Avail Nexus, a permissionless layer for cross-chain connectivity, has partnered with Hyperliquid, a rapidly growing decentralized exchange (DEX). The partnership endeavors to offer multichain liquidity to the consumers across ten blockchains. As per the official social media announcement of Avail Nexus, the integration permits Hyperliquid-based projects to leverage native liquidity on 10 prominent chains without requiring any redeployments or bridges.
As a part of this collaboration, Avail Nexus has integrated with Hyperliquid, enabling multichain liquidity for users across ten notable blockchains, advancing modular chain scalability. This development positions Hyperliquid as a smooth gateway when it comes to multichain DeFi experience. Particularly, the supported chains in this respect take into account Ethereum, Kaia, Sophon, Scroll, Base, Avalanche, Arbitrum, Polygon, Optimism, and more. This enables the integration of Nexus SDK without any significant effort.
As a result of this, the consumers are capable of depositing assets from the home chain while not requiring any navigating bridges. This substantially enhances user experience and bolsters liquidity flows. The integration also shortens the multi-step procedure into an inclusive in-app flow, letting consumers onboard in no time. Additionally, the projects such as Kinetiq, HyperBeat, and Hyperlend are already utilizing this upgrade, enjoying smooth onboarding as well as wider liquidity reach. Moreover, the chain abstraction feature of SDK further improves interoperability across diverse blockchain environments.
As per Avail Nexus, the developers deliver scalability and simplicity in their operations via Nexus SDK. Simultaneously, this integration also enables multichain deposits, decreases onboarding friction, and boosts adoption. Thus, the integration strengthens them to stay at the top in the case of providing frictionless liquidity access as well as a robust consumer experience.


Canada’s government unveiled a plan to regulate stablecoins, requiring fiat-backed issuers to maintain sufficient reserves and adopt robust risk management measures. Canada is set to introduce legislation regulating fiat-backed stablecoins under its federal budget for 2025, following the footsteps of the US, which passed landmark stablecoin laws in July.Stablecoin issuers will be required to hold sufficient reserves, establish redemption policies and implement various risk management frameworks, including measures to protect personal and financial data, according to the government’s 2025 budget released on Tuesday.The Bank of Canada would allocate $10 million over two years, starting in the 2026-2027 fiscal year, to ensure everything runs smoothly, followed by an estimated $5 million in annual costs that will be offset from stablecoin issuers regulated under the Retail Payment Activities Act.Read more