Hyperliquid L1 Blockchain
What is Hyperliquid L1?
Explain Like I'm 5:
Hyperliquid L1 is like a super-fast computer network that's specially built for trading. It's like having a race car that's designed just for racing, instead of using a regular car. This makes everything work much faster and smoother than other blockchain networks.
Hyperliquid is a layer one blockchain (L1) written and optimized from first principles. It uses a custom consensus algorithm called HyperBFT inspired by Hotstuff and its successors. Both the algorithm and networking stack are optimized from the ground up to support the unique demands of the L1.
Key Components
HyperCore
Think of HyperCore as the engine of a race car. It's super powerful and does one thing really well: process trades quickly!
Includes fully onchain perpetual futures and spot order books. Every order, cancel, trade, and liquidation happens transparently with one-block finality. HyperCore currently supports 200k orders per second.
HyperEVM
HyperEVM is like a playground where people can build their own games and toys that work with the race car.
Brings the familiar general-purpose smart contract platform pioneered by Ethereum to the Hyperliquid blockchain. The performant liquidity and financial primitives of HyperCore are available as permissionless building blocks for all users and builders.
Learn More About Hyperliquid L1
L1 Overview
Detailed overview of the Hyperliquid L1 blockchain
Staking
Learn about staking on Hyperliquid
HyperEVM
Understand the HyperEVM component
Bridge
Learn about the bridge between Hyperliquid and other blockchains
Clearinghouse
Understand how the clearinghouse works
Oracle
Learn about price oracles in Hyperliquid