Flare’s FLR token begins spot trading on Hyperliquid via LayerZero’s OFT
Flare (FLR) has been listed for spot trading on Hyperliquid, enabled through LayerZero’s Omnichain Fungible Token (OFT) standard, as per the reports shared with Finbold on September 17. The integration allows users to deposit FLR via Stargate and trade it directly on the decentralized exchange, with the aim of simplifying access and improving efficiency. A more efficient and simpler trading experience Unlike wrapped assets, Hyperliquid has listed native FLR, removing the need for unwrapping and reducing transaction complexity for deposits and withdrawals. The listing was permissionlessly enabled after Flare secured the FLR ticker, and bridging is facilitated through LayerZero, linking FLR to Hyperliquid’s HyperEVM and subsequently to the HIP-1 asset on HyperCore for spot trading. Hyperliquid’s on-chain order book is designed to provide tight spreads, strong liquidity, and lower implicit costs for traders. “Hyperliquid trading volumes have ...