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What is Hyperliquid?

The cryptocurrency landscape today is fragmented, yet there exists a promising solution to bring it together. For the first time, developers are empowered to create projects, generate value, and exchange assets seamlessly on a single, high-performance blockchain. Central to the Hyperliquid Layer-1 is the HyperBFT consensus mechanism, which facilitates a variety of nodes in achieving a consensus on the overall system state. This state encompasses all software applications, whether they are integral components or part of the HyperEVM framework. The Hyper Foundation, established to promote the development of the Hyperliquid blockchain and its ecosystem, has announced plans for the initial distribution of its native token, HYPE. This initiative marks a significant step toward the implementation of proof-of-stake consensus and the launch of HyperEVM on the mainnet of the layer-1 blockchain. Among its key offerings, Hyperliquid features a decentralized trading platform that provides substantial on-chain liquidity for various asset classes. With the rollout of HyperEVM, applications built on Hyperliquid will capitalize on this extensive liquidity pool, thereby enhancing their overall functionality and user experience. These advancements not only illustrate the capabilities of the Hyperliquid platform but also signal a promising future for a more integrated and effective cryptocurrency ecosystem, as developers and users alike benefit from the enhanced resources available.

What is Decentralized Social (DESO)?

DeSo is an innovative layer-1 blockchain specifically crafted to foster the development of decentralized social applications, aspiring to connect with a billion users. Social media platforms generate enormous volumes of data, yet existing blockchain technologies often fail to effectively manage and organize this information. By focusing on a significantly untapped area within the blockchain realm—Social Media—DeSo has been thoughtfully designed to meet this critical need. All elements, including code and data, are fully open-source, ensuring that every piece of content is directly stored on-chain. So, what makes DeSo a preferred choice? The answer lies in its unparalleled scalability. It is the only blockchain uniquely designed to facilitate the growth of decentralized social platforms. Additionally, the DeSo blockchain incorporates its own native cryptocurrency, $DESO, which serves multiple purposes such as purchasing social tokens, acquiring NFTs, creating profiles and posts, and even rewarding users with "diamonds." This multifaceted functionality enhances the overall attractiveness of DeSo, establishing it as a holistic platform for social engagement on the blockchain. In a world increasingly driven by digital interaction, DeSo stands ready to redefine how we connect and share.

Media

Media

Integrations Supported

Alchemy
AlgoWay
Alphio
Altrady
Arbitrum
Arrow Algo
Blitz Trading
ChartScout
Coinrule
CryptoTax360°
Finestel
MetaMask
QuantPilot
Tealstreet
TradeStaq
WizzCrypto
WunderTrading

Integrations Supported

BitClout
Diamond
PayBitoPro

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Not specified

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Hyperliquid

Date Founded

2024

Company Location

United States

Company Website

hyperfoundation.org

Company Facts

Organization Name

DeSo Foundation

Date Founded

2021

Company Website

www.deso.org

Categories and Features

Categories and Features

Blockchain

Not specified

Layer 1 Protocols

Not specified

Social Networking

Not specified

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