The significance of the launch of HyperEVM mainnet is significant | Hyperliquid is transforming from a single functional platform to a comprehensive financial infrastructure. The HyperEVM block, as a part of L1 execution, inherits all the security features of the HyperBFT consensus; Perform spot transfer between native spot HYPE and HyperEVM HYPE; By introducing the programmability of EVM, Hyperliquid's technological capabilities, asset liquidity, and ecological appeal have been enhanced, while maintaining its core advantages of high performance and security. 1) Introduce universal programmability and expand functional boundaries; The launch of HyperEVM introduces the universal programmability of the Ethereum Virtual Machine (EVM) into the high-performance financial system of Hyperliquid. Previously, Hyperliquid was mainly known for its decentralized order book peer-to-peer trading platform, focusing on efficient and low latency trading experiences. Through HyperEVM, developers can now build and deploy smart contracts on Hyperliquid's Layer 1 blockchain, supporting more complex decentralized applications (dApps). This means that Hyperliquid has transformed from a platform focused on trading to a more comprehensive financial ecosystem capable of hosting diverse DeFi applications such as lending, derivatives, automated market makers, and more. 2) Seamless integration with existing L1 systems to enhance ecological synergy; The HyperEVM block is constructed as part of Layer 1 (L1) execution and inherits the security of the HyperBFT consensus mechanism. This design ensures seamless integration between HyperEVM and Hyperliquid's existing high-performance trading infrastructure, such as order books and spot markets. Compared to other standalone EVM sidechains or Layer 2 solutions, HyperEVM's native integration allows smart contracts to directly access L1's liquidity and financial primitives, such as deep order book data or real-time asset status. This' composability 'reduces the threshold for developing complex applications while retaining the low latency and high throughput advantages of Hyperliquid. 3) Enhance asset liquidity and interoperability; HyperEVM supports spot transfer between native HYPE (Hyperliquid's native token) and HyperEVM HYPE. This feature not only enables smooth flow of assets between L1 and EVM environments, but also provides greater flexibility for users and developers. For example, users can use HYPE to pay for gas bills on HyperEVM, or directly use these assets in DeFi applications. In addition, the introduction of standardized WHYPE system contracts provides developers with a standardized tool to further support the development and deployment of DeFi applications. This asset interoperability helps attract more users and projects to join the Hyperliquid ecosystem. 4) Consolidate the competitiveness of Hyperliquid in the DeFi field; Hyperliquid is already the world's largest decentralized peer-to-peer trading platform with a daily trading volume exceeding $1 billion and over 200000 users. The launch of HyperEVM further enhances its market position, enabling it to compete with other Layer 1 blockchains that support smart contracts such as Ethereum and Solana. By combining its existing high-performance trading advantages with the added EVM programmability, Hyperliquid is expected to attract more developers, institutions, and retail users, driving the growth of the ecosystem and enhancing the value of the token HYPE. 5) Towards the vision of 'accommodating all finance'; The long-term goal of Hyperliquid is to create a decentralized platform that can 'accommodate all finance'. The mainnet launch of HyperEVM is a crucial step towards achieving this vision. It not only expands the platform's technological capabilities, but also lays the foundation for future development, such as supporting more types of financial products (such as spot trading, leveraged instruments, etc.) and achieving broader decentralized financial innovation. Hyperliquid is transitioning from a single functional platform to a comprehensive financial infrastructure.