Reap, a payments and card platform, went live on Hyperliquid on August 11, allowing users to deposit USDC directly from the exchange to fund client card and payment balances, according to the announcement.
The integration connects Hyperliquid's on-chain settlement layer to Reap's card infrastructure, removing a step in the funding flow. Users can now move stablecoin collateral from trading positions into payment balances without exiting to a traditional blockchain interface or centralized exchange deposit address. Reap operates a debit card product pegged to crypto holdings; Hyperliquid is a decentralized perpetual futures exchange.
Reap's integration with Hyperliquid follows similar moves by other payment platforms to tap liquidity networks directly. The addition of USDC funding from Hyperliquid represents one funding pathway among multiple that Reap already supported. The firm has not disclosed transaction volumes or adoption metrics for the launch.
Hyperliquid has positioned itself as an on-chain settlement layer for trading and now payment flows. The exchange processed over 1 trillion dollars in cumulative volume, according to public data, and has attracted institutional interest as a venue for spot and perpetual trading without traditional custody intermediaries.
Reap's card product targets users who want to spend against crypto positions without liquidating them. The Hyperliquid integration reduces friction in that flow by allowing USDC balance transfers at settlement time rather than requiring users to bridge funds across multiple platforms.
The integration is live for all users on Reap's platform. No token launch, fee structure change, or expansion of supported assets on either platform has been announced in connection with the integration.
