Introduction to Hyperliquid L1
Discover the unique architecture of the Hyperliquid L1—a purpose-built blockchain designed to bring CEX-level performance to the decentralized world.
Why an App-Specific L1?
Most DeFi protocols are built on general-purpose blockchains like Ethereum. While flexible, these chains often suffer from congestion and high fees during peak trading hours.
The Hyperliquid Approach
Speed and Throughput
Speed is the lifeblood of trading. The Hyperliquid L1 implements a custom consensus protocol capable of processing thousands of orders per second with sub-second finality.
- Sub-Second Latency: Trades are confirmed almost instantly, rivaling the speed of centralized exchanges.
- High Throughput: The chain handles massive volume without spiking gas costs for users.
- Transparent Orderbook: Unlike many DEXs, the orderbook is fully on-chain and verifiable.
The Ecosystem Vision
The Hyperliquid L1 isn't just a place to trade; it is a foundation for a new financial ecosystem. It enables features that were previously impossible on-chain:
Native Vaults
Permissionless copy-trading and market-making strategies built into the protocol level.
On-Chain HYPE
A native gas and governance token that aligns the interests of all participants.
Dexly and Hyperliquid
Dexly acts as the premium gateway to the Hyperliquid L1. We provide the most advanced interface to interact with the blockchain, ensuring that both retail and pro traders can access the L1 power without complexity.
Best of Both Worlds
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Risk Warning: Trading perpetual futures involves significant risk of loss. Only trade with capital you can afford to lose. Dexly is a non-custodial interface; you are responsible for your own funds and trading decisions.