Wormhole Unleashes HYPE on Solana: Hyperliquid's Native Token Goes Multichain for Seamless DeFi Flows

HYPE's Multichain Expansion Hits Solana

Wormhole announced on October 10, 2025, that HYPE—the native asset of Hyperliquid, a high-performance L1 for onchain perpetuals and spot trading—has gone natively multichain on Solana via its Native Token Transfers (NTT) framework. This bridges Hyperliquid's ultra-fast order books (200,000 orders per second) with Solana's low-cost ecosystem, letting users transfer and use HYPE seamlessly without wrapped versions, unlocking deeper liquidity and new trading plays across chains.

Hyperliquid's Power Meets Solana's Speed

How NTT Makes HYPE Native on Solana

NTT works by transferring tokens like HYPE while keeping their original properties intact—custom rules, metadata, and ownership stay the same, so HYPE on Solana behaves just like on Hyperliquid but taps Solana's 65,000 TPS for near-instant actions. Unlike traditional bridges that wrap tokens (creating derivatives that can fragment liquidity), NTT ensures a single, unified asset: When you send HYPE from Hyperliquid via Wormhole's Portal, it arrives as native HYPE on Solana, ready for swaps or lending without extra steps or risks like bridge hacks (which have drained $2B+ historically).

HYPE's Core Cross-Chain Tools

• Instant transfers via Portal: Send HYPE from Hyperliquid to Solana in under 10 seconds at $0.00025 fees, preserving full utility for perps or spot trades.
• Unified liquidity across chains: No fragmentation means tighter spreads—HYPE's $1B+ daily volume on Hyperliquid now flows to Solana pools without dilution.
• DeFi integrations: Swap on Jupiter, provide liquidity on Meteora, trade perps on Drift, or use in protocols like Orca, Raydium, Houdini Swap, Flash Trade, Tuna, Loopscale, and Titan Exchange.
• Future-proof design: NTT's composability lets HYPE expand to more chains (like Unichain), with governance and upgrades controlled by Hyperliquid's team.

Cross-Chain Liquidity's Boost for Traders

A $500 HYPE perp position on Drift illustrates the edge: On Solana, NTT's native transfer lets you leverage Hyperliquid's deep order books (billions in volume) without bridging delays or wrapper risks—your trade executes in 150ms, saving $2 in fees compared to Ethereum equivalents, where fragmentation spikes slippage 3x during volatility.

For liquidity providers on Meteora, unified HYPE means pools deepen faster: A $1,000 LP stake earns 0.5% more APY from cross-chain flows, as traders arbitrage HYPE prices between Hyperliquid and Solana without wrapped token discounts that cut liquidity 20-30% in older setups.

NTT's Edge in Multichain DeFi

During a Solana pump, swapping HYPE for SOL on Jupiter shows NTT's efficiency: Native status means no conversion losses (wrappers often trade at 1-2% discounts), so your $200 trade nets full value in seconds, fueling strategies like yield farming on Orca where HYPE pairs generate $10 daily fees from $5B volume spikes.

For institutions bridging $100K HYPE, the framework's security (backed by Wormhole's 650 validators) minimizes risks: Transfers avoid single-point failures, and unified tokens reduce arbitrage gaps, potentially adding 1% to returns by enabling seamless lending on Drift without chain-hopping costs that eat 0.5% per move.

HYPE's Multichain Momentum on Solana

Wormhole's NTT integration for HYPE bridges Hyperliquid's trading firepower with Solana's ecosystem, creating unified liquidity that cuts costs and opens doors to hybrid DeFi—traders get deeper markets, providers earn more, and Solana cements its spot as a multichain hub for high-volume assets.