Hyperliquid L1 chain
Overview
Hyperliquid is a Layer 1 blockchain built specifically for high-performance decentralized perpetual futures trading. It utilizes a custom HyperBFT consensus to achieve fast finality and on-chain order book transparency. The platform is used for trading derivatives with low latency and full self-custody.
Within the DeFi Intel graph, Hyperliquid L1 connects to 8 tracked entities, most strongly to HYPE, HYPE, HyperEVM.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 8 of 8 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | HYPE | 95% |
issued_by | HYPE | 95% |
deployed_on | HyperEVM | 95% |
deployed_on | HyperCore | 95% |
deployed_on | Hyperliquid | 85% |
staking_provider_for | Chorus One | 85% |
plans_deployment | Pendle | 70% |
deployed_on | Curve Finance | 70% |
Company intelligence
Hyperliquid is a high‑performance Layer‑1 blockchain built to support a fully on‑chain open financial system.
Investors
- Andreessen Horowitz Venture Capital
Products
- Hyperliquid L1 blockchain
- HyperEVM EVM compatibility layer
Funding
Key people
- Will Valdez CEO
- Alex Gennari Co‑Founder / CTO
Timeline & market context
Amber line: BTC price over the last year. Dots: dated events (hack/incident red, fundraise green, partnership blue, launch purple, regulatory amber, news grey).
Frequently asked questions
What is Hyperliquid L1?
Hyperliquid is a Layer 1 blockchain built specifically for high-performance decentralized perpetual futures trading. It uses a custom HyperBFT consensus for fast finality and on-chain order book transparency.
What consensus mechanism does Hyperliquid use?
Hyperliquid uses a custom HyperBFT consensus to achieve fast finality and on-chain order book transparency.
What protocols are deployed on Hyperliquid?
Protocols deployed on Hyperliquid include HYPE, HyperEVM, HyperCore, Hyperliquid, and Curve Finance. Pendle also plans to deploy on the chain.