With the launch of Hyperliquid’s new Hyperevm main network, Hype, the local token of the platform, increased by exceeding $ 27. According to Hyperliquid data, Altcoin Hype is currently trading for $ 26.5 and its market value is $ 8.8 billion. The 24 -hour transaction volume was recorded as 102 million dollars.
Hyperliquid announced a mainnet (main network)
Hyperliquid is a Layer 1 (L1) blockchain developed as a decentralized derivative processing platform. The platform emphasizes that it does not accept any investment and emphasizes that it is not allocated to private investors, central stock exchanges or market makers in token distribution. The ecosystem is not yet fully developed and all components from the browser to the decentralized stock exchange (Dex) are managed by Hyperliquid.
Hyperevm, part of the Hyperliquid ecosystem, provides the integration of Layer 1 blockchainine Ethereum Virtual Machine (EVM), allowing developers to operate Ethereum compatible smart contract. Hyper Foundation, the first version of the main network of Hypevm, HyperBFT consensus mechanism inherited full security, he said. With the publication of Hypevm, transfers between the local Spot Hype Token and Hyperevm Hype became possible. Hype will be used as a local trading fee token on Hypevm.
Main Network and Future Plans
On the first day of the main network, Hyper Foundation announced that all vehicles and analysis platforms may not be fully developed, but block data will be flowing into S3 cloud storage service in real time. In this way, you will be able to index Hypevm data without running a knot. In addition, a mistake program was launched within the scope of the project. All errors that may cause logical errors on the API servers with service interruption or nodes (Node) on the main network will be awarded to receive awards in line with certain criteria.
The Hyperliquid team continues to gather feedback on the Test Network ERC-20 Token transfers and pre-compiled smart contract support. It is stated that these features will be activated in an update.
Altcoin price rose
Hyperliquid’s derivative trading platform left Jupiter’s 36.28 billion dollars of $ 36.28 billion and $ 16.21 billion in January with a transaction volume of 197.88 billion in January. In the last 24 hours, Hype Token increased by 0.8 percent and traded at the level of 26.1 dollars.
