According to BlockBeats, on October 14, Hyperliquid announced the establishment of the Hyper Foundation to support the development of the Hyperliquid blockchain and ecosystem.

Officials said that the flagship application on Hyperliquid is the premier decentralized trading platform, and the order book provides the deepest and most powerful on-chain liquidity for a variety of assets.

With the launch of HyperEVM, applications built on Hyperliquid will be able to access this deep liquidity and other native financial primitives, enabling efficient, liquid, and accessible finance.

The next step in Hyperliquid's journey is the native token HYPE. The native token is critical to the further development of the HyperBFT Proof-of-Stake consensus, HyperEVM, and the roadmap. Eligible users can choose to receive HYPE and an optional Hypurr NFT to commemorate the upcoming launch of HyperEVM on the mainnet.