In a notable development for the cryptocurrency market, 21Shares has introduced the first-ever Hyperliquid ETP on the SIX Swiss Exchange. This innovative financial product offers both institutional and retail investors regulated exposure to the HYPE token, removing the need for wallets or on-chain custody.
Revolutionizing DeFi Investment with Hyperliquid
The Hyperliquid platform, launched in late 2022, has quickly become a major force in decentralized finance (DeFi). Unlike many competitors, Hyperliquid employs a traditional on-chain order book to facilitate fast, efficient matching of buy and sell orders. Transactions are executed in under a second without depending on oracles or third-party infrastructure, setting it apart from automated market maker models. Its efficient fee structure channels transaction costs into daily buybacks of HYPE tokens, a mechanism that has propelled growth in both demand and market value.
Impressive Adoption Metrics
July 2025 proved to be a milestone for Hyperliquid, with the platform processing $319 billion in trades—setting a record for a DeFi perpetuals platform. Hyperliquid also captured 35% of total blockchain revenue, positioning itself as a leader in the sector alongside established names on Solana, Ethereum, and BNB Chain. With more than 600,000 users globally and daily trading activity ranking seventh among derivatives exchanges, Hyperliquid’s impressive adoption underscores the growing popularity of DeFi derivatives.
21Shares Continues to Lead in Digital Asset Products
Since its founding in 2018, 21Shares has been at the forefront of regulated crypto asset management, offering innovative solutions like the first physically backed crypto ETP. The addition of the Hyperliquid ETP adds to their extensive suite of crypto offerings, which include single-asset products for Solana (SOL) and Dogecoin (DOGE), along with diversified funds and staking-focused options.
Long-Term Vision for DeFi Growth
Despite short-term challenges, such as July’s brief 37-minute outage and instances of market manipulation that affected smaller participants, industry experts remain bullish on Hyperliquid’s potential. Speaking at the WebX 2025 conference in Tokyo, BitMEX co-founder Arthur Hayes projected that the HYPE token could experience a 126-fold increase over the next three years.
For those interested in exploring the DeFi market, the 21Shares Hyperliquid ETP offers a secure and regulated entry point. Platforms like eToro, a highly popular cryptocurrency trading platform, provide an excellent way to start investing in digital assets. With features such as automatic trade copying and multiple payment options, eToro supports traders of all experience levels.
Conclusion
The launch of the Hyperliquid ETP signals a significant step toward expanding institutional and retail access to DeFi technologies. As innovative platforms like this continue to emerge, they are reshaping the future of finance and fostering broader adoption of decentralized systems.
