The rise of the HyperEVM ecosystem: much more than Hyperliquid
Hyperliquid is a high-performance decentralized exchange (DEX) that runs on its own L1 blockchain and supports a fast and low-cost perpetual contract and spot trading ecosystem through HyperBFT consensus and HyperEVM.
BlockBeats News, according to HyperInsight monitoring, as of July 21, the total number of users on the Hyperliquid platform has reached 572,868, the platform has processed over 11.6 billion transactions, and the total transaction volume on the platform is 15.6 billion USD.Editor's Note on BlockBeats: The user and transaction volume data of the Hyperliquid platform usually has a 2-day delay; therefore, today's statistics are data up to July 21.
「Buy Early, Buy Cheap; Buy Late, Buy High」. Trading within the project's ecosystem can only occur on the internal market until the Token Generation Event (TGE) is completed. After the event, trading is allowed on external exchanges.
HyperEVM offers a stablecoin investment opportunity with an 8-26% APY, far exceeding traditional platforms, but caution is advised regarding smart contract and collateral risks.