TL;DR:
- Velvet integrates Hyperliquid, the perpetual futures DEX with over $1.5 trillion in cumulative volume, into its unified terminal.
- The integration allows managing spot, yield and perpetuals positions in a single interface, with access to over 300 pairs and up to 50x leverage.
- Velvet Unicorn, the platform’s artificial intelligence layer, will incorporate automated strategy execution and natural language trading in perps.
Velvet, the DeFi portfolio management platform, announced its integration with Hyperliquid to incorporate perpetual futures trading directly into its terminal.
The move addresses one of DeFi’s most persistent structural problems: fragmentation between spot positions, yield strategies and perpetual contracts operated on separate platforms, with no joint visibility or unified risk management.
Velvet: One Terminal for Everything
Hyperliquid operates on its own Layer 1 blockchain with a fully onchain order book, transaction finality in under one second and no gas fees. It records over $195 billion in monthly volume and surpasses $1.5 trillion in total cumulative volume. It offers more than 300 available pairs and leverage of up to 50x. Within the proposed architecture, Hyperliquid acts as the execution layer for perpetuals, while Velvet provides portfolio aggregation, cross-chain visibility and risk management tools.
The integration also expands the range of assets accessible from the platform. Through Hyperliquid’s permissionless listing system, Velvet users can trade perpetuals on commodities such as crude oil, precious metals like gold and silver, individual stocks like COIN and TSLA, and stock indices like the S&P 500, all onchain, 24 hours a day and without third-party custody.
The Role of Artificial Intelligence in Perps
The platform also previews a second phase centered on Velvet Unicorn, the platform’s artificial intelligence layer, designed to operate perpetuals autonomously. Among the projected functionalities are order execution through natural language commands—such as “short 2 ETH on Hyperliquid”—and the automation of user-defined strategies, including funding rate arbitrage and automatic rebalancing toward the highest-yielding assets.
Velvet’s system would continuously monitor variables such as funding rates, liquidation levels and market volatility to execute strategies without manual intervention, integrating that activity within the user’s complete portfolio alongside their spot and yield positions.
