Decentralized exchange Hyperliquid rolls out ETH spot trading shortly after merging HyperCore and HyperEVM
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Decentralized exchange Hyperliquid has launched direct ETH spot trading and integrated its HyperCore and HyperEVM layers, marking a significant platform expansion. The DEX, known for perpetual futures trading, now supports ETH deposits and withdrawals across its trading platform and Hyperunit asset tokenization layer.
March 27, 2025 | 5:45 pm
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POSITIVE IMPACT
Hyperliquid's introduction of ETH spot trading provides an additional trading platform for Ethereum, potentially increasing liquidity and accessibility.
The addition of ETH spot trading on a growing decentralized exchange could marginally increase ETH demand and trading volume, potentially supporting price.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70