Unlocking the Power of Perpetual Futures with Hyperliquid
Liquidity is key to success in the crypto market, and Hyperliquid is revolutionizing the way traders access perpetual futures. As a decentralized exchange, Hyperliquid offers a platform for traders to speculate on asset prices with leverage and no expiration date. With its Ethereum-compatible HyperEVM and super-fast HyperCore blockchain, Hyperliquid provides a seamless trading experience.
By allowing other applications to compose atop its platform, Hyperliquid is creating a network effect that deepens liquidity and expands the variety of assets. This has attracted hundreds of developers, including big names like MetaMask and Phantom wallet, who are using Hyperliquid’s system of “builder codes” to generate revenue. In fact, builders have generated some $90 million in revenue so far, making Hyperliquid an attractive solution for those looking to earn passive income.
Building on Hyperliquid
Hyperliquid’s platform is often compared to AWS for finance, providing a layer-one blockchain infrastructure that allows builders to focus on delivering a great user experience. With Hyperliquid handling the underlying liquidity and execution, builders can charge fees on the notional size of their users’ trades without developing the backend or maintaining liquidity. This makes it an ideal solution for apps like MetaMask, which has given its users self-custodial access to perps directly from the wallet.
By integrating with Hyperliquid, MetaMask can offer its users best-in-class on-chain liquidity and institutional-grade infrastructure, earning fees on every trade. This is a prime example of how Hyperliquid is enabling passive income opportunities for its users. As the platform continues to grow, it’s likely that we’ll see more innovative use cases emerge, particularly in the realm of cloud rewards and green crypto.
A New Era for Perpetual Futures
As more exchanges and apps integrate with Hyperliquid, the opportunities for cross-venue arbitrage will increase. This could lead to more organic mechanisms for funding rates, making it easier for traders to earn a profit. With its strong focus on earning and coin management, Hyperliquid is poised to become a leading player in the EcoPool network, offering a unique solution for those looking to tap into the power of $ECP.
Whether you’re a seasoned trader or just starting to explore the world of crypto, Hyperliquid’s platform offers a range of benefits that can help you achieve your financial goals. With its commitment to transparency and innovation, Hyperliquid is an exciting development in the world of passive income and cloud rewards. As the platform continues to evolve, it’s likely that we’ll see more opportunities emerge for those looking to earn a profit in the EcoPool network.
To start earning with Hyperliquid and the EcoPool network, download the EcoPool app today. With its user-friendly interface and robust features, the EcoPool app is the perfect tool for anyone looking to tap into the power of $ECP and start building their wealth.
“The perps part is great, but this is really a layer-one blockchain infrastructure. The service on offer is actually liquidity, and having all these markets work well, and allowing anyone to build things on top of them,” Jian said in an interview.
Similar to AWS for cloud infrastructure, builders own their users and fully control the user interface, while Hyperliquid provides the underlying liquidity and execution. Builder code integrators charge fees on the notional size of their users’ trades without developing the backend or maintaining liquidity.
“Builder codes let integrators focus on what they do best, delivering a great user experience, while Hyperliquid serves as the backend for liquidity and execution,” said Sterling Barnett, business development lead at Hyperliquid Labs, via email. “Integrators can offer their users best-in-class onchain liquidity and institutional-grade infrastructure, and earn fees on every trade.”
For an app like MetaMask, the Ethereum-based wallet that reports over 100 million users worldwide, it makes perfect sense to fuse with Hyperliquid’s EVM module. MetaMask has given its users self-custodial access to perps directly from the wallet since October of 2025.
Being a wallet has the advantage that there’s no decentralized app (dApp) to connect to, while fund transfers are streamlined to the point where users can trade directly with the tokens they already hold, said Matthieu Saint Olive, Staff Product Manager at MetaMask. It plugs into MetaMask’s money account, social login, and follow trading and leaves Hyperliquid to handle matching, the oracle, and the margin engine, he said.
“Matching orders is genuinely hard, and Hyperliquid is excellent at it, so we don’t try to rebuild it,” said Saint Olive via email. “By routing orders straight to the Hyperliquid order book, MetaMask Perps offers some of the best liquidity and execution quality available anywhere. ”
MetaMask said it’s seeing growth beyond crypto towards things like commodities and equities, according to Saint Olive. “Real-world-asset markets have gone from a small slice of perp volume at the start of 2026 to roughly a quarter of it today,” he said.
When it comes to fees, MetaMask charges a flat 0.1% builder fee, disclosed up front, with no hidden spread and nothing buried in execution, so a trader can verify exactly what they paid. “We think that transparency is the real advantage, and we’re actively exploring more innovative pricing models, because we want the economics to be a reason people choose MetaMask, not a source of friction,” Saint Olive added.
It’s more surprising to find a large centralized exchange handing over liquidity requirements to Hyperliquid’s perps order book. But taking the Hyperliquid route has proved a good option for South Africa-based exchange VALR, ranked among the largest exchanges in Africa with close to two million retail customers and about 2,000 corporate institutional customers, according to the exchange’s CEO and co-founder, Farzam Ehsani.
Having started out offering customers spot market, spot margin, and then perpetuals, the team at VALR built all the infrastructure in-house, including risk and liquidation engines, Ehsani said. Despite all the hard work that went into launching perpetual futures, Ehsani said candidly that it was difficult to get volume and liquidity.
“So perpetual futures on our own books didn’t take off as we had hoped they would, predominantly because of the liquidity and volume,” Ehsani said in an interview. “Our volume is our volume; we are truthful and transparent and don’t do any wash trading or anything like that. We saw Hyperliquid bringing a huge amount of volume and market participants from all over the world together and thought, ‘Why don’t we plug into that?’”
Looking ahead, when the likes of Robinhood, Coinbase, Intercontinental Exchange and others go full throttle into offering perps, there will be opportunities for cross-venue arbitrage, according to Jian of Hyperion.
“Say you are maintaining one position on Robinhood, for example, and the other side of the position on Hyperliquid,” Jian said. “Then, because you have a lot of what’s called non-toxic flow, which is when more retail users are just purely entering and exiting the market, you’ll be able to see more organic mechanisms for funding rates.”
Perps Week 2026
