Hyperliquid Token HYPE Expands Cross-Chain Reach via Wormhole
Hyperliquid has expanded its reach by allowing transfers of its native token HYPE to multiple chains via Wormhole. This move enables traders and liquidity providers on Solana, Base, and Unichain to engage with HYPE without leaving their preferred ecosystems.
The rollout, which began on September 3, 2025, utilizes Wormhole's Native Token Transfers standard (NTT). As a result, HYPE can now be transferred to Solana, Base, and Unichain. The stated goal is to reduce liquidity fragmentation, lower fees, and increase transaction speeds for HYPE holders.
The expansion has led to increased trading activity in HYPE on Solana's Jupiter platform and in Uniswap pools on Unichain. The tokenized value of the Wormhole-issued version on Solana reached approximately $66 million, with daily trading volumes in the millions. This has been tied to strong adoption, with HYPE trading at around $90.
The Hyperliquid blockchain is designed for on-chain perpetual futures and spot trading, utilizing its HyperCore engine, which can process up to 200,000 orders per second. This infrastructure aims to make cross-chain interactions seamless and efficient.