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Charting the HyperEVM Hype

The forthcoming HyperEVM launch is attracting a wave of new DeFi players looking to tap into Hyperliquid's success.
Charting the HyperEVM Hype
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Hyperliquid’s HyperEVM expansion is right around the corner, literally, and amid launch speculation, ecosystem excitement is catching fire.

Hyperliquid’s perpetuals DEX was launched back in 2022 and has quickly risen to become one of the go-to platforms for perps traders. The DEX is averaging a whopping $4.4B in volume per day and continues to hit new all-time highs there, with half of all onchain perpetual DEX trades taking place on the platform.

That's a wild amount of activity for a chain with a single live application... Enter Hyperliquid bulls, who see the HyperEVM expansion allowing a multitude of apps to participate in a tremendous surge in onchain activity.  Said apps won’t be drawn just by the chain’s volume but also by its novel underlying tech:

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David Christopher

Written by David Christopher

565 Articles View all      

David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.

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