Hyperliquid L1 chain
Overview
Hyperliquid L1 is a custom Layer 1 blockchain designed specifically for the Hyperliquid decentralized exchange. It focuses on high-performance, fully on-chain order book trading, primarily for perpetual futures contracts. The chain uses a custom consensus mechanism to achieve low latency and single-slot finality.
Within the DeFi Intel graph, Hyperliquid L1 connects to 33 tracked entities, most strongly to USD Coin, Tether USD, Morpho Blue.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 33 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | USD Coin | 95% |
deployed_on | Tether USD | 95% |
deployed_on | Morpho Blue | 95% |
deployed_on | Pendle | 95% |
deployed_on | Curve DEX | 95% |
deployed_on | Ethena USDe | 95% |
deployed_on | Hyperliquid | 95% |
deployed_on | Euler V2 | 95% |
deployed_on | Liquity BOLD | 95% |
deployed_on | Veda | 95% |
Frequently asked questions
What is Hyperliquid L1?
Hyperliquid L1 is a custom Layer 1 blockchain designed specifically for the Hyperliquid decentralized exchange, focusing on high-performance, fully on-chain order book trading for perpetual futures contracts.
What consensus mechanism does Hyperliquid L1 use?
Hyperliquid L1 uses a custom consensus mechanism to achieve low latency and single-slot finality.
Which protocols are deployed on Hyperliquid L1?
Protocols deployed on Hyperliquid L1 include Morpho Blue, Hyperliquid Bridge, Centrifuge Protocol, Curve DEX, Pendle, Veda, Gauntlet, and Kinetiq kHYPE.
More on Hyperliquid L1
Sources
Live news feed, full graph, and search.