Hyperliquid Exchange Combines Centralized Speed with Decentralized Security

Hyperliquid (HYPE) is a decentralized perpetual exchange built on its own custom Layer 1 blockchain, designed to offer centralized exchange-level speed and liquidity while maintaining full self-custody for traders.

The network uses a Delegated Proof-of-Stake (DPoS) consensus mechanism with a single validator set, ensuring rapid finality and low latency. This design eliminates the congestion and high fees associated with general-purpose blockchains.

Trading perpetual futures on Hyperliquid incurs zero gas fees, with only a maker/taker fee charged (typically 0.01%-0.06%). The platform also supports leverage up to 50x on major pairs like BTC/USDC and ETH/USDC.