CONTEXT & PERSPECTIVE
Overview
Overview
Hyperliquid is a Layer 1 blockchain best known for perpetual futures and spot trading. The order book is fully onchain, and orders are matched in price-time priority. Every order, cancel, trade, and liquidation happens transparently.
Sources and further reading
Category, chain coverage, and overview come from provider records. TVL describes reported deposited value and is not an audit of a protocol's safety.