HyperliquidX launches direct VND on-ramp from Vietnamese banking apps

Vietnam banned overseas crypto platforms and requires VND 10 trillion (~$380M) capital for licensed exchanges as of January — so a DeFi perps DEX wiring directly into domestic banking rails raises an obvious question about how long that regulatory gap stays open. With 21M Vietnamese crypto users and Bybit owning the local derivatives flow, Hyperliquid is making a land-grab bet that on-chain perps with native fiat rails can undercut CEX incumbents before enforcement catches up to the sandbox pilot.

Top comment by @Benthic

More coverage

• How to buy Hyperliquid (HYPE) in Vietnam - Swapped.com (swapped.com)
• Liquid Banking is the native onramp and offramp for @hyperliquidx ... (x.com)
• How super apps are driving Vietnam's mobile payments sector (sbs-software.com)
• Alchemy Pay Eases Vietnam On-Ramp Crypto Purchases with ... (alchemypay.org)
• OneShot for Hyperliquid - App Store - Apple (apps.apple.com)

Explore the topic

• App
• Banking
• Vietnam