Key facts
- Bitso customers trade over 200 Hyperliquid perpetual markets from Bitso Alpha, with orders executing on Hyperliquid.
- Contracts cover crypto, stock indices, commodities and forex, settle in USDC, and offer leverage up to 50 times, with limits varying by contract.
- According to Bitso, customers keep collateral in self-custodial wallets and the exchange does not hold collateral or act as counterparty.
- Bitso general manager Alexandre Mehrdad said the service combines Hyperliquid's liquidity with Bitso's trading tools and that beta testing drew customer interest.
- Hyperliquid Strategies has applied for futures commission merchant registration, subject to approval.
Bitso expanded access to Hyperliquid perpetual futures on November 13, 2026, linking its trading platform to Hyperliquid's decentralized derivatives infrastructure. Hyperliquid's Jan De Villiers, head of business development, announced the integration, which Bitso Alpha had previously confirmed on November 9.
Eligible customers place orders from Bitso Alpha and trades execute on Hyperliquid, according to the announcement. The service covers more than 200 perpetual markets spanning Bitcoin, Ethereum, equities, indices, gold, oil and foreign exchange, with leverage of up to 50 times although limits differ across contracts. All contracts settle in USDC, and the interface supports market, limit, stop-loss and take-profit orders.
According to Bitso, customers keep control of collateral through self-custodial wallets connected to Hyperliquid, and the exchange does not hold the collateral or act as counterparty to the trades. Bitso general manager Alexandre Mehrdad said the service combines Hyperliquid's liquidity with Bitso's trading tools, and that beta testing drew interest from existing customers. Bitso serves more than 10 million customers in Latin America, including in Mexico, Brazil, Argentina and Colombia.
The HYPE token began the day under selling pressure but found support at $69, then rose more than 6.5% to $74.52 by press time, a move the report links to the rebound and the Bitso partnership. The report also said the broader crypto market had fallen, with Bitcoin dropping toward $68,000.
The Bitso launch follows Pump.fun's introduction of Hyperliquid-powered perpetual futures in October. Intercontinental Exchange announced in October a proposed arrangement with Trade[XYZ] to offer US-regulated perpetual futures through Hyperliquid, subject to regulatory approval, and Hyperliquid Strategies has applied for futures commission merchant registration. Bitso's perpetual trading feature is restricted to adults in supported jurisdictions.