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Jul 24, 2026 • minute read

Contents

Trade 100+ perps and spot assets on hyperliquid, a decentralized layer 1 blockchain with fully onchain order books. Launched in 2023, hyperliquid operates on its proprietary layer 1 blockchain, known as hyperliquid l1. At its core, hyperliquid introduces a novel layer 1 (l1) blockchain that is meticulously engineered from the ground up to optimize performance and scalability.

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Hyperliquid is the blockchain to house all finance It combines the speed and efficiency of centralized exchanges (cexs) with the transparency and security of decentralized finance (defi) Hyperliquid is a decentralized exchange (dex) that, unlike most of its competitors, runs on its own blockchain

What is hyperliquid, and how does it work

This integration allows users and developers to build, trade, and deploy financial applications. Hyperliquid is a performant l1 optimized from the ground up Hyperliquid is a decentralized exchange (dex) that specializes in perpetual contracts