
Jesse|Jun 01, 2025 10:21
What is Hyperliquid?
A new Layer 1, driven by two major engines:
-HyperCore: Running perpetual contracts and spot trading markets (similar to a centralized exchange experience).
-HyperEVM: Used for deploying and running smart contracts (similar to Ethereum). (Main network launched on February 18, 2025)
Goal: Move CEX level depth directly onto the chain, making DeFi usable as well.
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