$ROUTE to be Listed on Hyperliquid: Cross-Chain Deposits from 30 Networks
Overview of the $ROUTE and Hyperliquid Integration
$ROUTE is set to be listed on Hyperliquid, revolutionizing cross-chain deposits from over thirty networks. This partnership is spearheaded by Router Protocol, a leader in cross-chain solutions. The integration allows users to deposit assets directly into Hyperliquid, streamlining what was previously a two-step transfer process involving Arbitrum.
Enhancements Offered by the Integration
- Seamless Deposits: Users can now deposit funds directly from their source blockchain into Hyperliquid, bypassing cumbersome procedures.
- Router Nitro's Role: As the first bridge to facilitate these deposits, Router Nitro ensures low costs and high-speed transactions.
- Empowered Ecosystem: Hyperliquid is enhancing its ecosystem, which has already seen over $1 billion in net stablecoin inflows and a total value locked exceeding $3 billion.
Benefits of Using Router Nitro
- Cross-Chain Asset Transfers: Unmatched accessibility to major EVM and non-EVM chains.
- Additional rewards for HyperBeat stakers from $ROUTE buybacks.
- Future Proofing: With the upcoming HyperEVM mainnet, $ROUTE trading will soon be available.
About Router Protocol and Its Vision
Router Protocol is dedicated to enhancing cross-chain functionality, making asset transfers secure and efficient. Backed by notable investors, its suite of products, including Router Nitro, streamlines cross-chain operations for developers and users alike.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.