Hyperliquid Faces Technical Challenges Amid Record Growth

Hyperliquid, the leading decentralized perpetual futures exchange, experienced significant technical difficulties this week that highlighted both its rapid growth and infrastructure limitations.

The platform, built on its own high-performance Layer 1 blockchain called HyperEVM, suffered a 37-minute outage on Tuesday (July 29) that exposed critical weaknesses in its API server architecture.

The outage began at 14:10 UTC when traders started reporting failed order executions across the platform.