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.
Learn to short coins with weakness so you can profit even when there's downtrends in the market. It's good to have stables on hand. I suggest starting small so you don't get rekt and build up your confidence + skills (like I am currently doing now) Some profits over the past week posted below. Also highly suggest using @HyperliquidX for trading, there will be future airdrops, they have the cheapest fees, they post new trending coins before anyone else, fees generated goes back into the community / $hype token buybacks, the list goes on.
Send me a comment or a DM if you need a discount trading link.
Hyperliquid
I was originally a $HYPE skeptic and fumbled my airdrop but looking at the data it is obvious we're dealing with a Top 10 asset here.
Hyperliquid already commands >3% market share over total open interest in the industry, only behind CEXs. Given its quickness to list assets, superior UX and upcoming mainnet launch I'd expect Hyperliquid to rise to 4th in terms of OI venues in 2025 only behind the giants in Binance, CME, and Bybit.
Looking at the revenues generated by the exchange it is trading at significantly better multiples than $ETH or $SOL and this is just with a single perp DEX product. Once mainnet launches, fees will significantly increase given a plethora of apps and an appetite from users to dive into the Hyperliquid trenches, particularly with 39% of tokens ($9bn) still to be emitted to the community via further incentives.
Not to mention an incredibly powerful value accrual mechanism that directs all fees to the HLP vault+the assistance fund, with the latter having purchased $324mn of $HYPE in the open market over the last 3 months.
If you don't have exposure at this point it would be wise to reevaluate before you get left behind.
Hyperliquid.
HypurrCo x Hypers Partnership Announcement 🚨
@HypersonHL has generously allocated whitelist spots to HypurrCollective for distribution to our stakers and community.
Whitelist Giveaway (50 Spots)
We are raffling 50 Guaranteed WL spots to eligible stakers!
🔗 Enter here: https://t.co/FuoeFXmuZ7
Requirements to Participate:
1️⃣ Follow @Hypurr_co & @HypersonHL
2️⃣ Retweet this post
3️⃣ Minimum staking requirement: 103 $HYPE staked (Snapshot taken)
Over 7,500+ wallets are eligible!
2/2 Additional Whitelist Allocations
@HypersonHL is also granting guaranteed WL spots to key community groups/stakers:
1️⃣ Top 100 stakers on the HypurrCollective x Nansen validator (Auto-included in today’s snapshot)
- Minimum stake: 72.5K $HYPE tokens
2️⃣ HypurrCore members
- Any remaining spots will go to the HypurrCo treasury, which will mint and hodl for future initiatives.
For all details on mint, follow Hypers. This will be a paid mint.
@blknoiz06 I have a big bag of hype staked + using platform daily for future airdrop and now I’m thinking I probably shouldn’t have staked and have everything in stables
Tonight I decided to put a large % of my portfolio into $HYPE.
I had never used Hyperliquid before the airdrop last year, but after seeing how users showed how much they just loved using it, I had to give a try.
They were grateful for the airdrop, but weren't even expecting it. Many recipients actually bought more. How odd I thought...
So I got curious.
I bridged some ETH over during the $PENGU airdrop and focused on turning $20,000 into 7 figures simply using perps.
I fell in love with the platform.
It taught how to win no matter which way the market was moving. That we can make money if something goes up or if it goes down. Becoming a complete player: offensively and defensively.
So why buy the token itself?
◙ Perp trading is one of the most profitable businesses in crypto. This happens during green days and red days.
◙ Mostly perp trading platforms are controlled by CEXs, Hyperliquid is decentralized and gives power to the people.
◙ I've been able to short tokens that are hyped for the day that I know will die or correct hard the next days. This has been my secret sauce to start the year. But shh.
◙ Insane level of community and users that love the platform (me included).
◙ I believe this token can do well regardless of market conditions because as with perp trading, money is to be made regardless.
◙ We are getting to the part of the cycle where I'd rather play larger conviction bets and see them grow slowly over time.
If you look at the data, we can see that more and more people are using Hyperliquid for these last months and I believe that number will only grow.
We can then look at the L1 aspect coming up as well.
Hyperliquid.
I would highly, highly suggest you check out the platform yourself:
https://t.co/TrOFiFvfo6
When HYPE first launched, the total float was the ~270m tokens claimed by the community.
As of today, 127m HYPE is staked and the AF has bought ~14m tokens. This means that as HYPE begins its second rally, more than half of the float is absent from the order books.
Hyperliquid