Coin World News, Valr, the largest crypto exchange in Africa, announced an integration with Hyperliquid, launching over 200 cross-asset perpetual contract markets. The price of HYPE rose over 7% following the news, recovering to $70. Valr stated that the product will cover multiple markets including crypto assets, stocks, indices, commodities, precious metals, and forex, and is expected to launch on July 6. This move marks the first time a major regulated exchange has natively integrated an on-chain protocol to provide liquidity and trade execution. Valr Chief Operating Officer Gianluca Sacco said that this integration will provide users with deeper on-chain liquidity.

HYPE1.27%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • 2
  • Share
Comment
Add a comment
Add a comment
RefrigeratorMagnetContract
· 4h ago
From BTC-based to full-asset perpetuals, African retail investors have maxed out their leverage toolbox—this script is all too familiar.
View OriginalReply0
SpiralSeaSalt
· 4h ago
Gianluca Sacco makes it sound easy, but the compliance costs behind it are probably astronomical — dual operations of African licensing + on-chain execution.
View OriginalReply0
GateUser-e6dafce6
· 4h ago
Native integration with on-chain protocols for liquidity is far better than those fake DeFi schemes that use wrapped tokens. The fact that regulators would actually dare to play this way really makes them the first.
View OriginalReply0
  • Pinned