FLR Token Goes Live on Hyperliquid with LayerZero OFT

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Flr Token Goes Live On Hyperliquid With Layerzero Oft



Flare’s native token FLR has officially gone live for spot trading on Hyperliquid today, and this was made possible through LayerZero’s Omnichain Fungible Token standard. Users can deposit FLR via Stargate and begin trading it directly on Hyperliquid without any extra steps.

What makes the listing stand out is that Hyperliquid is supporting native FLR rather than a wrapped version, which removes the need for gas to unwrap tokens. This makes the whole process of deposits and withdrawals much easier for users who want a seamless trading experience.

Trading Made Simple with Native FLR

The FLR ticker was obtained directly by Flare so the listing could happen without needing approval from a centralized party. LayerZero’s OFT standard acts as the bridge that links FLR from the Flare network to Hyperliquid’s HyperEVM, and then into HyperCore where trading happens. Once there, FLR is set up as a HIP-1 asset and can be traded against USDC. 

This structure is designed to keep bridging fast and simple while giving users a seamless experience between networks. On Hyperliquid itself, trading is powered by an on-chain orderbook, offering tight spreads and liquidity for better execution and lower overall costs.

“Hyperliquid trading volumes have soared over the recent months, rendering it a high-priority exchange listing with compelling prospects for the FLR token,” Hugo Philion, CEO and Co-founder of Flare said in the press release. “Harnessing LayerZero’s native OFT standard and Hyperliquid’s decentralized listing flow, users can now access a permissionless bridge-in, trade, bridge-out experience for FLR.” 

Different Ways to Fund and Trade 

Users now have three simple options to fund their Hyperliquid accounts:

First Option: USDT0 from Flare:

Bridge USDT0 from Flare to HyperCore through Stargate or usdt0.to. Once bridged, swap USDT0 for USDC to begin trading. A $1 fee is required to activate a Hyperliquid account.

Second Option: FLR from Flare:

 Bridge FLR directly from Flare to HyperCore and HyperEVM through Stargate. After trading, bridge FLR back to Flare to use for staking, delegation, or receiving FlareDrops.

Third Option: USDC from Arbitrum:

Deposit USDC directly from Arbitrum into the Hyperliquid app. This gives a straightforward way to fund trading without using bridging steps.

At launch, FLR trades against USDC, and Hyperliquid plans to expand trading into more stablecoins like USDT0 and USDH as the system grows.

According to Filip Koprivec, Chief Product Officer at Flare “The OFT standard is turning FLR into a first-class omnichain asset. Combine that with Hyperliquid’s on-chain market structure and you get speed, transparency, and strong price discovery for everyday traders.”

Also Read: Hex Trust Adds Custody support for stETH for Institutions



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