Hyperliquid Puts Wall Street Onchain — Will This Warp Crypto Volatility Next?

Bitget Wallet has integrated Hyperliquid’s HIP‑3 infrastructure, effectively plugging 24/7, permissionless onchain macro markets directly into its self‑custodial “everyday finance” app.

The offered RWAs include around 300 equities and ETFs, major indexes, and commodities like gold, crude oil, and natural gas. Alongside this, users can also partake in chosen local macro products and pre‑IPO markets tied to private names like SpaceX, OpenAI, and Anthropic.

As usual with DeFi, everything runs 24/7/365. Bitget positions the new effort as part of their “everyday finance” push where one app handles both crypto and macro exposure under self‑custody.

Hyperliquid’s HIP‑3 turns the protocol into permissionless financial infrastructure, letting builders deploy their own perp markets onchain, with full control over oracles, leverage limits, and settlement logic. Bitget Wallet is effectively riding this rail to surface 24/7 macro markets to its 90M+ user base, without running a centralized exchange order book itself. CEXs offer deep liquidity but require deposit/custody. Since with HIP‑3 markets route through a non‑custodial wallet, user assets stay in their control while accessing similar macro exposure.

This integration turns the wallet into a front‑end for a 24/7 global macro rail, blurring the line between DeFi and traditional brokerage.

As geopolitical shocks and commodity spikes increasingly happen outside regular market hours, traders are leaning on HIP‑3 perps as a real‑time macro sentiment gauge while traditional venues are closed.

The new ventures align with a broader DEX trend where onchain perps volume and open interest are climbing. Some analysts like Arthur Hayes are projecting Hyperliquid’s HYPE token and HIP‑3 markets could challenge centralized incumbents over the next cycle.

Bitget Wallet users can now fade or ride moves in gold, oil, equity indexes, and selected pre‑IPO names 24/7, from the same interface they use for crypto, while keeping custody and tapping onchain liquidity. This creates a number of new opportunities, like new hedging tools for crypto‑native portfolios (e.g., short NASDAQ, long BTC during a macro risk‑off), higher weekend and overnight volatility as positions can be opened or closed when TradFi is asleep and anew battleground between CEX derivatives desks and permissionless perps for high‑beta macro flow.

Cover image from Perplexity,