The move comes soon after news that Wilson signed a new contract at the Anfield club.
Wilson is a Welsh international and his highly rated by his club. Jurgen Klopp sees him as one for the future.
But his prospects of the first team at Liverpool were limited, which is why the loan move to Hull will allow him to see more action.
The winger has shown impressive form for Liverpool Under-23 side, but he has not managed to feature for the senior team this season.