Hyperliquid

Hyperliquid is a high-performance decentralized perpetuals exchange built on its own Layer 1 blockchain.

It features a fully on-chain order book, 20,000+ TPS, and sub-second finality.

HyperEVM launched in February 2025, enabling general EVM applications.

A major airdrop was completed in November 2024, with future seasons possible as the ecosystem grows.

Users earn through trading, providing liquidity, and ecosystem participation.

Token: HYPE — serves as gas for both HyperCore and HyperEVM, and is interchangeable between layers.