Native FLR Spot Listing on Hyperliquid Powered by LayerZero OFT
As of today, FLR is listed for spot trading on Hyperliquid. The listing will be enabled by LayerZero’s Omnichain Fungible Token (OFT) standard, allowing users to deposit FLR via Stargate and trade it natively on Hyperliquid.
Why it matters for users
With native FLR listed on Hyperliquid, users benefit from a more efficient and simpler trading experience:
- Native, not wrapped: Hyperliquid will list native FLR, avoiding needing gas to unwrap which simplifies deposits/withdrawals.
- Permissionless listing: FLR ticker on Hyperliquid was acquired by Flare in order to permissionlessly enable spot trading on Hyperliquid.
- Fast, simple bridging: LayerZero OFT links FLR to Hyperliquid’s HyperEVM and then to the HIP-1 asset on HyperCore for trading.
- Better execution: An on-chain orderbook with tight spreads and liquidity, offering lower implicit trading costs for those who want to trade on-chain.
“Hyperliquid trading volumes have soared over the recent months, rendering it a high-priority exchange listing with compelling prospects for the FLR token,” said Hugo Philion, CEO & Co-founder of Flare. “Harnessing LayerZero’s native OFT standard and Hyperliquid’s decentralized listing flow, users can now access a permissionless bridge-in, trade, bridge-out experience for FLR.”
How it works
- OFT deployment:
LayerZero’s NativeOFTAdapter enables FLR to bridge from Flare to HyperCore where the spot market is traded directly. When bridging back to Flare, the user needs to bridge to HyperEVM and then back to the Flare mainnet. This can be facilitated via LayerZero. Flare will look to enable bridging back from HyperCore directly once it's available. - HIP-1 listing on Core:
FLR is deployed as a HIP-1 asset on HyperCore, and the FLR/USDC market is registered. Hyperliquid is expanding spot markets to additional stablecoin pairs like USDT0 and USDH; the FLR spot market is expected to migrate as the ecosystem matures. - Simplified user experience:
Users can deposit FLR via Stargate to place FLR/USDC orders on Hyperliquid’s on-chain orderbook, and withdraw back to Flare at any time.
“The OFT standard is turning FLR into a first-class omnichain asset,” said Filip Koprivec, Chief Product Officer at Flare. “Combine that with Hyperliquid’s on-chain market structure and you get speed, transparency, and strong price discovery for everyday traders. Utilizing LayerZero, the default bridging solution on the Flare network allows us to enable a seamless user experience while keeping true to our ethos: no compromise on security that our blockchain offers.”
3 options for funding your account
Before funding your Hyperliquid account, activate it by connecting your EVM wallet (e.g. MetaMask, Rabby) to the Hyperliquid site. This is the wallet address that will be used for sending assets on Flare to/from Stargate.
Option A: USDT0 (from Flare)
Bridge USDT0 (Flare) → USDT0 (HyperCore) via Stargate or usdt0.to. Once bridged,USDT0 can be swapped for USDC on HyperLiquid.
Note: There is a $1 fee to activate the HyperLiquid account.
Option B: FLR (from Flare)
Users can bridge FLR directly from Flare to HyperCore and HyperEVM via Stargate.
After acquiring FLR on HyperCore, users can bridge it to HyperEVM and then send it back to the Flare mainnet to start staking, delegating, and receiving FlareDrops.
Option C: USDC (from Arbitrum)
Deposit USDC from Arbitrum in the Hyperliquid app.
Withdraw anytime: move assets HyperCore <> HyperEVM in the Hyperliquid app, then bridge back out via the same route on Stargate.
🔗 https://app.hyperliquid.xyz/trade/FLR/USDC
About Flare
Flare is a Layer-1 blockchain with enshrined data protocols that bring verified real-world and cross-chain data on-chain, enabling fast, low-cost, interoperable DeFi.
About Hyperliquid
Hyperliquid is an on-chain exchange ecosystem featuring a Layer-1 orderbook (HyperCore) and an EVM environment (HyperEVM), offering permissionless token listings and high-performance trading.
About LayerZero
LayerZero is the leading interoperability protocol enabling asset issuers, applications and enterprises to move information and value seamlessly across 140 blockchains. The Omnichain Fungible Token (OFT) Standard enables any fungible asset to expand natively across multiple chains — maintaining a single supply and unified liquidity everywhere.
This announcement does not constitute investment advice. Trading digital assets involves risk. This communication is not intended for, and should not be acted upon by, any person in the United Kingdom. The information contained herein does not constitute a financial promotion under the Financial Services and Markets Act 2000 (FSMA) and is not directed at or intended for distribution to any person in the UK. If you are located in the UK, please disregard this message.