Ledger Integrates Hyperliquid Perps Trading in Hardware Wallets via Yield.xyz

According to The Block, Ledger has integrated Hyperliquid perps trading into its hardware wallet ecosystem via Yield.xyz, enabling users to access onchain derivatives markets with hardware-grade security. HyperLiquid is the largest onchain derivatives provider, with approximately $181 million in total volume last month, according to The Block's data.

The feature will be rolled out to about 20% of Ledger's user base in select regions, allowing eligible users to maintain control over their private keys while executing leveraged trades. Ledger noted that most perps trading today occurs on platforms that expose users to significant security risks, including browser wallets and centralized exchanges.