The Hyper Foundation has been established to support the growth of the Hyperliquid blockchain and ecosystem. Today, the flagship application on Hyperliquid is the premier decentralised exchange, part of the foundation for a new financial system. Hyperliquid's order books already provide the deepest and most robust onchain liquidity for a wide spectrum of assets. With the launch of the HyperEVM, any application built on Hyperliquid will also have access to this deep liquidity and other native financial primitives. For the first time, finance will be performant, liquid, and accessible. The next step of Hyperliquid's journey is the native token, HYPE. A native token is essential for the HyperBFT proof-of-stake consensus, the HyperEVM, and further developments on the roadmap. As part of the genesis distribution, eligible users can choose to receive HYPE and optionally a Hypurr NFT to commemorate the upcoming launch of the HyperEVM on mainnet. Users must review and accept the Genesis Event Terms on before November 11, 2024 23:59 UTC to participate. Further information about HYPE and the Genesis Event will be shared at a later date.

Staking is now live on mainnet. Staking is an important milestone for Hyperliquid because it allows the diverse community of HYPE stakers to collectively secure the network. Like other proof of stake networks, new blocks on Hyperliquid are proposed by validators in proportion to the HYPE staked to them. Staking is a serious responsibility for the Hyperliquid community. Users can stake HYPE to a trusted validator and earn staking rewards in HYPE. Users may consider different metrics when choosing which validators to stake to, such as uptime, commission, reputation, and community contributions. The Hyper Foundation will have a Delegation Program to support high-performing validators and further decentralise the network. More information about the program will be announced. Note that locked tokens may be staked, but their rewards are locked.

The genesis event for HYPE will occur at 07:30 UTC on November 29. Hyperliquid has grown to include the largest decentralised exchange by volume, open interest, and active users. Liquidity rivals the top centralised exchanges. The user experience bridges the seamless trading on CEXs with the self-custodial ideals of a fully onchain DEX. Hyperliquid represents the ethos of crypto and decentralised finance, with the technical innovations needed to bring all finance onchain without sacrifices. While Hyperliquid has come a long way, there is much further to go. Over the past year, the scope of Hyperliquid has expanded from a DEX to a full financial system. 1. At its base, Hyperliquid is a performant, modern L1. Powered by HyperBFT, a highly optimised proof of stake consensus algorithm, disparate nodes can achieve consensus at 200k transactions per second with ~0.2 second time to finality. As the native token, HYPE will be the staked asset securing HyperBFT. 2. The perpetuals and spot DEX are examples of native components built into Hyperliquid. These components are optimised high-throughput financial primitives with which users and smart contracts can interact. For example, HYPE/USDC will be traded on the native spot order book. 3. The HyperEVM will bring full programmability to native components and general-purpose onchain state alike. HYPE will be the gas token of the HyperEVM. 4. The community includes an ever-growing set of passionate and talented builders. Hyperliquid will serve as the infrastructure layer for the next generation of trustless and performant finance built by the community. Unlike other chains, Hyperliquid features onchain monetization for user applications that is built directly into the protocol. As the native asset of the protocol, HYPE will be a crucial building block for defi applications. The HYPE genesis event marks a key milestone in the journey, unlocking core functionality at every level of the stack. For more information, see the blog post:

IMPORTANT NOTICE for users who recently started using the Hyperliquid L1 and those who previously missed out: You can review and accept the Genesis Event Terms & Conditions until 23:59 UTC on November 28. Visit

FINAL REMINDER: The period to accept the Genesis Event Terms & Conditions has been extended for 24 hours to give a final chance to those who forgot.

The period to accept the Genesis Event Terms & Conditions has been extended until November 13 at 04:00 UTC to give one last chance to those who forgot.

Today is the last day to review and accept the Genesis Event Terms. Confirm your participation at

As a reminder, the deadline to review and accept the Genesis Event Terms is November 11 at 23:59 UTC. Note that the set of users eligible to participate in the genesis distribution has been increased to reflect the latest onchain data. Confirm your participation at