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Glossary

HyperEVM

An Ethereum-compatible execution environment on the same chain as HyperCore, where the lending, staking and structured-product ecosystem lives.

Checked against the Hyperliquid documentation 8 Sept 2026 · how we check

Related terms

  • HyperCore Hyperliquid's exchange state machine: the order books, margin engine, liquidation logic and oracle prices. Trades here pay no gas because they are not EVM transactions.
  • HYPE The native token of the Hyperliquid chain. It pays gas on HyperEVM, can be staked for rewards and a trading fee discount, and carries governance weight.

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