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SafePal Brings Hyperliquid Perpetuals to Wallet in Major DeFi Push

The wallet provider is deepening its bet on decentralized derivatives trading with a three-part integration.

Updated Nov 19, 2025, 2:04 p.m. Published Nov 19, 2025, 8:00 a.m.
(Pixabay)
Crypto wallet provider SafePal said it is deepening its bet on decentralized derivatives trading with a three-part integration of leading perpetuals exchange Hyperliquid. (Pixabay, modified by CoinDesk)

What to know:

  • Crypto wallet provider SafePal said it is deepening its bet on decentralized derivatives trading with a three-part integration of leading perpetuals exchange Hyperliquid.
  • The update rolls out Hyperliquid’s perpetuals directly inside SafePal’s app, letting users trade BTC, ETH, and other popular cryptocurrencies through both the company’s software and hardware wallets.
  • SafePal CEO Veronica Wong said the move is partly a response to the industry’s recent wake-up call on risk management, pointing to the liquidation cascade on Oct. 10, which wiped out billions in open interest.

Crypto wallet provider SafePal said it is deepening its bet on decentralized derivatives trading with a three-part integration of leading perpetuals exchange Hyperliquid, marking one of the wallet provider’s most aggressive moves yet toward becoming a full-stack trading hub.

The update rolls out Hyperliquid’s perpetuals directly inside SafePal’s app, letting users trade BTC, ETH, and other popular cryptocurrencies through both the company’s software and hardware wallets.

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The integration aims to replicate the speed and feel of a centralized exchange while keeping execution and liquidity fully on-chain, according to an announcement on Wednesday.

The news arrives as decentralized perpetuals trading volumes continue to rise, jumping from roughly 6% to more than 20% of centralized exchange activity this year, according to DeFiLlama.

SafePal CEO Veronica Wong said the move is partly a response to the industry’s recent wake-up call on risk management, pointing to the liquidation cascade on Oct. 10, which wiped out billions in open interest.

“The events of Oct. 10 were a reminder of how fragile trading systems can be when perpetual platforms can’t withstand volatility or lack fair liquidation mechanisms,” she said in a press release shared with CoinDesk. “The Hyperliquid integration is key to changing that — bringing users decentralized, transparent, and reliable perpetual trading directly through our mobile and hardware wallets.”

Alongside perpetuals, SafePal is also adding support for the HyperEVM blockchain, enabling direct access to Hyperliquid ecosystem applications, with browser extension compatibility coming next. The company says these additions are part of a broader 2025 roadmap to expand its CeFi–DeFi offerings.

Read more: SafePal and 1inch to Give Away Hardware Wallets to Boost DeFi Security

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