20 07:30
Japan’s 40-Year Bond Yield Hits Record 3.7%

$645M in Crypto Liquidations as Bitcoin Dips to $88K

$645M liquidated in 24 hours as Bitcoin drops to $88K; longs took a $459M hit, shorts lost $185M amid market volatility.Massive Crypto Liquidations as Bitcoin TumblesLongs Take the Biggest HitShorts Also Suffer as Price Swings Continue

Coinomedia2025/11/20 07:30
$645M in Crypto Liquidations as Bitcoin Dips to $88K

Fed Halts QT, Crypto Balances Hopes for Rate Cuts Amid Regulatory Challenges

- The Fed ended its QT program on December 1, halting balance sheet reductions to support inflation targets and employment goals. - Crypto markets face mixed signals: reduced QT may ease rate pressures but Bitcoin ETFs saw $523M outflows as rate cut odds dimmed. - Clapp Finance launched multi-collateral crypto credit lines to address liquidity needs amid volatile markets and CeFi lending growth. - Bullish reported $18.5M Q3 net income but its stock fell 40% since August, reflecting broader crypto market un

Bitget-RWA2025/11/20 07:16
Fed Halts QT, Crypto Balances Hopes for Rate Cuts Amid Regulatory Challenges

Bitcoin Updates Today: Bitcoin’s Downward Trend Teeters Amid Potential for a Short Squeeze

- Bitcoin perpetual futures show 52.5% short dominance, signaling institutional caution amid mixed exchange positioning. - Binance leads with 52.94% shorts, while Gate.io's 50.45% ratio reflects a more balanced risk appetite across platforms. - Backwardation and $450M ETF outflows highlight market stress, historically preceding 45% average rebounds after capitulation phases. - Short squeeze risks and potential $85k price targets underscore the fragile equilibrium between bearish sentiment and reversal cata

Bitget-RWA2025/11/20 07:16
Bitcoin Updates Today: Bitcoin’s Downward Trend Teeters Amid Potential for a Short Squeeze