In a significant move bridging traditional finance and decentralized finance (DeFi), quantitative trading firm Presto Labs announced on March 15, 2025, that it will provide crucial market-making and liquidity support for derivatives of three major South Korean corporations—Samsung Electronics, SK Hynix, and Hyundai Motor—on the Hyperliquid ecosystem.
The derivatives will be traded on Trade[XYZ], a decentralized exchange built on Hyperliquid's specialized HIP-3 Layer 1 protocol, which is optimized for perpetual swaps and derivatives trading. Presto Labs' commitment ensures institutional-grade liquidity is available from the first day of trading, aiming to reduce bid-ask spreads and improve market efficiency for these traditional assets within a decentralized framework.
This development is seen as a major validation for decentralized exchanges in handling traditional financial instruments. It leverages Hyperliquid's infrastructure, which offers high throughput, low transaction costs, an order book model, and sub-second block times for rapid trade execution. Traders can access these derivatives 24/7 using Web3 wallets, with positions requiring HYPE tokens or approved stablecoins as collateral and supporting leverage of up to 10x.
Concurrently, Hyperliquid's growing prominence was underscored by its selection for the Forbes Fintech 50 list in 2026. The recognition highlighted the platform's dominant ~70-80% market share in decentralized perpetual futures and its achievement of roughly $100 million in revenue in August 2025, all accomplished by a bootstrapped team that rejected venture capital funding. Founder Jeff Yan prioritized product execution and community incentives, building a platform noted for "CEX-level speed" and processing over $2.7 trillion in cumulative perpetual volume.
