MetaMask and VALR Entrust Their Infrastructure to It: DeFi’s New “AWS” Earned $90 Million
Hyperliquid is moving toward becoming the new “AWS” of finance by serving as the primary supplier for giants like MetaMask and VALR in the decentralized finance (DeFi) world through its infrastructure solutions and “builder code” model.
Rapidly rising among decentralized exchanges, Hyperliquid is now evolving beyond being just a perpetual futures (perps) platform into a massive infrastructure layer. Developed by Harvard graduate Jeff Yan and his team, the platform allows other applications to utilize its own liquidity via the Ethereum-compatible HyperEVM module and the high-speed HyperCore blockchain. This structure attracts established industry players by creating a “money LEGO” ecosystem where financial products can be composed together.
The platform’s “builder code” model allows developers to use Hyperliquid‘s liquidity and matching engine in the background while managing their own interfaces. According to Flowscan data, developers using this model have earned approximately $90 million in revenue so far. Notably, MetaMask, with over 100 million users, and the South Africa-based VALR exchange have integrated their systems into this infrastructure to provide seamless trading for their users.
Institutional Infrastructure Revolution in the DeFi World
MetaMask Product Manager Matthieu Saint Olive points out the difficulty of the order matching process and states that they chose to use Hyperliquid‘s infrastructure, which excels in this area. Thanks to this collaboration, users can trade directly without leaving their wallets. Additionally, real-world asset (RWA) markets have gained significant momentum on the platform. The RWA volume, which had a small share at the beginning of 2026, has reached approximately 25% of the total futures volume today.
Described as the “AWS of finance” by Hyperion DeFi CEO Hansu Jian, this structure also increases the value capture potential of the HYPE token. With traditional finance giants entering this space, the institutional-grade infrastructure provided by Hyperliquid prevents liquidity fragmentation in the DeFi ecosystem, ensuring a more efficient trading environment. The platform is expanding its network effect daily by offering liquidity as a service for integrators who prioritize user experience.