HyperEVM

(Testnet-only)

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, ERC20 tokens are fungible with their linked native spot asset. Users can 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.

The HyperEVM and its interactions with the L1 are under active development. For the latest technical developments, seehttps://app.gitbook.com/o/9IEyz6nVB2XCF7KcJ16H/s/yUdp569E6w18GdfqlGvJ/~/changes/484/for-developers/evm