HYPE in the Assistance Fund system address of 0xfefefefefefefefefefefefefefefefefefefefe has been formally recognized as burned. The governance vote was based on stake-weighted consensus, with 85% of stake voting for burning, 7% against, and 8% abstaining.
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The Hyper Foundation is proposing a validator vote to formally recognize the Assistance Fund HYPE as burned, removing the tokens permanently from the circulating and total supply. For context, the Assistance Fund converts trading fees to HYPE in a fully automated manner as part…
Hypurr NFTs have been deployed on the HyperEVM. Participants had the opportunity to opt in to receive a Hypurr NFT after the HyperEVM went live as part of the Genesis Event in November 2024. The HyperEVM launched in February 2025 as the general programmability interface to the…
Over the past week, the community engaged with teams’ proposals for the USDH ticker for a Hyperliquid-first, Hyperliquid-aligned, compliant, and natively minted USD stablecoin. While USDH is no more than a reserved ticker at the protocol level, it has come to represent a communi…
The following update is brought to you by The Hyper Foundation. The second round of HYPE claims will begin at 07:30 UTC on May 31st. Please be advised that the allocations for this distribution round are strictly based on Season 2 Points, with Season 3 points to be announced a…
The following post is from The Hyper Foundation The Hypurr NFT Genesis Collection on the HyperEVM chain has been deployed. The minting event is now live and will continue for 48 hours, concluding on May 26th at 11:59 AM UTC. This collection comprises 5,000 distinct NFTs, each…
The validator set has been updated to 21 permissionless nodes. Anyone can register a validator, and the 21 largest by stake form the active set. Delegations from the Delegation Program are expected to go live in the coming days. Technical details for validators: Validators are…
The mainnet validator set will become fully permissionless after the next network upgrade. Like on testnet, the top N validators by stake will form the active set. Initially, N will be set to 20 and will increase over time. In addition, the Delegation Program is live. The Deleg…
The HyperEVM is live. This is a major step toward the vision of housing all finance by bringing general-purpose programmability to Hyperliquid’s performant financial system. The initial mainnet release of the HyperEVM includes: 1. HyperEVM blocks built as part of L1 execution,…
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 t…
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…
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 https://hyperfoundation.org/genesis
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. https://hyperfoundation.org/genesis
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. https://hyperfoundation.org/genesis
Today is the last day to review and accept the Genesis Event Terms. Confirm your participation at http://hyperfoundation.org/genesis.
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 http://hyper…
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…