Hyperliquid Integrates HyperCore and HyperEVM on Mainnet to Bridge DeFi and CEX Functionalities
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According to an announcement on Tuesday, Hyperliquid has introduced the mainnet integration of HyperCore and HyperEVM, aiming to merge features of decentralized and centralized exchanges for a more seamless DeFi development process.
HyperCore is the foundation of Hyperliquid’s layer-1 network and high-performance trading framework. Meanwhile, HyperEVM, launched in February, functions as a general-purpose Ethereum Virtual Machine (EVM) environment, enabling developers to create EVM-compatible decentralized applications (dApps) within the HyperCore ecosystem.
Previously operating as separate entities, HyperCore and HyperEVM can now interact, allowing developers to transfer HyperCore-based spot assets, including Hyperliquid’s native token, HYPE, across both systems. With this integration, developers can leverage the “spotted action” feature or use the platform’s frontend interface to facilitate token conversions between HyperCore and HyperEVM. Additionally, they can utilize the ERC-20 transfer function within the EVM environment for enhanced interoperability.
Hyperliquid Advises Caution on Mainnet Linking, Highlights Testnet Trials
The Hyperliquid team has urged users to conduct thorough testing on the testnet before linking and converting assets on the mainnet. “It is strongly recommended to test everything on testnet before linking on mainnet,” the team emphasized, citing the irreversible nature of the linking process.
In GitHub documentation published on March 25, Hyperliquid also pointed out that the system address—identified as the address beginning with byte 0x20 followed by zeroes—may not always have sufficient supply. Additionally, the platform has yet to implement a verification system to confirm the validity of ERC-20 recipient contracts. “Since the linked contract may contain arbitrary bytecode, it is advisable to verify its implementation to ensure correctness,” the GitHub notes caution.
Hyperliquid’s perpetual decentralized exchange (perp DEX) emerged as a standout success in 2023, coinciding with a surge in crypto and DeFi momentum. The protocol, which debuted last year, distributed HYPE tokens worth $1.2 billion in an airdrop last November. As of now, HYPE is trading approximately 53% below its all-time high of $34.96, recorded in December 2024, according to The Block’s price data.
