Hyperliquid Launches ETH Spot Trading Post HyperCore Merge

CoinMarketCap
28 Mar
What to Know:
  • Hyperliquid integrates ETH spot trading post-merger.
  • Immediate efficiency boost in trading operations.
  • Potential for increased liquidity in the marketplace.
Hyperliquid Launches ETH Spot Trading Post HyperCore Merge

Hyperliquid has launched Ethereum (ETH) spot trading after merging HyperCore and HyperEVM, announced on March 27, 2025.

The move signifies a strategic step to enhance trading services, with early market reactions indicating optimism among traders.

HyperCore and HyperEVM Merger Elevates Trading Services

Hyperliquid, a decentralized exchange, has launched Ethereum spot trading after successfully merging HyperCore and HyperEVM. This step aims to boost trading capabilities and streamline services for users.

Involved in the process are Hyperliquid's development and operational teams who facilitated the smooth integration. This change marks an evolution in Hyperliquid's operational strategy.

ETH Trading Volumes Surge Post-Merger Announcement

Following the launch, there was an immediate uptick in trading volumes on Hyperliquid. The market's reaction showcases growing confidence in decentralized platforms.

Ethereum (ETH), the second-largest cryptocurrency, is trading at $2,000.650, with a 24-hour trading volume of $12,307,487,175, according to CoinMarketCap. It portrays a market cap of $241 billion, while price movements over 30 days have decreased by 17.25%.

Upgrades Promise Lower Costs and Higher Liquidity

Historically, similar platform enhancements have led to increased market activity. Events like this generally spur innovation in trading technologies.

Experts suggest these upgrades could result in increased liquidity and reduced transaction costs. Historical data shows positive trends in adoption post-integration.

"Hyperliquid showed its true colors. It's a centralized exchange masquerading as a DEX." — Arthur Hayes, Co-founder, BitMEX
Read original article on bitcoininfonews.com

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10