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Hyperliquid

DeFi HYPE https://hyperfoundation.org/

Hyperliquid is a Layer1 blockchain network purpose-built for decentralized finance (DeFi). Featuring a custom-built, ultra-high-performance consensus mechanism, the platform operates a decentralized perpetual futures and spot order book trading system as its core application. Its key feature lies in natively supporting asset issuance, trading, and liquidation directly on-chain without relying on traditional bridges or complex external infrastructure, aiming to address liquidity and application fragmentation within the crypto finance ecosystem. The flagship native application is a fully onchain order book perpetuals exchange, the Hyperliquid DEX.

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