Unit Review 2026: Hyperliquid's Asset Deposit Layer

Unit describes itself as the asset tokenization layer on Hyperliquid. It lets users deposit native assets onto Hyperliquid and withdraw them back to the original chain. DefiLlama categorizes it as a bridge.

The homepage lists 14 native assets, including BTC, ETH, SOL, ZEC, AVAX, XPL, MON and VIRTUAL, plus several Solana SPL tokens. DefiLlama shows about $975 million in TVL across Bitcoin, Zcash, Ethereum, Solana, Plasma, Monad, Base and Avalanche, and lists the project since February 2025.

The pitch is simple: deposit BTC or other assets with one click from the Hyperliquid interface, from a wallet or exchange account. The main open questions are the lack of listed audits and the reliance on a guardian set.

Hyperliquid is a trading venue, and many assets live on other blockchains. Unit connects the two. A user sends a native asset, for example BTC, to an address on its home chain, and the asset then appears on Hyperliquid as a tradable token.

The homepage says the system uses a guardian set with distributed consensus to secure these operations. The initial set is led by Unit, Hyperliquid Labs and Infinite Field. To withdraw, the user burns or redeems the Hyperliquid-side asset and receives the native asset on its original chain.

This is a bridge-style design, so safety depends on the guardians and on how the underlying assets are held. The project does not describe the exact threshold or key management, so readers should consult the documentation.

Fees are not published. The homepage does not list deposit or withdrawal charges, minimums or processing times.

Users should expect network fees on the source chain when moving assets, and should check the Unit app and documentation for any protocol fees before confirming a transaction.

DefiLlama lists no audits for Unit. The homepage describes advanced cryptography and a distributed consensus mechanism, but gives no technical detail or audit reports.

Bridge-style protocols hold assets on behalf of users, which creates smart-contract and custody risk. Users depend on the guardian set acting correctly. No incidents are mentioned publicly, but absence from public sources are not proof of a clean record. Only move amounts you can afford to lose and verify addresses on the official site.

Unit is for active Hyperliquid users who need to bring BTC, ETH, SOL, ZEC or other supported assets onto the platform and take them out again. It is less relevant to anyone who does not use Hyperliquid, and cautious users should review the guardian model first.