BitGo has launched a direct integration allowing its self-custody hot wallet clients to trade Hyperliquid perpetuals without repeated transaction signatures or gas fees, the company announced. The integration, live now for eligible clients, connects BitGo wallets to Hyperliquid via the WalletConnect protocol while preserving existing approval policies and fund controls.
- Setup: One-time connection via WalletConnect with two signatures to enable gas-free trading
- Trading: Place, modify, and close orders without additional signatures after initial setup
- Fund Transfers: BitGo signatures required only when moving funds to or from Hyperliquid
- Availability: Not available in the United States, United Kingdom, Canada, or jurisdictions restricting leveraged derivatives
- Custody Chain: Funds held on HyperEVM during trading; multi-party approval policies remain intact
The integration addresses a longstanding friction point for institutional traders: the choice between trading speed and custody control. Direct venue access historically required traders to relinquish keys to third-party wallets, while routing trades through custodians built for cold storage created signing overhead incompatible with active trading workflows. Funds and trading desks operating under multi-party policy controls faced particular pressure, as direct venue connections often meant surrendering governance structures already governing treasury movements.
The connection works through a permission model where Hyperliquid can view balances and send approval requests, but cannot independently withdraw funds. Depositing to Hyperliquid involves two transactions: USDC approval and deposit into the Hyperliquid app on HyperEVM. Withdrawals reverse the process, returning funds to the BitGo wallet as confirmed deposits. Reconnecting after a disconnect does not require re-signing the Terms of Use or gas-free trading permissions.
BitGo operates its infrastructure and custody services separately from the Hyperliquid protocol, with the company noting that onchain interactions carry smart contract, protocol, and leverage risks, up to and including total loss of funds, losses not covered by BitGo’s protection. BitGo has provided custody, wallets, staking, trading, financing, and settlement services for digital assets since its 2013 founding.
