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Okto Becomes 1st Mobile Wallet to Support Hyperliquid Ecosystem

Okto Becomes 1st Mobile Wallet to Support Hyperliquid Ecosystem

CryptotimesCryptotimes2025/06/11 14:40
By:Dishita Malvania

Crypto wallet app Okto has become the first mobile-native wallet to offer full support for Hyperliquid, a growing on-chain trading platform. The update allows users to access Hyperliquid’s complete suite, including perpetual futures, spot trading, and DeFi apps, directly from a smartphone, with no browser extensions or external wallets required.

This marks a key development for mobile-first crypto users, especially as Hyperliquid continues to gain ground in decentralized derivatives trading. According to market trackers, Hyperliquid now accounts for over 70% of all decentralized exchange (DEX) derivatives volume globally.

Okto claims its users have already executed more than $1 billion worth of futures trades on Hyperliquid over the past year. The company says more than 10,000 traders are actively using Okto to access Hyperliquid markets, positioning the app as one of the leading mobile interfaces for on-chain trading.

The new update also introduces HypeZone, a built-in hub that functions like a DeFi app store. It gives users access to yield farms, lending protocols, and other decentralized applications built on HyperEVM, Hyperliquid’s Ethereum-compatible chain.

“Users can now discover yield farms, lending protocols, and emerging DeFi opportunities — all within a single tap,” Okto said in a statement.

Rohit Jain, who leads DeFi initiatives at Okto, said the mobile-first approach is what sets the wallet apart.

“Okto brings the Hyperliquid experience to life like no other wallet. While others rely on dApp browsers or complex setups, Okto offers native integration — enabling one-click bridging from multiple chains to HyperEVM. It’s as seamless as a Web2 app, but fully Web3 under the hood,” Jain said.

Unlike traditional wallets, Okto automates the bridging process across multiple blockchains, including Ethereum, Solana, and Polygon. There’s no need to manage wrapped tokens or switch networks manually. The app also eliminates the need for holding gas tokens; transaction fees are handled by the wallet’s backend infrastructure.

Traders can monitor and manage all their positions, across futures, spot, and DeFi, in a unified dashboard. The app includes real-time notifications, TradingView chart support, and one-click balance transfers between accounts.

Okto isn’t just for trading. You can also earn extra returns by staking your HYPE tokens in built-in platforms like HyperLend and HypurrFi.

If you build apps, Okto’s developer kit makes it easy to add login, fee-free transactions, and cross-chain transfers. And if you’re new to crypto, you can fund your wallet with a credit card, bank transfer, or digital wallet right inside the app, no need to buy coins on an exchange first.

“From Futures to Spot to HyperEVM, Okto is the first wallet to support every new Hyperliquid feature, making it easier for users to trade, explore, and stay in control of their assets on the go,” Jain said.

As Hyperliquid grows its footprint, Okto’s bet on seamless mobile DeFi access may offer a glimpse into how the next wave of crypto adoption unfolds, app-first, frictionless, and chain-agnostic.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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