The HyperEVM is now live, marking an important milestone for Hyperliquid’s vision of integrating all finance through advanced programmability. The mainnet introduction features various essential components for users. The announcement came through the X account of Hyper Foundation.
Hyperliquid Launches Bug Bounty for Mainnet HyperEVM Components
Any blocks generated through the HyperEVM protocol operate under L1 because they receive their security directly from HyperBFT agreement mechanisms. The security together with efficiency of the system is maintained. Users can now efficiently move funds between HyperEVM HYPE and the native spot HYPE using HYPE as the network’s gas token.
The bug bounty program launched by Hyperliquid provides financial compensation for valid reports regarding its new mainnet system components. The team members actively work to fix unresolved tool and analytics issues despite the fact that these features are still not fully operational on the first mainnet launch date. The HyperEVM block data gets collected by S3 in its raw form without the need for developers to operate an independent node for indexing.
HyperEVM Mainnet Launched in Phases to Minimize Disruption
The network upgrade will unlock general ERC20 native transfers and precompiles for use in the future. The platform enables ongoing testing of new features on its testnet to gather necessary feedback for complete deployment success. The mainnet features are being distributed step-by-step as a method to avoid disturbances to the current L1 network users. Users will experience no delays in trading speed because the new HyperEVM maintains complete compatibility with L1 state data.
At the end of the testnet phase, Hyperliquid extends its appreciation to all contributors including builders and users who shared their feedback. The development of the HyperEVM will create new applications. This will enhance the already-established financial offerings on the Hyperliquid platform.
