Hyperliquid Unveils HyperEVM to Expand Programmability in DeFi Ecosystem

Description

Hyper Foundation, the entity behind the popular decentralized finance (DeFi) protocol, Hyperliquid, has announced the launch of HyperEVM, in a significant step toward integrating general-purpose programmability into its financial system. The initial mainnet release includes HyperEVM blocks built as part of Layer 1 execution, inheriting security from HyperBFT consensus. It also enables spot transfers between native spot HYPE and HyperEVM HYPE, with HYPE serving as the native gas token. Additional...