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Bitget Wallet’s Strategic Expansion into DeFi Ecosystem with HyperEVM Integration

Bitget Wallet’s Strategic Expansion into DeFi Ecosystem with HyperEVM Integration

Published:
2025-10-31 16:01:27
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In a significant move that underscores the growing convergence between centralized and decentralized finance, Bitget Wallet has announced the integration of HyperEVM, marking a pivotal moment in the wallet's evolution toward becoming a comprehensive Web3 gateway. This strategic integration, announced in late 2025, represents one of the most substantial developments in the cryptocurrency wallet space this year, potentially reshaping how millions of users interact with decentralized applications and cross-chain functionalities. The partnership brings together Bitget Wallet's massive 80-million user base with Hyperliquid's advanced Layer-1 infrastructure, creating what industry analysts are calling a 'game-changing synergy' in the DeFi landscape. What makes this integration particularly noteworthy is its timing - coming at a period when the cryptocurrency market is experiencing renewed institutional interest and retail adoption. The HyperEVM integration positions Bitget Wallet not just as a storage solution, but as a full-fledged DeFi hub capable of competing with established Web3 wallets while offering unique advantages through its connection to the Bitget ecosystem. This development signals a broader trend in the industry where traditional crypto service providers are rapidly expanding their DeFi capabilities to meet growing user demand for seamless, integrated blockchain experiences. The integration's potential impact extends beyond immediate user convenience, potentially influencing how other major wallet providers approach ecosystem development and partnership strategies in the increasingly competitive cryptocurrency infrastructure space.

Bitget Wallet Expands DeFi Capabilities with HyperEVM Integration

Bitget Wallet, a leading self-custodial crypto wallet, has integrated HyperEVM, an Ethereum-compatible smart contract layer powering the Hyperliquid Layer-1 blockchain. This move grants Bitget's 80 million users access to Hyperliquid's high-liquidity ecosystem, enabling cross-chain transfers, DeFi interactions, and $HYPE token utilities directly within the wallet.

Hyperliquid has emerged as a DeFi frontrunner, combining centralized exchange efficiency with decentralized transparency. Its HyperCore-powered Layer-1 handles spot and perpetual markets seamlessly, while HyperEVM's smart contract functionality unlocks programmable DeFi applications. The integration positions Bitget Wallet as a critical bridge between traditional DeFi tools and next-generation Layer-1 networks.

Bitget and Nansen Report Reveals $23.1B Institutional Liquidity Surge

Bitget, the world's largest Universal Exchange (UEX), has emerged as a pivotal player in institutional crypto adoption, according to a new liquidity analysis report co-authored with Nansen. The platform recorded $23.1 billion in trading volume, securing its position as the second-largest global exchange by this metric.

Institutional participation on Bitget has surged dramatically this year, with reported institutional volume on its spot markets jumping from under 40% to over 70%. The exchange now demonstrates order-book depth and execution metrics rivaling top-tier centralized exchanges, particularly for major trading pairs like BTC/USDT, ETH/USDT, and SOL/USDT.

Futures activity shows parallel growth, supported by record order-book depth and consistently tight spreads. These developments position Bitget as a growing liquidity hub in the digital asset market, increasingly resembling institutional-grade trading venues.

Bitcoin Dips Below $113K as Fed Rate Decision Looms

Bitcoin fell 1.1% to $112,806 amid cautious trading ahead of the Federal Reserve's anticipated 25-basis-point rate cut. Ethereum and Solana mirrored the decline, dropping 2.1% and 3.3% respectively, as the total crypto market cap slid to $3.8 trillion.

Tech earnings provided a counterbalance to crypto's slump, with Microsoft's OpenAI stake acquisition fueling Asian equity gains. The Nikkei hit record highs, demonstrating risk appetite divergence between traditional and digital asset markets.

Market participants await the Fed's potential dovish pivot, which Bitget's Gracy Chen suggests could inject liquidity into risk assets. The central bank's signal may determine whether crypto's pullback represents temporary consolidation or a broader trend reversal.

TRUMP Coin Price Halts at $8, A Pause or Trend Reversal Ahead?

TRUMP coin's recent volatility has traders on edge as the price stalls NEAR $8 after a 36% weekly surge. The token now faces a critical test at its 7-day SMA support of $6.91, with RSI cooling to 64.76 from overbought territory.

Market activity remains feverish with $1.71 billion in 24-hour volume, fueled by speculation about Fight Fight Fight LLC's potential acquisition of Republic.com's US platform and Bitget's Onchain Challenge. The $1.61 billion market cap suggests sustained interest despite the 2.11% pullback from yesterday's $8.64 rejection.

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