HYPE, Hyperliquid's native asset, is now multichain on Unichain powered by Wormhole NTT. This integration ensures HYPE's core functionalities remain fully operational while accessing Unichain's optimized infrastructure and growing ecosystem.
What is Hyperliquid?
Hyperliquid is a performant L1 blockchain featuring HyperCore, which powers fully onchain perpetual futures and spot order books supporting 200,000 orders per second with billions in daily volume. This unified architecture includes HyperEVM, an EVM-compatible smart contract platform that maintains direct integration with Hyperliquid's financial infrastructure.
Unlike traditional blockchain architectures, Hyperliquid's design enables seamless access to mature, liquid onchain order books as permissionless building blocks for developers. The platform combines the speed and efficiency of centralized exchanges with the transparency and composability of decentralized protocols.
What is NTT?
Wormhole’s NTT (Native Token Transfers) is an open and composable framework for seamlessly transferring native tokens across blockchains while preserving their intrinsic properties. NTT is already powering natively multichain tokens for leading projects such as Sky, Lido, WalletConnect, RedStone, and Wormhole's W token, demonstrating its industry-wide impact and reliability. With HYPE, another leading asset joins the ranks of NTT adopters.
Why NTT?
By leveraging Wormhole's NTT framework, HYPE can scale seamlessly beyond Hyperliquid to Unichain while eliminating liquidity fragmentation. With NTT, tokens maintain full control over their behavior on each chain, including aspects such as customizability, metadata management, and ownership or upgradeability. This ensures compatibility with any token standard or governance system, offering unparalleled flexibility and adaptability.
The expansion to Unichain opens new opportunities for HYPE holders to participate in the DeFi-native ecosystem with near-instant transactions, significantly reduced costs, and enhanced cross-chain liquidity capabilities that Unichain provides, while maintaining the performance characteristics that make Hyperliquid's financial primitives unique.
Take Your Token Multichain with NTT
NTT is already being used by some of crypto’s most systemically important assets, like Lido’s wstETH and Sky’s (formerly Maker) USDS, to unify users and liquidity.
Check out the Wormhole NTT Docs, or get in touch to go multichain and grow your token’s reach with an open and flexible standard trusted by the industry’s leading crypto assets.
Learn More
Learn more about NTT in a 15-minute workshop given by Wormhole Foundation Product Lead, Nikhil Suri.
About Wormhole
Wormhole is the leading interoperability platform that powers multichain applications and bridges at scale. Wormhole provides developers access to liquidity and users on over 40 of the leading blockchain networks, enabling use cases that span DeFi, NFTs, governance, and more.
The wider Wormhole network is trusted and used by teams like Circle and Uniswap. To date, the platform has facilitated the transfer of over 60 billion dollars through over 1 billion cross-chain messages. To learn more about Wormhole, follow on X, join the Discord, or read more on the blog.