HYPERLIQUID'S L1 BEGINS TO FIND ITS FOOTING

Summary from the TLDR Crypto newsletter

HyperEVM, Hyperliquid's EVM-compatible layer 1, has seen consistent growth in transaction volume, TVL (now 10th among L1s), and developer adoption since its February launch. The CoreWriter upgrade, enabling HyperEVM contracts to write directly to HyperCore's perpetuals and order books, is set to unlock integrated DeFi use cases and drive a surge in applications. Native HYPE gas burns and a dual-block, iterative rollout highlight a measured scaling approach that protects HyperCore's performance. With trading, lending, vaults, and staking poised to co-exist natively across both chains, HyperEVM is transitioning from a sidecar into a core pillar of Hyperliquid's unified financial stack.