Hyperliquid Launches HyperEVM & $1M Bug Bounty: A Game Changer for DeFi?

Feb 18, 2025 02:00 pm Cryptocurrency 50

Key Takeaways:

Hyperliquid introduces HyperEVM, an Ethereum Virtual Machine, directly secured by the layer-1 blockchain.

A bug bounty program with rewards up to $1 million aims to bolster the security and stability of HyperEVM.

The integration of HyperEVM with Hyperliquid’s native components seeks to offer deep liquidity and low transaction fees.

Hyperliquid is entering the DeFi space with HyperEVM, a general-purpose Ethereum Virtual Machine (EVM) natively built into its layer-1 blockchain. To ensure security of this project, the company has recently announced a bug bounty program, which provides up to $1 million for the detection of security vulnerabilities. This is a strategic move aimed at fostering trust and innovation within their ecosystem.

This move positions Hyperliquid as a central player in ..

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