Hyperliquid perps now live on Nansen as onchain derivatives volume surges to $625B

In Q1 2026, onchain perpetual venues processed more than $2 trillion in trading volume, with Hyperliquid accounting for over $625 billion.

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Add us on Google by Vivian Nguyen Jun. 9, 2026

Nansen has expanded its agentic trading platform with the launch of Hyperliquid perpetuals trading, embedding one of the most active decentralized derivatives venues directly into its analytics and execution ecosystem, the firm announced Tuesday.

The integration bridges market intelligence and trading execution in a single AI-native environment. Nansen CEO Alex Svanevik said the goal is to enable users to trade everything onchain with AI-driven insights, combining execution, analytics, and wallet intelligence on one platform.

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“Hyperliquid has become one of the most important platforms in crypto. And what we’re seeing is that it’s not just crypto anymore; you’re seeing equities, commodities, and tokenized indices all starting to move onchain,” Svanevik said. “Traders want one place where they can get exposure to different assets, see who’s winning onchain, and act on it. That’s exactly what we’re building towards at Nansen. Bringing Hyperliquid perps in is a step toward a world that allows investors to trade everything onchain with AI.”

The launch follows strong growth in decentralized derivatives, with over $2 trillion in onchain perpetual trading volume recorded in Q1 2026. Hyperliquid alone accounted for more than $625 billion, making it the leading venue in the sector.

Nansen’s data indicates that approximately 30% of Hyperliquid traders also engage in equity, commodity, and index-linked perpetuals, reinforcing the growing perception of onchain markets as a unified trading layer spanning both crypto and traditional assets.

With Hyperliquid now embedded, Nansen enables users to move from discovery to execution while leveraging large-scale wallet intelligence, Smart Money tracking, and real-time market signals across more than 500 million labeled wallets.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.