Infographic: 30 Hyperliquid Web3 business partners building an operating system for on-chain liquidity

The Web3 asset data platform RootData has compiled Hyperliquid’s 30 Web3 business partners, covering a range of key areas including stablecoins, cross-chain infrastructure, wallet gateways, DeFi protocols, institutional custody, and trading ecosystems, gradually forming a comprehensive on-chain financial system.

At the capital layer, Hyperliquid has integrated with stablecoin issuers such as Circle, Tether, and Ethena. In terms of fundamental infrastructure, it connects with cross-chain and oracle service providers such as Chainlink, Axelar, deBridge, and Ripple. At the user access layer, it is compatible with wallets and frontend tools like Phantom, Rabby Wallet, and DeBank, lowering the entry barrier for users.

Meanwhile, more native DeFi protocols are emerging within its ecosystem, such as Pendle, Felix, HypurrFi, and HyperBeat. According to RootData, the Hyperliquid ecosystem has included 145 quality projects, indicating that Hyperliquid is attracting more financial applications to build their businesses around its liquidity.

In addition, the participation of custodial service providers such as Anchorage Digital, BitGo, and Fireblocks has allowed it to begin connecting with larger-scale institutional capital. Trading platforms and market makers including a certain exchange, trade.xyz, and IMC Trading are further enhancing market liquidity.

Overall, Hyperliquid is continuously expanding outward around “on-chain liquidity,” aiming to replicate the ecological model of centralized exchanges on-chain, but with the focus no longer on the account system. Related compilation 【Hyperliquid Web3 Partner Network Collection (Continuously Updated)】

It has become a key method for crypto projects to proactively showcase their partner networks to enhance transparency and market trust. Reportedly, RootData welcomes Web3 project representatives to claim their information records and continuously tracks and opens up more project business relationship disclosure channels. The platform has published multiple crypto project ecosystem overviews in succession, nominating Web3 ecosystem partners serving upstream clients such as Visa, Mastercard, and a certain exchange.

If you wish to nominate your project in future ecosystem overviews, you are welcome to fill in the 【RootData 2026 Industry Ecosystem Mapping 】form to add your important clients and partners.