Hyperliquid

Decentralized derivativesLayer 1 blockchains (L1s)
Hyperliquid
Hyperliquid is a Layer 1 blockchain and on-chain perpetuals DEX where traders open leveraged long or short positions with USDC collateral.
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What is Hyperliquid?
Hyperliquid is a Layer 1 blockchain built around an on-chain perpetuals and spot DEX, with HyperEVM smart contracts powering a broader DeFi ecosystem. Traders bridge USDC, connect a wallet, and place perpetual or spot orders directly on the HyperCore order book at sub-second latency. The DEX routinely settles billions in daily volume across BTC, ETH, HYPE, and long-tail perps markets.
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