MetaMask plans a Hyperliquid integration from October 2025 with a 0.1% builder fee, while South Africa’s VALR is using the network’s shared perpetuals liquidity instead of building its own order book.
Hyperliquid’s Ethereum-compatible HyperEVM is connected directly to its HyperCore blockchain, a setup designed to let wallets and exchanges access shared liquidity for perpetual futures rather than creating separate derivatives infrastructure. Hundreds of developers have integrated through builder codes, including MetaMask, Phantom wallet and South Africa’s VALR, and those integrations have generated about $90 million in revenue so far, according to Flowscan. MetaMask is set to integrate Hyperliquid from October 2025 and charge a 0.1% builder fee on notional trading volume, while VALR is using Hyperliquid instead of building its own perpetuals order book.