Charting the HyperEVM Hype
The forthcoming HyperEVM launch is attracting a wave of new DeFi players looking to tap into Hyperliquid's success.
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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Kazu Umemoto
Kazu Umemoto is an analyst and has been with Bankless since October 2024. Previously worked at an accounting firm doing tech auditing. He graduated from the University of Oregon with a degree in finance and a minor in computer science.
