As of July 6, 2026

Introduction

VALR (the biggest African crypto exchange) is integrating Hyperliquid’s perpetual futures infrastructure, representing a new milestone in the convergence of centralised and decentralised finance (CeDeFi). VALR becomes the first CEX to introduce a comprehensive cross-asset perpetuals product with more than 200 markets, utilising Hyperliquid’s high-performance Layer 1 blockchain and its inventive “Builder Codes”. This development not only unlocks new possibilities for VALR users but also highlights the institutional-grade scalability and maturity that decentralised trading protocols are increasingly achieving.

Key Highlights

Launch of "Perps" on VALR with 200+ cross-asset markets
First CEX to integrate Hyperliquid via Builder Codes
Direct access to decentralized liquidity for crypto, indices, and commodities
Live deployment on web as of July 6, 2026, with mobile support following

Hyperliquid Builder Codes: The Engine of Integration

The technical backbone of this integration is Hyperliquid’s “Builder Code” system. The feature is intended to encourage third-party interfaces and integrations by providing builders a way to get a piece of the trading fees generated on their platform. Here is How Builder Codes Work:

User Approval

The trader grants a one-time, revocable on-chain approval that allows a specific builder to receive execution fees up to a predefined limit.

Builder Code Added

Every order submitted through VALR includes a Builder Code containing the builder's address and the execution fee for that trade.

Hyperliquid Executes

Hyperliquid validates the Builder Code on-chain, executes the trade, and automatically distributes eligible builder fees within protocol limits.

Shared Benefits

Users access Hyperliquid's liquidity, while VALR earns builder fees without maintaining its own matching engine, clearing house, or liquidation system.

Benefits of the Builder Ecosystem

The Builder Code ecosystem has rapidly expanded, with over 100 teams now integrating Hyperliquid's liquidity. This model offers several advantages:

Feature	Benefit to VALR	Benefit to Users
Liquidity Access	Instant access to billions in daily volume.	Tight spreads and deep order books.
Revenue Sharing	Monetization through builder fee allocations.	Competitive pricing and more product choices.
Speed to Market	Rapid deployment of 200+ markets.	Immediate access to trending assets.
Security	Execution on a proven, audited L1.	Transparent, on-chain settlement.

How This Integration Changes Crypto Exchanges

The VALR-Hyperliquid integration sets a precedent that other centralized exchanges are likely to follow. The implications for the broader industry are profound:

The End of Liquidity Silos: Centralized exchanges no longer need to rely solely on their internal user base to generate liquidity. They can now tap into global, decentralized pools.
Cost Efficiency for CEXs: By outsourcing the technical and financial overhead of managing complex perpetual products, CEXs can operate more leanly and pass those savings to users.
Accelerated Innovation: The ease of integration provided by Builder Codes allows exchanges to experiment with new asset classes—such as commodities and indices—much faster than traditional methods allow.
User Sovereignty and Transparency: While users still interact with a centralized interface, the underlying execution is verifiable on-chain, providing a higher level of transparency than traditional CEX "black box" engines.

Conclusion

Hyperliquid’s Builder Codes on VALR have launched over 200 perpetual markets — a milestone for the crypto industry. It shows the practical use of decentralised infrastructure to improve centralised financial services. As VALR rolls out this high-performance trading experience to millions of users across Africa and beyond, the line between CEX and DEX continues to blur, paving the way for a more integrated, efficient and transparent global financial system. This is not a new product launch. This is a peek into the future of exchange architecture.

Frequently Asked Questions (FAQs)

1. What is Hyperliquid Perps on VALR?

VALR now offers Hyperliquid perpetual futures trading. It uses Hyperliquid's decentralized Layer 1 tech. So, VALR users get over 200 cross-asset markets. They're saying the liquidity is deep and trades happen fast.

2. What are Hyperliquid Builder Codes?

There's also this thing called Builder Codes. These let exchanges and other apps use Hyperliquid's trading tools. They even earn a piece of the trading fees. This means places like VALR can offer decentralized perpetual markets without building the whole trading thing themselves.

3. Why is the VALR and Hyperliquid integration significant?

This setup makes VALR the first centralized exchange to use Hyperliquid's perpetual markets this way. It's supposed to mix the simple CEX experience with the benefits of decentralized trading, like good liquidity and transparency.

Disclaimer: This content is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile and high-risk. Always conduct your own research and consult with a qualified financial professional before making investment decisions.