Talos Integrates with Hyperliquid to Expand Institutional Access to On-Chain Liquidity

New York, May 26, 2026 — Talos, the premier provider of institutional digital asset infrastructure, technology and data supporting the full investment lifecycle, today announced its integration with Hyperliquid, a high-performance Layer 1 blockchain and decentralized exchange built for on-chain trading. Select institutional clients on the Talos platform can now access Hyperliquid's spot and perpetual futures markets – including equities, commodities, and indices – available through its HIP-3 builder-deployed perpetuals protocol, within their existing Talos workflows.

Hyperliquid operates entirely on-chain, running on a blockchain purpose-built for trading. Its custom consensus mechanism, HyperBFT, delivers sub-second finality and the capacity to process up to 200,000 orders per second¹ through a fully on-chain order book. The result is an execution environment that matches the speed and depth of centralized exchanges while maintaining the transparency and non-custodial properties of decentralized infrastructure. 

Hyperliquid has rapidly become one of the most actively traded venues in digital assets, averaging $6.5 billion in daily perpetual futures volume with $9.5 billion in total open interest across crypto and HIP-3 perpetuals.² Total volume since inception has topped $4 trillion.³ Through this integration, Talos clients can send orders across Hyperliquid's markets, manage positions and access real-time market data within a single institutional interface.

"Hyperliquid has been among the most requested integrations from our institutional clients, as more firms look to access decentralized markets alongside their centralized venue activity," said Daniel Packham, VP and Head of Provider Network at Talos. "Adding Hyperliquid to the Talos platform removes a real barrier for firms that want on-chain exposure without building and maintaining a separate connection."

Split Research, a digital asset trading firm and active Hyperliquid user, was among the first Talos clients to go live on the integration.

"Hyperliquid has established itself as the apex execution venue for perpetual futures strategies across crypto and real-world assets 24/7/365," said Brent Roebert, General Partner of Split Research. "Running TradFi, centralized exchange and on-chain execution through a single environment on a battle-tested platform like Talos – that we are comfortable with and experienced on – removes operational friction and drives efficiencies throughout the trade lifecycle, allowing us to operate efficiently at scale. The integration was plug and play."

About Hyperliquid

Hyperliquid is a decentralized layer one blockchain best known for perpetual futures and spot trading. It is the largest and most liquid decentralized exchange, with support for crypto and real-world assets, such as oil and precious metals. In addition, the ecosystem supports borrowing, lending, and a full-fledged EVM. For more information, visit www.hyperliquid.xyz.

About Talos

Talos provides institutional-grade technology and data that supports the full digital asset investment lifecycle, including liquidity sourcing, price discovery, trading, settlement and portfolio management. Engineered by a team with unmatched experience building institutional trading, portfolio and data systems, the Talos platform connects institutions to key providers in the digital asset ecosystem — exchanges, OTC desks, prime brokers, lenders, custodians and more — through a single interface. For more information, visit www.talos.com.

 ^{1. Source: Hyperliquid; 2. Source: Talos Coin Metrics data; 3. Source: Hyperliquid}

‍^{Talos Disclaimer: Talos offers software-as-a-service products that provide connectivity tools for institutional clients. Talos does not provide clients with any pre-negotiated arrangements with liquidity providers or other parties. Clients are required to independently negotiate arrangements with liquidity providers and other parties bilaterally. Talos is not party to any of these arrangements. Services and venues may not be available in all jurisdictions.}