Trust Wallet, one of the largest self-custody crypto wallets globally, announced the integration of Hyperliquid, embedding the perpetual futures engine directly into its mobile app. Users can access over 200 perpetual futures markets — from Bitcoin and Ethereum to Brent crude oil and the S&P 500 index — without leaving the wallet. The first three months of trading are fee-free.
Hyperliquid's Dominance in On-Chain Derivatives
Hyperliquid currently accounts for roughly one-third of all on-chain derivatives volume, processing over $3 billion daily, making it the largest single venue for on-chain perpetuals. The integration lets Trust Wallet users place orders directly in the app, eliminating the need to connect external dApps or switch interfaces. For a self-custody wallet, this leapfrogs the typical "spot swap only" stage.
RWA Open Interest Hits Record High
Hyperliquid's RWA open interest surged past $2.3 billion in early April, a new all-time high. Brent crude accounted for over $576 million and WTI crude $561 million; six of the top ten most active trading pairs are RWA-linked assets. Trust Wallet users can now trade these real-world asset perpetuals directly.
New CEO Accelerates Product Rollout
Trust Wallet appointed former OKX product lead Felix Fan as CEO in February. Since taking over, he launched price impact protection, prediction market integration, and one-click swap features. The Hyperliquid tie-up is the fastest move yet. "Users need a better trading experience, tighter spreads, and simpler position and asset management," Fan said. "All of this can be done smoothly within the Trust Wallet mobile app."
Note: The feature is not available in the U.S., UK, Hong Kong, Australia, or most EU countries. Several of the world's largest crypto trading markets are excluded for now.