HyperEVM's gas fees have been off the charts these past few days. Is it time to move to L2? Great idea, but almost impossible to pull off. Not because of technical reasons, but because creating an L2 goes against the core philosophy of HyperEVM. HyperEVM isn’t essentially a standalone L1 chain. It’s just the general-purpose smart contract execution layer of Hyperliquid L1. HyperCore, on the other hand, is another execution layer focused on high-performance trading. These two execution environments are tightly coupled, sharing the same validator set, consensus, and unified state. The official Hyperliquid Gitbook explains the original intent behind building HyperEVM: developers can write smart contracts on HyperEVM and directly tap into the native on-chain order book liquidity within HyperCore. In more technical terms, it’s about achieving native composability between HyperEVM and HyperCore: no bridges, no oracles, no liquidity fragmentation, and no delays. If Hyperliquid were to create an L2, it would inevitably sacrifice native composability, leading to liquidity fragmentation and delay issues. HyperEVM would lose its very purpose for existing.