
Hyperliquid is a decentralized financial system built on a high-performance Layer 1 blockchain powered by HyperBFT, capable of 200k transactions per second with ~0.2-second finality. Initially a perpetual and spot DEX, Hyperliquid has evolved into a fully on-chain financial ecosystem featuring the HyperEVM for programmable state and applications. The native token, HYPE, secures the network and serves as a utility for gas and staking.