Hyperliquid is an order book perpetual futures DEX. Hyperliquid runs on its own L1, a purpose-built blockchain using the Tendermint SDK that is performant enough to operate the whole platform –-- every order, cancel, trade, and liquidation happens transparently on chain with block latency < 1 second.

Zellic conducted a security assessment for Hyperliquid from July 10th to July 12th, 2023. During this engagement, Zellic reviewed Hyperliquid's code for security vulnerabilities, design issues, and general weaknesses in security posture.