Hyperliquid has rapidly emerged as a major force in the on-chain trading space, offering zero gas fee perpetual trading with deep liquidity. But its evolution didn’t stop there. It enters HyperEVM, an EVM-compatible layer built to bring smart contract capabilities to the Hyperliquid ecosystem.

What is HyperEVM?

HyperEVM is an Ethereum Virtual Machine (EVM) implementation built directly into the Hyperliquid blockchain. It leverages the HyperBFT consensus for speed and security and is designed to handle everything related to smart contracts, while HyperCore manages trading-related functionalities.

One of its most innovative features is the dual-block architecture:

• Small blocks (2M gas limit) for quick transactions.

• Large blocks (30M gas limit) for complex operations like contract deployments.

This approach ensures that small transactions remain fast and efficient, while resource-heavy processes don’t clog the network.

Developer-Friendly Infrastructure

HyperEVM is built with developers in mind. From RPC endpoints for both mainnet and testnet to bridges, oracles, SDKs, and cross-chain messaging support, HyperEVM provides a complete toolbox to start building with ease.

Popular tools and resources include:

• RPCs via rpc.hyperliquid.xyz

• SDKs via GitHub

• Oracle support from Pyth and Stork

• Cross-chain solutions via LayerZero, Hyperlane, and DeBridge

• Indexing via Goldsky and Allium

The native gas token, HYPE, powers smart contract interactions across the HyperEVM layer.

Ecosystem

As of now, HyperEVM hosts over 100+ dApps across categories like DeFi, NFTs, LSTs (Liquid Staking Tokens), and SocialFi. Notable projects in each category include:

• DeFi: HyperSwap, Felix Protocol, Harmonix Finance

• LSTs: Kinetiq, LoopedHYPE

• SocialFi: HypurrFun, PvP.trade

• NFTs: Drip Trade, PiP and Friends

This diverse ecosystem benefits from direct access to real-time pricing data from HyperCore’s spot and perpetual markets, offering unmatched composability.

Wanna dive deeper into RPCs, HIPs, developer guides, and top protocols?

Check out our full breakdown: A Guide to HyperEVM and Its Ecosystem

Why It Matters?

HyperEVM is more than just an EVM clone. It’s a reimagined execution layer that merges smart contract logic with native financial primitives. It’s fast, composable, and developer-ready, positioning itself as a promising playground for Web3 builders.

At QuillAudits, with our 7+ years of experience, we audit the HyperEVM ecosystem projects, making them more resilient and better for users.