VALR is integrating Hyperliquid as an onchain infrastructure layer for a new perpetual futures product covering more than 200 markets.
The VALR Perps launch is scheduled to go live on web on July 6, with mobile app access set to follow later. The Johannesburg-based exchange said users will be able to open and manage positions directly inside VALR while order execution and liquidity are routed through the Hyperliquid integration.
The market list spans crypto assets, global equities, equity indices, precious metals, commodities and forex pairs. VALR named Nvidia, Tesla, Apple, SK Hynix, Samsung, Palantir, SpaceX, Brent crude, WTI crude, natural gas, gold, silver, platinum, copper, EUR/USD, GBP/USD and USD/JPY among the covered markets.
The product expands VALR’s derivatives suite after the exchange introduced its first perpetuals offering in 2023.
Hyperliquid Becomes Backend Infrastructure
The integration makes Hyperliquid part of VALR’s derivatives backend rather than only a standalone onchain trading venue. VALR described the launch as the first time a major regulated exchange has natively integrated an onchain Layer 1 protocol to source liquidity and execute trades across cross-asset perpetuals.
VALR acts as the user-facing exchange layer, while Hyperliquid supplies the onchain liquidity and execution infrastructure for the new markets. The arrangement gives VALR users access to Hyperliquid-backed markets without leaving the VALR platform.
Hyperliquid has already been used inside other crypto interfaces. NEAR recently added Hyperliquid perps with deposits from more than 35 chains and access to more than 50 markets. VALR’s launch moves the model into a centralized-exchange account structure with fiat-facing onboarding, existing user accounts and local regulatory licensing.
VALR’s risk disclosure says Perps order management, execution, liquidations, margin requirements, position management, mark prices and funding rates are managed by third-party liquidity providers. The exchange says it acts as an intermediary for access to those services.
VALR Serves 1.9M Registered Users
VALR is licensed by South Africa’s FSCA and holds a provisional license from the Cayman Islands Monetary Authority. The exchange serves more than 1.9 million registered users and 1,900 corporate and institutional clients worldwide.
The launch comes as Hyperliquid continues to dominate decentralized perpetuals by open interest and volume. Hyperliquid recently held more than $8 billion in open interest as perp DEX liquidity concentrated around its order books and onchain execution model.
Hyperliquid has also expanded into real-world asset-linked perpetual markets, including oil, metals, equities and pre-IPO-style exposure. VALR’s integration brings those cross-asset markets into an African exchange platform already offering spot trading, margin, perpetuals, staking, lending, borrowing, OTC services, crypto bundles and payments.
VALR Perps is scheduled to launch on web on July 6, with mobile availability planned shortly after.
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