What is Hyperliquid?
Hyperliquid operates on its own Layer-1 blockchain utilizing a proof-of-stake-like HyperBFT consensus mechanism that offers ultra-low latency, high throughput, and sub-second block finality. The blockchain supports a fully on-chain order book for perpetual futures and other advanced trading features, allowing users to access sophisticated order types and up to 50× leverage without a centralized intermediary.
Source: https://hyperfoundation.org/
How does Hyperliquid work?
Hyperliquid draait op een eigen Layer-1 blockchain die gebruikmaakt van een proof-of-stake-achtig HyperBFT-consensusmechanisme, wat zorgt voor extreem lage latentie, hoge throughput en sub-second block finality. De blockchain ondersteunt een volledig on-chain orderboek voor perpetual futures en andere geavanceerde handelsfuncties, waardoor gebruikers toegang hebben tot geavanceerde ordertypes en tot 50× leverage zonder de centrale tegenpartij van gecentraliseerde beurzen.
The token
Abbreviation: HYPE
Category: Utility & governance token within the Hyperliquid ecosystem
Blockchain: Hyperliquid Layer-1 blockchain (own chain)
Protocol: HyperBFT proof-of-stake-like consensus
Year of launch: 2024 (HYPE token mainnet & airdrop)
The technology behind Hyperliquid
The Hyperliquid network consists of two core components: HyperCore (the high-performance trading engine with an on-chain order book) and HyperEVM (an EVM-compatible smart contract layer). Both run under the same HyperBFT consensus and share a single unified state. The chain is engineered for high-frequency trading without gas fees for trade operations, optimizing liquidity and speed for DeFi traders.
The Hyperliquid ecosystem
The ecosystem includes the Hyperliquid DEX for perpetual futures, spot markets, order book trading, governance through HYPE token voting rights, staking mechanisms, and integration with external wallets via Web3 connectivity. In addition, the chain supports composable DeFi apps via HyperEVM and an engaged community driving governance decisions.
Who is the founder of Hyperliquid?
The project is developed by Hyperliquid Labs and supported by the Hyper Foundation. The team has expertise in decentralized trading infrastructure and blockchain engineering, though specific founder names are usually shared through official community communications and documentation.
Impact on the environment
Click here to read more information about the environmental impact of this coin.
Risk disclaimer
Please note: for more information about this crypto asset, consult the official resources provided by the project via https://hyperfoundation.org/
Before trading, make sure to read the general risk warning about crypto asset trading:
Cryptocurrencies, including Hyperliquid (HYPE), are volatile and involve risks. The value of HYPE can fluctuate significantly, and investments may result in financial losses. Always do your own research and only invest money you are prepared to lose.
The BTC Direct disclaimer van be found here.