In a significant advancement for the cryptocurrency trading space, MoonPay has unveiled its MoonPay Gateway, which now supports Hyperliquid, allowing users to convert fiat currency into any qualifying token on the network with a single click. Prior to this development, transitioning from fiat to a specific token on Hyperliquid involved multiple steps that could deter potential traders. This innovative solution streamlines the purchasing process, making every qualifying token readily available to users.
The launch of Gateway comes at a time when decentralized trading activity is experiencing tremendous growth, with crypto perpetual futures volume soaring by 75% over the past two years. According to CoinGecko’s latest report, decentralized platforms have notably increased their market share fivefold, now accounting for 10% of total perpetual futures volume, with Hyperliquid representing approximately 70% of that decentralized share.
George Kassis, Principal Product Manager at MoonPay, expressed excitement about this development, stating, “Gateway makes it possible to go from a credit card to a Hyperliquid token in one step, similar to the processes already in place on Solana, Base, and Ethereum.” He highlighted the simplification of transactions, noting that what previously required multiple steps—including a bridge, a swap, and three transactions—now takes just a single click.
The technology behind Gateway combines MoonPay’s traditional ramps with on-chain routing through decentralized exchange (DEX) aggregators. This integration provides users with seamless access to the full on-chain liquidity landscape without altering their overall experience. Instead of listing tokens individually, Gateway connects directly to on-chain liquidity, routing transactions through MoonPay Trade and other DEX aggregators. As new tokens meet Gateway’s screening criteria, they automatically become available for purchase.
Initial deployment of Gateway was on Solana, where it successfully expanded the number of purchasable tokens from about 80 to over 300 by leveraging the network’s leading DEX aggregator. Subsequently, Gateway extended its capabilities to Base and the Ethereum mainnet via Decent.xyz, the on-chain routing infrastructure company acquired by MoonPay. This architecture ensures that any new network added to the Gateway platform makes all qualifying assets within that network immediately accessible.
Hyperliquid operates on a bespoke Layer 1 blockchain that features an entirely on-chain central limit order book via its proprietary HyperCore protocol. This enables the network to process up to 200,000 orders per second with near-instantaneous transaction finality. Hyperliquid has diversified its offerings beyond perpetual futures into spot markets and builder-deployed projects, with over 170 initiatives being developed on its EVM-compatible smart contract layer known as HyperEVM.
MoonPay has been an active participant within the Hyperliquid ecosystem since 2025, facilitating fiat on- and off-ramp infrastructure for various applications operating on the network. The introduction of Gateway enhances this relationship, transitioning it from an application-focused level to an entire network level, thereby granting any MoonPay partner access to the complete universe of tokens on Hyperliquid. Importantly, existing partners integrated with MoonPay Gateway will not need to undertake additional integration efforts to support Hyperliquid.
As of now, Gateway on Hyperliquid is operational for users in the United States (excluding New York) and the United Kingdom, with partners able to begin integrating the service immediately through MoonPay’s platform. This integration marks a pivotal moment in simplifying user access to cryptocurrency trading and reflects MoonPay’s commitment to revolutionizing the way value is exchanged across fiat and digital assets.
