PANews reported on September 18 that according to official news, native FLR has been launched for spot trading on the decentralized exchange Hyperliquid. This listing was achieved through LayerZero's Omnichain Fungible Token (OFT) standard and with the help of Stargate bridge.
Users can directly deposit native FLR (non-wrapped), eliminating unblocking gas costs and offering a streamlined deposit/withdrawal process. FLR has been deployed on HyperCore as a HIP-1 asset. The FLR/USDC market has been registered, and will be expanded to stablecoin pairs such as USDT and USDH in the future. The on-chain order book-based matching mechanism results in smaller spreads and lower implied costs, improving on-chain transaction execution efficiency.

21Shares has filed for a Hyperliquid ETF, while Bitwise’s Solana staking ETF has a big day of trading as investors perk their ears toward altcoins. Asset manager 21Shares is seeking to launch an exchange-traded fund (ETF) tracking the token behind the perpetual futures protocol and blockchain, Hyperliquid, amid growing Wall Street interest in alternative cryptocurrencies.The company filed for the 21Shares Hyperliquid ETF with the Securities and Exchange Commission on Wednesday, which did not disclose a ticker symbol or fee. Coinbase Custody and BitGo Trust were named as custodians.It follows a similar filing for a Hyperliquid (HYPE) ETF from Bitwise last month. The token gives discounts on the Hyperliquid decentralized exchange and is used to pay fees on its blockchain. It has increased in value over the past year, in line with the service’s growing popularity.Read more