KuCoin Web3 Wallet Expands Into Crypto + TradFi Perpetuals With HIP-3 Upgrade

KuCoin Web3 has announced the integration of Hyperliquid Improvement Proposal 3 (HIP-3) into its native wallet, expanding its perpetual trading offerings to include both cryptocurrency and traditional finance (TradFi) assets. This upgrade allows users to access markets for equities, commodities, indices, and foreign exchange directly through a self-custody interface. The move is significant for the Web3 sector as it bridges decentralized finance with traditional market exposure while maintaining user control over private keys.

KuCoin Web3 Wallet is broadening its reach into the perpetuals market by adopting the HIP-3 framework, which facilitates the creation of a more open and diverse trading ecosystem. This integration allows the wallet to support a wide array of perpetual trading opportunities beyond standard digital assets, including price exposure to global equities, commodities, and forex-linked markets. The initiative follows the wallet's initial launch of native in-wallet perpetuals in January, aiming to provide a professional-grade trading interface within a mobile-first, self-custody environment.

The HIP-3 upgrade is a specific enhancement within the Hyperliquid ecosystem designed to decentralize and streamline the deployment of new perpetual markets. Under this model, qualified builders are empowered to launch new markets using on-chain mechanisms that emphasize operational standards and accountability. By supporting this proposal, KuCoin Web3 Wallet ensures its users can connect to a rapidly expanding universe of markets as the Hyperliquid ecosystem grows, all while keeping the trading experience unified and optimized for speed and simplicity.

Gas Meng, Lead of KuCoin Web3 Wallet Operation, emphasized that the integration prioritizes mature liquidity sources to ensure high execution quality and usability. The upgrade is intended to provide a single entry point for users seeking diverse market exposure without sacrificing the security of self-custody. As the Web3 sector continues to evolve, this expansion into TradFi-linked instruments represents a strategic effort to consolidate various financial markets into a streamlined, decentralized platform that caters to both crypto-native and traditional investors.