Unit

Unit is an asset tokenization layer purpose-built for Hyperliquid, acting as a decentralized bridge that lets users deposit native assets (BTC, ETH, SOL, and other supported tokens) directly from their native blockchains into Hyperliquid's spot order book, and withdraw them back out. It is designed as a neutral infrastructure layer — a "spot liquidity rail" — that enables seamless on-chain cross-chain flows for Hyperliquid traders, with a distributed Guardian network securing deposits and withdrawals via MPC threshold signatures.

Unit does not generate or pay out any yield on its own. It is a bridge — infrastructure that moves assets from one blockchain to another. The protocol explicitly states it collects no revenue from deposits or withdrawals.

Unit's only job is to let you send supported assets (like BTC, ETH, or SOL) from their home blockchains — Bitcoin, Ethereum, Solana, and others — into Hyperliquid's on-exchange spot balance, and back out again. The only fees you pay are the standard network (gas) fees needed to process each transaction on its source or destination chain.

Once your assets arrive on Hyperliquid through Unit, you can use them for many activities: spot trading, derivatives trading, portfolio margin (using major assets to back each other), on-chain spot-versus-futures trades, options delta hedging, and other DeFi or order-book settlement activities. But all of those downstream yields come from Hyperliquid's own exchange features — not from Unit itself.

Unit's goal is to be as low-cost as possible and charge nothing for its core deposit and withdrawal rail.

No information about investors, funding rounds, amounts, or dates was available on the official Unit website or documentation. The project describes itself as a "research and development collective" and mentions an "Initial Guardian set led by Unit, Hyperliquid Labs, and Infinite Field" — but these are Guardian operators within the protocol's security architecture, not investors or backers in a funding context. No investor or fundraising disclosures were found.