Google Play Settlement Enables External Payments as Hyperliquid App Hits 500 Downloads
Google approved Hyperliquid Labs’ Android trading app MVP on the Play Store, recording over 500 downloads and offering order-fill notifications only. Under its settlement with Epic Games, Google will permit external payments—including crypto—in Android apps, potentially reshaping in-app transaction fees and developer revenue.
1. Hyperliquid App MVP Launch
Hyperliquid Labs launched a minimum viable trading app on Google Play, generating over 500 downloads on day one. The Android app currently supports order-fill notifications and will integrate user feedback to guide future feature development and address device-specific issues.
2. Settlement with Epic Games Opens External Payments
Following a proposed settlement with Epic Games, Google will allow developers to process external payments within Android apps, including crypto transactions outside the Play Store. This change eliminates previous payment restrictions and grants developers flexibility to integrate third-party payment systems.
3. Potential Revenue Impact for Google Play
Allowing external payments could shift transaction volume off-store, reducing Google’s direct fee collection on in-app purchases. However, the company may capture new service fees on third-party payment processing, potentially diversifying its Play Store revenue streams.