ZAMA, a privacy-focused blockchain platform that aims to bring confidentiality to smart contracts, today announced a strategic partnership with Hyperliquid, a decentralized market for trading perpetual futures contracts. This collaboration enabled Zama to integrate its primary cryptocurrency, ZAMA, on Hyperliquid’s decentralized perpetuals exchange to enable active traders and institutional investors to interact with the digital token from a single interface.
Although public blockchains such as Bitcoin, Ethereum, Avalanche, and several others have redefined decentralization and transparency, this has come with a disadvantaged experience, as on-chain activities are visible to everyone. Smart contract logics, transaction records, and wallet balances are exposed online, making it difficult to develop applications that need privacy, like business tools, identity systems, and confidential financial products.
Zama is a specialized blockchain that resolves this problem by enabling encrypted smart contracts powered by a cryptographic method known as FHE (Fully Homomorphic Encryption). Powered by its native token (ZAMA), Zama functions as a modular privacy layer that can be integrated into existing public blockchains to allow developers to develop decentralized applications that compute on encrypted data without disclosing any information.
Zama Bridging To Hyperliquid To Strengthen Multichain Liquidity
The partnership above facilitated the official deployment of the ZAMA token on Hyperliquid’s decentralized perpetual exchange. Hyperliquid serves as a decentralized perpetual futures exchange built on its Layer-1 blockchain network, allowing people to trade perpetual contracts and spot assets without the need to own the underlying assets.
Through the collaboration above, ZAMA’s token expansion into Hyperliquid’s exchange is enabled by Stargate Finance’s cross-chain interoperability infrastructure. Stargate Finance’s multi-chain liquidity protocol, powered by LayerZero’s Omnichain Fungible Token (OFT) standard, enables users and DApps (decentralized applications) to move native crypto assets efficiently and in real-time across various blockchain networks through unified liquidity pools.
Based on this partnership, Stargate Finance’s interoperability technology offers a framework for multi-chain transfers of ZAMA while at the same time maintaining a unified supply. The integration of ZAMA on Hyperliquid positions the asset in front of one of the most widely utilized blockchains in the world. Hyperliquid is one of the largest blockchains in the Web3 landscape, currently dominating in the decentralized perpetuals sector, serving both retail and institutional traders.
Hyperliquid, which hosts millions of user accounts and processes billions in daily transfer volume, accomplished a significant milestone early this week (according to PHEMEX data) by surpassing $382 billion in total trading volume since December 2024. The catalyst behind this surge is the significant increase in contract market products that have attracted more traders and heightened trading volumes.
Unlocking Web3 Engagement And Financial Participation
The partnership with Hyperliquid is part of Zama’s strategy to broaden its network accessibility to blockchain users and crypto customers, allowing sophisticated traders, institutional investors, and even retail customers to interact with its token on public exchanges like Hyperliquid.
The launch of ZAMA on Hyperliquid reflects Zama’s belief in introducing its digital asset on a blockchain network that can help its platform thrive worldwide. With the addition of ZAMA, Hyperliquid continues to demonstrate its network as a dynamic technology for the next-gen financial asset utility and innovation.
