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Hyperliquid Introduces HyperEVM, Strengthening Its DeFi Dominance

  • 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.

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