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, inheriting all security from HyperBFT consensus. 2. Spot transfers between native spot HYPE and HyperEVM HYPE. As a reminder, HYPE is the native gas token on the HyperEVM. 3. A canonical WHYPE system contract deployed at 0x555...5 for defi applications. The source code can be found at hyperliquid.gitbook.io/hyper… Effective immediately, the bug bounty program will pay mainnet bounty amounts for reports within the scope of the points above. See hyperliquid.gitbook.io/hyper… for details. For API and wallet users: the mainnet HyperEVM has chain ID 999. A JSON-RPC server for the mainnet HyperEVM is hosted at rpc.hyperliquid.xyz/evm. Node operators and other builders are encouraged to host their own RPC servers. Tooling and analytics around mainnet HyperEVM may not be polished on day one. However, there are many talented builders working to solve these developer pain points. To help with these efforts, raw HyperEVM block data is streamed realtime to S3 so that running a node is not required to index the HyperEVM. More technical details can be found here: hyperliquid.gitbook.io/hyper… General ERC20 native transfers and precompiles will be enabled on a future network upgrade. Any ongoing feedback for these features on testnet is greatly appreciated. While these features are implemented on testnet, the mainnet releases are staggered for minimal disruption to existing users on the L1. The HyperEVM is composable with the L1 state while not affecting the low latency trading experience of existing users. Thank you to all the builders and users who have shared feedback on testnet so far. It will be exciting to see new applications leveraging and building upon the existing onchain financial system of Hyperliquid.

Approximately 3 hours ago, a significant shift in staking activity was detected from the top $HYPE-holding wallet (@HyperliquidX team-held tokens). A total of 47,050,000 $HYPE tokens, previously staked with the Hyper Foundation 5 validator, have now been redistributed across 11 different validators. The breakdown of delegated validators and amounts is as follows: 12,000,000 – @HypurrScan 8,500,000 – @nansen_ai x @hypurr_co 7,500,000 – @infinitefieldx 4,000,000 – @imperator_co (@hyperpc_) 2,150,000 – HypurrCorea: @SKYGG_Official x @DeSpreadTeam 2,150,000 – @B__Harvest 2,150,000 – CMI 2,150,000 – @asxn_r 2,150,000 – @xLiquidSpirit x Rekt Gang 2,150,000 – @validaoxyz 2,150,000 – @USDT0_to x @luganodes This reallocation of staking significantly increases validator distribution and strengthens the decentralization of the Hyperliquid network. Will we someday see a future where all staking held by the Hyperliquid team and foundation is fully delegated across a wide array of validators—achieving true decentralization? Hyperliquid

The Hyperliquid blockchain has been upgraded to feature fully onchain validator voting for asset delisting. When a quorum of stake has voted for a delisting, the action automatically triggers onchain. This permissionless stake-based vote weighting primitive is built natively into HyperCore and technically requires no offchain coordination. As a demonstration of the primitive, the Hyper Foundation validators 2-5 will vote to delist MYRO perps around 13:00 UTC on March 29. Hyper Foundation validator 1 will abstain from voting until delegations to initial Delegation Program participants are complete. Like on other chains, most validators will likely make their intended votes clear offchain beforehand to provide users clarity and predictability. The Hyper Foundation does not act or speak on behalf of other validators. There may be interfaces built or provided in the future to summarize validator voting in a more user-friendly way.

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.

Introducing Hypermap: The @HyperliquidX testnet geo-map! Back in July, HyperLiquid opened access for permissionless read-only node deployments on their testnet. And today, two months in, we're already seeing more than 650 nodes running across the world, covering every continent except Antarctica. Explore the map here: validao.xyz/#maps-hyperliqui…