Hyperliquid is an emerging blockchain platform that seeks to change decentralized finance (DeFi). Custom-made from scratch is the Layer 1 blockchain focused on speed and scalability. At the core of its operation is HyperBFT, a unique consensus prototype that guarantees rapid and secure transaction finality. One of its promotional points is that Hyperliquid puts emphasis on trading perpetual futures directly on the native blockchain. The platform, as opposed to many others, would never charge gas fees for transactions, making it a cheaper and efficient network to trade on. Hyperliquid retains its order book fully on-chain, allowing for transparency and security, as every single transaction is verifiable on the blockchain.
Hyperliquid seems like a great project in this market. Fast, cheap trades perfectly accommodate the need for efficient DeFi solutions. There is high expertise behind Hyperliquid—the team came from Harvard, Caltech, and MIT. Being self-funded also allows Hyperliquid to be on its own course and focus only on what really matters to it, undistracted by any outside forces. This gives it a definite advantage over other coins with gas fees and slow blockchains. As the DeFi space evolves, platforms that offer speed, security, and low costs are likely to attract more users. Hyperliquid’s unique features position it well in the current market cycle.
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