Builder Guide
HyperFoundation is on a mission to make Hyperliquid the “Amazon Web Services of liquidity”—a neutral backend that empowers anyone to build innovative financial applications without worrying about the heavy lifting. By offering robust, plug-and-play infrastructure, Hyperliquid lets you focus on creating value and delivering top-notch products.
A World of Possibilities
The current flagship application on Hyperliquid is the DEX developed by Hyperliquid Labs, but that’s only one example of what’s possible. Whether you’re envisioning new trading tools, risk management platforms, or entirely novel financial products, Hyperliquid’s infrastructure is yours to explore. This is the essence of Open Finance: building, iterating, and launching whatever you can imagine—free from the usual constraints of traditional finance or single-purpose blockchains.
Three Core Components of Hyperliquid
HyperCore Perp & Spot:
These are the foundational markets of Hyperliquid, accessible via API endpoints.
Instead of interacting directly with the RPC, users interact with permissionless API servers, which relay requests to the network’s consensus RPC. This design ensures better load balancing, DDoS protection, and a familiar experience, similar to cex.
HyperEVM:
A standard EVM environment with added features that grant access to L1 primitives.
Development feels familiar (e.g., using RPC calls and typical EVM tooling), but you also benefit from enhanced functionalities unique to Hyperliquid.
Node Operators:
Anyone can run a node and participate in network consensus, helping secure the network.
This open participation model underpins the decentralization of Hyperliquid and ensures its long-term resilience.
Why Build on HyperLiquid?
HyperLiquid offers a unique opportunity for developers by combining two execution environments under the same consensus algorithm:
HyperLiquid's Rust VM – This onchain exchange powers Perps, Spot, and Vaults, providing unmatched liquidity and performance.
HyperEVM – Designed for building all types of decentralized applications (Dapps). It benefits from HyperLiquid's existing liquidity, user base, and distribution, making it an ideal environment for teams to launch their projects.
Top Opportunities for Builders
HyperLiquid’s community and ecosystem create specific advantages for various DeFi and governance applications:
Liquid Staking – HyperLiquid's PoS chain needs a token for validation. A liquid staking service for its loyal user base could become the fastest-growing protocol.
Perps Traders and Market Makers – Leverage HyperLiquid’s liquidity for options AMMs, prediction markets, and cross-collateral margin solutions.
HLP Holders – The TVL in HLP vaults offers opportunities for tokenization, secondary liquidity, and yield trading. Build leverage vaults or complex DeFi strategies tailored to HLP users.
Spot Traders – With the spot ecosystem growing, new tools such as spot leverage and governance/vesting solutions will enhance user experience and market efficiency.
For a detailed breakdown of opportunities and ecosystem insights, check out the original thread by @0xKrishb.
With the resources in this Builder Guide, you’ll have everything you need to create, innovate, and deploy your own applications on Hyperliquid.
Ready to dive in? Let’s get started!
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