- Hyperliquid announced on March 25, 2025 that its HyperCore and HyperEVM linking was now live on the mainnet.
- The HYPE token was up 24% in the past week, although it traded lower on the day.
Hyperliquid, the performant layer 1 blockchain offering an on-chain open financial system, has rolled out new features on the mainnet.
The Hyperliquid team announced on Tuesday that the HyperCore and HyperEVM linking was now live on its mainnet.
Unveiling the features on the mainnet brings key decentralized and centralized exchange capabilities to users, with this set to streamline DeFi on the platform.
“HyperCore spot assets are now available as building blocks for applications on HyperEVM. Furthermore, HyperEVM builders now have a permissionless path to listing on the same liquid and performant order books that power billions of volume every day on HyperCore,” Hyper Foundation said.
Mainnet launch and what it means for users
HyperCore powers Hyperliquid’s core network, and is crucial to the platform’s trading offering.
Meanwhile, HyperEVM, which the L1 network introduced last month, allows for an Ethereum Virtual Machine environment. It means developers can tap into EVM-compatible tools to build and deploy decentralised applications.
With the DeFi lifecycle going beyond project creation, token launch and trading, this milestone means developers can now do all these permissionlessly within Hyperliquid. In this case, linking on the mainnet allows for seamless asset transfers, including the native token HYPE.
Hyperliquid’s perp DEX gained traction in 2024, fueled by a $1.2 billion HYPE token airdrop last November. So far, its DEX protocol has processed more than $1 trillion in trading volume, becoming the first DEX to post metrics that rival the scale seen from top CEX platforms.
Though HYPE’s price has dipped 53% from its December peak, today’s update signals the protocol’s push to bolster its DeFi offerings and developer appeal.
HYPE price is up 24% in the past week. Overall market performance could, however, impact the token’s future outlook.
