Hyperliquid prepares to release EVM on mainnet for HYPE token launch.
The Hyper Foundation was established to support the development of the HyperLiquid blockchain. Generation Talk is gearing up to conduct a seed distribution of HYPE.
The new token is the first step towards proof-of-consent and launching the Ethereum Virtual Machine (EVM) on the Layer-1 blockchain mainnet.
Roadmap to many services
Hyper's flagship product is a perpetual trading platform based on Hyperliquid's decentralized order book, the world's largest with 145 pairs of daily trading over $1 billion. It has more than 200,000 users.
The launch of HyperEVM gives users access to a deeper liquidity pool and more devices. The foundation said on X:
“Hyperliquid's order books already offer the deepest and strongest on-chain liquidity for a variety of assets. […] Native tokenization is essential for HyperBFT. [Byzantine fault tolerance] Stock deal, HyperEVM and more developments on the roadmap.
The roadmap includes spot trading and unlicensed money transfer, among other things. LayerZero's ZRO is the first perpetual trade launched on HyperLiquid in September 2023.
Source: Hyper Foundation
Combining the convenience of centralized with the lack of trust of DeFi
Hyperliquid, which began supporting developer codes in September so developers can monetize apps, says it “provides fast end-to-end trading.
Source: Rhadamant Memes
HyperLiquid was founded by Jeff Yan, who runs Chameleon Trading. He told Flirting Models in May 2023:
“Unbelievers are looking for a centralized option. […] There is this thing, Hyperliquid. […] Basically, nothing can prevent the same liquidity, strict distributions, fast confirmations, epsilon gas, basically gas DDoS, but the chain itself can easily handle 10s of 1,000s of orders per second. Everything is clear. Everything is in chains. Everything is marketing.
Participants must register for the Genesis broadcast by November 11. The airport date will be announced on November 29. User can optionally get Hypurr nonfungible token (NFT) with trade value to commemorate the launch of Hyper EVM on the mainnet.
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