Hyperliquid Helps VALR Launch Over 200 Perpetual Markets as Decentralized Liquidity Gains Ground
Cryptocurrency exchange VALR has announced the launch of “Perps,” a cross-asset perpetual futures product introducing more than 200 new markets. The product allows users to take leveraged long or short positions across global equities, commodities, precious metals, stock indices, foreign exchange pairs, and crypto assets directly within the VALR app.
The move follows VALR’s initial perpetuals launch in 2023 and comes amid a rapid evolution in the global perpetuals market. Perpetual futures now dominate derivatives activity, regularly exceeding hundreds of billions of dollars in daily volume. Decentralized perpetual exchanges, led by Hyperliquid, have grown into sophisticated competitors, capturing rising market share as on-chain liquidity deepens.
VALR’s new product is powered by an integration with Hyperliquid. Users open and manage positions on VALR, while trades execute via Hyperliquid’s permissionless infrastructure. According to the company, this marks the first time a major regulated exchange has natively integrated an on-chain protocol to source liquidity for cross-asset perpetuals.
The expanded suite includes perpetual contracts on stocks such as SpaceX, NVIDIA, Tesla, Apple, and Palantir, benchmarks like the S&P 500, commodities including crude oil, natural gas, gold, silver, and copper, forex pairs such as EUR/USD, GBP/USD, and USD/JPY, alongside digital currencies.
Gianluca Sacco, VALR’s chief operating officer, said the launch places over 200 perpetuals markets inside the VALR app with round-the-clock access to crypto, commodities, currencies, and equities, including pre-IPO companies, through a regulated platform.
The launch comes as perpetual futures undergo a structural shift. Centralized exchanges have historically dominated liquidity, but decentralized perpetuals have grown sharply. Simultaneously, traditional-asset perpetuals have expanded rapidly, moving from niche products to multibillion-dollar weekly markets as traders seek 24/7 access to real-world assets.