Hyperliquid is a revolutionary decentralized exchange (DEX) platform, operating on its own ultra-high-performance Layer 1 blockchain. Designed to compete with centralized exchanges (CEX), it offers lightning-fast speeds, reduced fees, and complete transparency through a fully on-chain order book. Hyperliquid stands out with its perpetual and spot contract trading, with leverage up to 50x, low-latency execution, and a capacity of 200,000 orders per second. Its HyperBFT consensus, inspired by Hotstuff, ensures block finality in under one second.
The platform, supported by the token
HYPE (limited supply of 1 billion), enables governance, staking for passive income, and fee payment. Hyperliquid integrates HyperEVM for fast dApps and token standards (HIP-1, HIP-2) for optimized liquidity. Without KYC, it attracts retail and institutional traders, with over $4 billion
daily volume. Despite a relative centralization (16 validators), Hyperliquid redefines DeFi by combining the efficiency of CEX with the security of blockchain. A community-driven infrastructure, without VC, for a decentralized financial future.
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