Hyperliquid decentralized exchange operates on its own custom built blockchain optimized for high throughput and low latency

Quotes that support claims

Hyperliquid is a Layer 1 blockchain built to support on-chain financial applications, using a custom HyperBFT consensus for sub-second block times. Its main application, the Hyperliquid DEX, is a decentralized perpetuals exchange with an on-chain order book.

The Hyperliquid network doesn’t rely on Ethereum, Arbitrum, or any other rollup for its core infrastructure. It runs on a custom-built chain optimized for high throughput, low latency, and real-time trade execution.

Unlike centralized exchanges that shield account identities, Hyperliquid operates on public smart contracts. Every trade is tied to a wallet address visible on-chain. Public wins can be verified—or disproven—through open blockchain records.