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Introducing Hyperliquid (HYPE) A high-performance decentralized exchange (DEX) built on its own Layer‑1 blockchain—designed for fast, transparent perpetual futures trading. Let’s break it down 👇
📈 Trading Speed & Transparency Unlike most DEXs, Hyperliquid offers a fully on-chain order book with near-instant settlement and zero gas fees—while maintaining CEX-level performance at ~20,000 TPS or more
🚀 Layer‑1 Backbone Hyperliquid runs on its proprietary HyperEVM blockchain, powered by a custom HyperBFT consensus (based on HotStuff). This enables ultra-low-latency, gas-free transactions tailored for trading