🧵 Introducing Hypurrscan: An HyperLiquid L1 Explorer
1/ What is Hypurrscan?
https://t.co/U1Ys8pChsK is an explorer for HyperLiquid L1, offering tools to track auction prices, TWAPs, transaction history and token-specific data all in one place.
Hypurrscan: Native Markets
After careful consideration, Hypurrscan is casting our validator vote for Native Markets.
Among the top contenders: Ethena, Paxos, and Native Markets. We believe Native Markets is the only truly Hyperliquid-first, and most Hyperliquid-aligned proposal.
We’re also glad to see that at least one validator voted for what we think are the best proposals, because the final word does not belong to us. It belongs to stakers. Validators express preferences, but stakers hold the keys. If you agree with our vote, we welcome your continued delegation. If you don’t, we encourage you to redelegate to a validator that better reflects your view. That’s the point of decentralized governance.
Hyperliquid.
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Approximately 3 hours ago, a significant shift in staking activity was detected from the top $HYPE-holding wallet (@HyperliquidX team-held tokens).
A total of 47,050,000 $HYPE tokens, previously staked with the Hyper Foundation 5 validator, have now been redistributed across 11 different validators.
The breakdown of delegated validators and amounts is as follows:
12,000,000 – @HypurrScan
8,500,000 – @nansen_ai x @hypurr_co
7,500,000 – @infinitefieldx
4,000,000 – @imperator_co (@hyperpc_)
2,150,000 – HypurrCorea: @SKYGG_Official x @DeSpreadTeam
2,150,000 – @B__Harvest
2,150,000 – CMI
2,150,000 – @asxn_r
2,150,000 – @xLiquidSpirit x Rekt Gang
2,150,000 – @validaoxyz
2,150,000 – @USDT0_to x @luganodes
This reallocation of staking significantly increases validator distribution and strengthens the decentralization of the Hyperliquid network.
Will we someday see a future where all staking held by the Hyperliquid team and foundation is fully delegated across a wide array of validators—achieving true decentralization?
Hyperliquid
Hypurrscan validator participated and voted 'yes' for the MYRO perp to be delisted. A new tab has been added at https://t.co/E5IhDNPUDo to show current votes (still a work in progress; support for past votes will be added soon).
The Hyperliquid blockchain has been upgraded to feature fully onchain validator voting for asset delisting. When a quorum of stake has voted for a delisting, the action automatically triggers onchain. This permissionless stake-based vote weighting primitive is built natively into HyperCore and technically requires no offchain coordination.
As a demonstration of the primitive, the Hyper Foundation validators 2-5 will vote to delist MYRO perps around 13:00 UTC on March 29. Hyper Foundation validator 1 will abstain from voting until delegations to initial Delegation Program participants are complete.
Like on other chains, most validators will likely make their intended votes clear offchain beforehand to provide users clarity and predictability. The Hyper Foundation does not act or speak on behalf of other validators. There may be interfaces built or provided in the future to summarize validator voting in a more user-friendly way.
The Hyperliquid blockchain has been upgraded to feature fully onchain validator voting for asset delisting. When a quorum of stake has voted for a delisting, the action automatically triggers onchain. This permissionless stake-based vote weighting primitive is built natively into HyperCore and technically requires no offchain coordination.
As a demonstration of the primitive, the Hyper Foundation validators 2-5 will vote to delist MYRO perps around 13:00 UTC on March 29. Hyper Foundation validator 1 will abstain from voting until delegations to initial Delegation Program participants are complete.
Like on other chains, most validators will likely make their intended votes clear offchain beforehand to provide users clarity and predictability. The Hyper Foundation does not act or speak on behalf of other validators. There may be interfaces built or provided in the future to summarize validator voting in a more user-friendly way.
The HyperEVM is live. This is a major step toward the vision of housing all finance by bringing general-purpose programmability to Hyperliquid’s performant financial system. The initial mainnet release of the HyperEVM includes:
1. HyperEVM blocks built as part of L1 execution, inheriting all security from HyperBFT consensus.
2. Spot transfers between native spot HYPE and HyperEVM HYPE. As a reminder, HYPE is the native gas token on the HyperEVM.
3. A canonical WHYPE system contract deployed at 0x555...5 for defi applications. The source code can be found at https://t.co/pXmVRNpqov
Effective immediately, the bug bounty program will pay mainnet bounty amounts for reports within the scope of the points above. See https://t.co/KamzgZAYWh for details.
For API and wallet users: the mainnet HyperEVM has chain ID 999. A JSON-RPC server for the mainnet HyperEVM is hosted at https://t.co/BB0W8L4cXp. Node operators and other builders are encouraged to host their own RPC servers.
Tooling and analytics around mainnet HyperEVM may not be polished on day one. However, there are many talented builders working to solve these developer pain points. To help with these efforts, raw HyperEVM block data is streamed realtime to S3 so that running a node is not required to index the HyperEVM. More technical details can be found here: https://t.co/h6GeFo8HIl
General ERC20 native transfers and precompiles will be enabled on a future network upgrade. Any ongoing feedback for these features on testnet is greatly appreciated. While these features are implemented on testnet, the mainnet releases are staggered for minimal disruption to existing users on the L1. The HyperEVM is composable with the L1 state while not affecting the low latency trading experience of existing users.
Thank you to all the builders and users who have shared feedback on testnet so far. It will be exciting to see new applications leveraging and building upon the existing onchain financial system of Hyperliquid.
The HyperEVM is live. This is a major step toward the vision of housing all finance by bringing general-purpose programmability to Hyperliquid’s performant financial system. The initial mainnet release of the HyperEVM includes:
1. HyperEVM blocks built as part of L1 execution, inheriting all security from HyperBFT consensus.
2. Spot transfers between native spot HYPE and HyperEVM HYPE. As a reminder, HYPE is the native gas token on the HyperEVM.
3. A canonical WHYPE system contract deployed at 0x555...5 for defi applications. The source code can be found at https://t.co/pXmVRNpqov
Effective immediately, the bug bounty program will pay mainnet bounty amounts for reports within the scope of the points above. See https://t.co/KamzgZAYWh for details.
For API and wallet users: the mainnet HyperEVM has chain ID 999. A JSON-RPC server for the mainnet HyperEVM is hosted at https://t.co/BB0W8L4cXp. Node operators and other builders are encouraged to host their own RPC servers.
Tooling and analytics around mainnet HyperEVM may not be polished on day one. However, there are many talented builders working to solve these developer pain points. To help with these efforts, raw HyperEVM block data is streamed realtime to S3 so that running a node is not required to index the HyperEVM. More technical details can be found here: https://t.co/h6GeFo8HIl
General ERC20 native transfers and precompiles will be enabled on a future network upgrade. Any ongoing feedback for these features on testnet is greatly appreciated. While these features are implemented on testnet, the mainnet releases are staggered for minimal disruption to existing users on the L1. The HyperEVM is composable with the L1 state while not affecting the low latency trading experience of existing users.
Thank you to all the builders and users who have shared feedback on testnet so far. It will be exciting to see new applications leveraging and building upon the existing onchain financial system of Hyperliquid.
Staking is now live on mainnet.
Staking is an important milestone for Hyperliquid because it allows the diverse community of HYPE stakers to collectively secure the network. Like other proof of stake networks, new blocks on Hyperliquid are proposed by validators in proportion to the HYPE staked to them. Staking is a serious responsibility for the Hyperliquid community.
Users can stake HYPE to a trusted validator and earn staking rewards in HYPE. Users may consider different metrics when choosing which validators to stake to, such as uptime, commission, reputation, and community contributions.
The Hyper Foundation will have a Delegation Program to support high-performing validators and further decentralise the network. More information about the program will be announced. Note that locked tokens may be staked, but their rewards are locked.
It's inspiring to see tens of thousands of community members secure life-changing wealth as part of the Hyperliquid genesis event. Importantly, none of these people were insiders. They:
1) believed in the vision for a better financial system when no one else would
2) acted on that conviction by using and building upon the nascent technology, bootstrapping an unstoppable financial network
The Hyperliquid genesis pays homage to the original ethos of Bitcoin: ownership goes to the believers and doers, not rent-seeking insiders.
For all you early believers, thank you for the unwavering faith and support. Hyperliquid would be nowhere without you all. I'm grateful and honored to be building alongside you.
--
Looking back, we've come a long way. But looking ahead, there's so much further to go.
Finance is humanity's greatest invention. It is the only effective way to coordinate human effort across time and space. Yet, the legacy financial system contradicts its underlying goal of empowering individuals:
- it is opaque and centralized
- it is owned and operated by privileged insiders
- it doesn't embrace technological innovation to better serve users
Hyperliquid is the evolution of finance. And Hyperliquid has not succeeded until it houses all of finance. If you're reading this now, you're still early. The new financial system welcomes you with open arms.
🧵 Introducing Hypurrscan: An HyperLiquid L1 Explorer
1/ What is Hypurrscan?
https://t.co/U1Ys8pChsK is an explorer for HyperLiquid L1, offering tools to track auction prices, TWAPs, transaction history and token-specific data all in one place.
Introducing Hypermap: The @HyperliquidX testnet geo-map!
Back in July, HyperLiquid opened access for permissionless read-only node deployments on their testnet. And today, two months in, we're already seeing more than 650 nodes running across the world, covering every continent except Antarctica.
Explore the map here: https://t.co/g3dE1ym63m
The Hyperoptimized Order Book L1: A @HyperliquidX Report
Where we look at:
- The spot and perps DEX landscape
- Protocol mechanics
- HyperBFT
- Spot ecosystem & HyperEVM
- Points analysis
- Decentralization & future catalysts
- Thesis, valuation & risks
https://t.co/50puVfybts
If you have any ideas or feedback don't hesitate to share them in https://t.co/kloCNwqbNe
If you like the explorer you can support it by trading with https://t.co/6ZQbQsOsHJ