Official Updates

Announcement Date

      June 9, 2026
    

Source: @NEARProtocol Official X Account

Hyperliquid Perps Now Available on near.com

The NEAR Protocol has launched an integration of Hyperliquid Perpetual Futures onto its consumer platform at near.com. The new development has opened a whole new world of opportunities in terms of DeFi accessibility, as traders will be able to take part in derivatives trading without exiting the NEAR ecosystem.

Main Features of Integration:

40x Leverage Access: Access to Up to 40x Leverage: With Hyperliquid Perpetual Futures, traders can use up to 40x leverage when trading on the protocol.
35+ Chain Deposits: Deposits From 35+ Chains: It is possible to make deposits from 35+ different chains, such as Bitcoin, Ethereum, Solana, Polygon, Arbitrum, Optimism, and many more without bridge transfers..
50+ Markets: Over 50 Markets: The list of available markets exceeds 50 and includes a variety of crypto, commodities, indices, and predictions.
Chain Abstraction Technology: The technology allows for cross-chain trades thanks to NEAR Chain Signatures and Intents technology.

Future Roadmap: NEAR Protocol teased "Confidential Perps" as the next phase, suggesting privacy-preserving trading features are in development. The official statement emphasized: "Today is step one."

Market Sentiments & Reactions

The integration is sparking discussions everywhere in the DeFi ecosystem, with engineers praising the technical achievement and risk managers keeping a wary eye on the horizon.

Chain Abstraction Validation: The launch represents a significant proof-of-concept for NEAR's Chain Signatures from the community perspective, who feel that the protocol is finally addressing the fractured liquidity problem highlighted in technical post-mortems on the NEAR Chain Abstraction Hub by supporting external perpetuals that run natively on near.com, with no complex bridging required.
Volume and Momentum Surge: External perpetuals piggyback on the massive momentum of the derivatives platform. On-chain analytics aggregated through CoinStats Protocol Analytics saw a 118% increase in open interest on Hyperliquid in 30 days, suggesting a strong trader appetite in the 40x leverage markets that are now available on NEAR.
High-Leverage Warnings: Macro financial outlets have urged caution despite the excitement. Reports highlighted by the Wall Street Journal, retail traders need to recall hyper-leveraged perpetual futures carry high liquidation risks to such degree, as dramatic volatility has erased massive amounts of open interest on the decentralized exchanges in minutes.
Institutional Capital Rotation: According to the daily buffer tracked by CoinMarketCap Price Analysis. Crypto research, leading capital is rotating into L1s that offer real-world utility and integrated AI narratives and is coming after NEAR in focus of the upgrade.