• Hyperliquid launched a generic EVM referred to as HypereVM.
• HypereVM is built-in with Hyperliquid’s L1 consensus mechanism for safety.
• Excessive lipid bug prizes supply as much as $1 million for recognized bugs.

Hyperliquid, the Layer-1 blockchain platform, has launched its general-purpose Ethereum digital machine (EVM) HypereVM.

HypereVM is stay. This can be a main step in direction of our imaginative and prescient of housing all our funds by bringing generic programmaticity to Hyperliquid’s performative monetary system. The primary mainnet launch of HypereVM contains:

1. HypereVM blocks constructed as a part of L1 execution,… pic.twitter.com/sleqk1n7t5

– HyperFundation (@hyperfnd) February 18, 2025

The transfer illustrates an essential step in Hyperliquid’s mission to combine complete monetary programmes into its high-performance ecosystem.

HypereVM is built-in into the L1 consensus mechanism of Hyperliquid

HypereVM doesn’t act as a standalone chain, however is deeply built-in into Hyperliquid’s present Layer-1 consensus mechanism generally known as Hyperbft. This integration ensures that EVM inherits the sturdy security measures of the Hyperliquid base layer.

Particularly, the blocks of HypereVM are constructed as a part of the L1 execution, offering a seamless interplay between the EVM and the native elements of the excessive lipid community. This setup permits excessive lipid native hype tokens to be finalized with gasoline tokens used inside HypereVM, bettering the platform’s liquidity and person expertise.

HypereVM is assigned a series ID of 999, making JSON-RPC servers out there, prompting node operators and different builders to host their very own servers, distributing entry to the community.

Moreover, recognizing the early state of instruments and evaluation round new EVMs, excessive lipids stream uncooked HypereVM block information to S3 in actual time. This method permits builders to index the blockchain and ease the burden on the ecosystem of recent individuals, with out the necessity to run their very own nodes.

The primary launch contains essential options reminiscent of spot transfers between native hype and HypereVM hype, however the deployment of WhyPE system contracts for Defi functions would be the norm for ERC20 in future upgrades. We plan to introduce forwarding and precompilation.

This stickguard rollout technique goals so as to add new options and exhibit Hyperliquid’s dedication to each innovation and stability, whereas minimizing confusion amongst present customers.

Excessive lipid bug bounty program

In cooperation with the launch of EVM, Hyperliquid has launched a complete bug bounty program. This initiative is designed to boost system safety by encouraging builders to seek out and report vulnerabilities.

Rewards beneath the Bug Bounty Program can enhance as much as 1 million USDC relying on the severity of the recognized safety challenge.

This program covers a variety of potential vulnerabilities, together with these that may trigger system outages and errors within the node or API server.

For HypereVM on the mainnet, bug hunters can report points associated to integration of EVM with native options of hyperglycemia.