Hyperliquid
About Hyperliquid
Hyperliquid (HYPE) is a performance-optimised Layer 1 blockchain designed for decentralised finance, featuring an advanced consensus mechanism, fully on-chain trading applications, and developer-friendly infrastructure. It enables high-speed trading, seamless liquidity provisioning, and secure decentralised application development. Created by Hyperliquid Labs, its team combines expertise in trading, blockchain, and user experience to address inefficiencies in existing decentralised financial systems.
Hyperliquid (HYPE) is a Layer 1 blockchain designed for decentralised financial applications. It emphasises transparency and low-latency operations with features such as:
- Custom Consensus: Uses the HyperBFT algorithm for efficient block finalisation and scalability.
- On-Chain Operations: Handles trades, liquidations, and order management fully on-chain to ensure decentralisation.
- Decentralised Exchange (DEX): Includes an order book-based DEX for perpetuals trading as a native application.
- Integrated EVM: Features a HyperEVM that allows developers to build dApps interacting directly with the blockchain's components.
The platform also includes native token standards, liquidity strategies, and support for permissionless APIs to facilitate decentralised trading and development.
Hyperliquid (HYPE) powers a decentralised ecosystem where users and developers can interact with robust financial tools and applications. Its primary use cases include:
- Decentralised Trading:
- Liquidity Provision:
- Vaults for Passive Income:
- Bridging Assets:
- Developing Decentralised Applications (dApps):