Key Highlights
- Hyperliquid adds GOOGL and AMZN perpetual markets with 10x leverage.
- Trade.xyz expands its influence after securing Apple and Microsoft HIP-3 tickers.
- Fake Hyperliquid apps on Google Play and Apple’s App Store spark security warnings.
Hyperliquid has added two of the world’s largest technology stocks, Google and Amazon, to its 24/7 decentralized trading platform. The move marks another step in merging traditional equities with permissionless crypto markets.
The listings, powered by Trade.xyz, a DeFi trading layer built on Hyperliquid, allow users to trade GOOGL and AMZN perpetuals with up to 10x leverage, mirroring the format previously used for Apple, Microsoft, Tesla, and Nvidia.
Google’s (GOOGL) perpetual is currently trading at $286.78 on Hyperliquid, logging more than $5.25 million in 24-hour volume and over $4.16 million in open interest. Amazon’s AMZN perpetual currently trades at $224.21, with roughly $528,000 in daily volume.
Trade.xyz’s expanding role
The listings follow Trade.xyz’s recent acquisition of the Apple and Microsoft HIP-3 tickers, which allow community-backed deployers to launch new markets in a permissionless way.
The purchases, 500 HYPE for AAPL and 527.83 HYPE for MSFT, signal rising confidence in Hyperliquid’s decentralized model, where market creators must lock large HYPE deposits to ensure security and responsible operation.
A reminder of rising scams
The expansion comes as Hyperliquid continues dealing with an alarming security trend: fake apps on major app stores. Earlier this month, a counterfeit Hyperliquid app was discovered on Google Play, mimicking the interface of the real platform and tricking users into handing over wallet recovery phrases.
The incident followed a similar case on Apple’s App Store, where victims reportedly lost $28,000 after downloading fraudulent apps that instantly drained their funds.
Why it matters
Hyperliquid’s expansion into major tech stocks highlights the rapid blending of traditional finance and decentralized derivatives. However, the accompanying rise in software impersonation shows growing risks for investors.
As more retail traders turn to platforms like Hyperliquid and Trade.xyz, ensuring they download legitimate apps and never share recovery phrases will be critical.
With AMZN and GOOGL now live, and more HIP-3 markets expected, Hyperliquid’s growth trajectory is clear. Whether retail adoption can keep pace safely is the question the ecosystem must now answer.
