Hyper The foundation announced today the official launch of HyperEVM, which is an important milestone for Hyperliquid's financial ecosystem. The key to this upgrade is that it makes Hyperliquid no longer just a trading platform, but a network capable of running **art contracts, allowing developers to build more decentralized applications (DApps) on it.

According to official announcements, HyperEVM The memory block will run directly as part of L1 (first layer main chain) and inherit the security of HyperBFT consensus mechani**. This means that all transactions and applications can ensure the security of assets and data while maintaining high performance. In addition, the official has also launched the WHOPE (Wrapped HYPE) system contract, allowing HYPE tokens to be used more **oothly for DeFi (decentralized finance) applications, expanding the usage scenarios of the entire ecosystem.

In terms of safety, Hyper The foundation has launched a vulnerability bounty program to reward potential security vulnerabilities in HyperEVM, encouraging community developers to actively participate in testing and improvement to ensure system stability and security.

future, Hyper The foundation plans to gradually open up ERC20 tran**er functions and more pre compiled **art contract functions, but these are still in the testing stage and will be adjusted based on user feedback to ensure that they do not affect the trading experience of current L1 users.