Hyperliquid has officially launched HyperEVM on its Layer-1 blockchain to enhance smart contract functionality in its financial ecosystem and DeFi dominance.
Hyperliquid introduces a bug bounty program offering up to $1 million to developers and users for identifying security vulnerabilities in HyperEVM and its interactions with the platform.
Hyperliquid's native token, HYPE, remains stable after the HyperEVM launch, with a market capitalization of $8.6 billion and a growing total value locked (TVL) of $677 million.
Hyper Liquid merges high-speed trading with scalable smart contract functionality, positioning itself as a major player in the DeFi landscape with the launch of HyperEVM.