HyperEVM

The Hyperliquid L1 features a general purpose EVM as part of the blockchain state. Importantly, the HyperEVM is not a separate chain, but rather secured by the same HyperBFT consensus as the rest of the L1. This lets the EVM interact directly with the native components of the L1, such as spot and perp order books.

For example, HYPE on the L1 is fungible with the gas token on the HyperEVM. Ultimately, users will be able to trade a project token with minimal fees and deep liquidity on the native spot order book, and seamlessly use the same asset on applications built on the EVM.

Some interactions between the HyperEVM and the L1 are under active testnet development. For the latest technical documentation, see https://app.gitbook.com/o/9IEyz6nVB2XCF7KcJ16H/s/yUdp569E6w18GdfqlGvJ/~/changes/484/for-developers/evm