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In this blog you are going to get info on Hyperliquid & Uniswap Crypto that how much stable and secure these investments or assets can be.
Let’s begin with Hyperliquid
1) Hyperliquid :
Hyperliquid is a decentralized trading platform built on its own Layer-1 blockchain. It aims to combine the efficiency of centralized exchanges with the security and transparency of decentralized finance (DeFi). The platform specializes in perpetual futures trading and offers high-speed transactions with low fees.
Founders and Team
Hyperliquid was founded by Jeff Yan and Iliensinc, both of whom were classmates at Harvard. The team includes experts from prestigious institutions like Caltech, MIT, Citadel, and Hudson River Trading. Unlike many blockchain projects, Hyperliquid has remained self-funded, choosing not to take venture capital funding to maintain independence.
Key Features
- Layer-1 Blockchain: Built specifically for trading, allowing ultra-fast transactions and low latency.
- No KYC Requirement: Users can trade without going through identity verification.
- High-Speed Order Execution: The platform can process up to 200,000 transactions per second.
- Cross-Chain Deposits: Supports over 30 blockchains, including Ethereum, Solana, and Base.
- Fully On-Chain Order Book: Provides a trading experience similar to centralized exchanges but with full transparency.
HYPE Token
The native token, HYPE, is used for governance, staking, and trading incentives. In November 2024, Hyperliquid conducted an airdrop, distributing the token to over 90,000 users.
Why It’s Unique
Hyperliquid differentiates itself from traditional exchanges by ensuring complete decentralization while maintaining the speed and efficiency of centralized platforms. With a growing user base and increasing daily trading volume, it is positioning itself as a serious competitor in the DeFi space.
What makes Hyperliquid more Stable and a Unique Investment Asset :
Hyperliquid is actively expanding its ecosystem with several new projects and initiatives:
Transition to General-Purpose Layer 1
Originally a specialized appchain, Hyperliquid is evolving into a general-purpose Layer 1 blockchain. This transition is marked by the development of HyperEVM, an Ethereum-compatible environment designed to attract a diverse range of decentralized applications (dApps). Over 35 teams have expressed interest in building on this new platform, aiming to enrich the DeFi landscape with various services.
Notable Upcoming Projects
- Felix Protocol: A project set to join the Hyperliquid ecosystem, contributing to its expanding suite of DeFi solutions. beincrypto.com
- HyperLend: Another anticipated addition, HyperLend aims to enhance the lending services within Hyperliquid’s DeFi offerings. beincrypto.com
- Sovrun: As one of the first gaming projects to list on Hyperliquid, Sovrun is building an ecosystem where gaming communities can collaboratively create, govern, and evolve their digital experiences. This initiative broadens the possibilities of creator-driven economies within the gaming sector. markets.businessinsider.com
Community Initiatives
The HypurrCollective is a community-driven initiative comprising founders, builders, traders, and power users dedicated to contributing to Hyperliquid’s ecosystem growth. This collective fosters creativity and innovation, providing support for new projects and offering early access to features within the Hyperliquid ecosystem.
These developments underscore Hyperliquid’s commitment to fostering a diverse and robust ecosystem, positioning it as a significant player in the decentralized finance and blockchain space.
2) Uniswap :
Uniswap is a decentralized cryptocurrency exchange (DEX) built on the Ethereum blockchain. It allows users to trade ERC-20 tokens without relying on a central authority.
Who Invented Uniswap?
Uniswap was created by Hayden Adams in 2018. Adams was inspired by Ethereum co-founder Vitalik Buterin, who had proposed the idea of an automated market maker (AMM) in 2016. Adams developed Uniswap with support from the Ethereum Foundation and other contributors.
Key Details About Uniswap
- Launch Year: 2018
- Blockchain: Ethereum (ERC-20)
- Technology: Automated Market Maker (AMM)
- Native Token: UNI (Launched in 2020)
- Liquidity Pools: Users provide liquidity to earn a share of trading fees.
- Decentralization: No order book; trades are executed through liquidity pools.
- Version Updates:
- Uniswap V1 (2018): Basic AMM model
- Uniswap V2 (2020): Added ERC-20 to ERC-20 swaps, flash swaps, and price oracles
- Uniswap V3 (2021): Introduced concentrated liquidity and multiple fee tiers
Why Uniswap is Popular
- No KYC (Know Your Customer) requirements
- Permissionless trading
- Lower fees compared to centralized exchanges
- Passive income opportunities through liquidity providing
What makes Uniswap a stronger Asset :
The support of various companies determines the stability and strength of the Uniswap crypto currency.
Uniswap has received support from several major companies, venture capital firms, and institutions that back its development and ecosystem. Some of the key supporters include:
1. Andreessen Horowitz (a16z)
- One of the biggest investors in Uniswap.
- Led multiple funding rounds, including a $11M Series A in 2020.
- Supports decentralized finance (DeFi) projects heavily.
2. Paradigm
- A crypto-focused investment firm co-founded by Fred Ehrsam (Coinbase co-founder).
- Participated in Uniswap’s funding rounds.
- Focuses on DeFi infrastructure and innovation.
3. Union Square Ventures (USV)
- Well-known venture capital firm supporting blockchain projects.
- Invested in Uniswap during early funding rounds.
4. Polychain Capital
- One of the largest crypto investment firms.
- Invested in Uniswap and other DeFi protocols.
5. Ethereum Foundation
- Provided early grants to Hayden Adams to develop Uniswap.
- Continues to support Ethereum-based DeFi projects.
6. Other Institutional & Community Support
- Variant Fund (Invests in open financial systems)
- Alameda Research (Previously involved in crypto market-making)
- DeFi Community & Liquidity Providers (Retail and institutional investors who use Uniswap)
New Developments with Uniswap :
Uniswap, a leading decentralized exchange (DEX) on the Ethereum blockchain, continues to evolve with new projects and developments. Here’s an overview of recent initiatives:
Uniswap v4 Development
Uniswap is actively working on its fourth version, known as Uniswap v4. This upgrade aims to enhance transaction efficiency, provide developers with customizable features through “Hooks,” and offer improved tools for on-chain integration. The v4 rollout is expected to make transactions quicker and allow developers to add new components, enhancing the overall user experience.
Unichain: Uniswap’s Layer-2 Network
In a significant move to improve scalability and reduce transaction costs, Uniswap Labs has unveiled Unichain, a Layer-2 network built using Optimism’s OP Stack technology. Unichain will become part of the “Superchain,” a federation of Optimism-affiliated networks, aiming to enhance transaction speed and cost-efficiency for users.
Notable New Token Listings
Uniswap continues to be a platform for innovative token launches. Here are some notable recent listings:
- PEIPEI: A project that blends the famous Pepe meme with facets of Asian culture, offering a fresh perspective on the well-known frog meme. coingape.com
- EverGrow (EGC): A deflationary token on the Binance Smart Chain that rewards holders in BUSD and is expanding into areas like NFTs and decentralized exchanges. coingape.com
- Hoppy: Inspired by Matt Furie’s comic book, this project combines uniqueness and humor, aiming to build a vibrant community with transparency and security. coingape.com
These developments and listings highlight Uniswap’s ongoing commitment to innovation and its role as a central hub in the decentralized finance ecosystem.
Final Thoughts on Hyperliquid & Uniswap Crypto :
Here’s a comparison table of Polkadot (DOT), Uniswap (UNI), Ethereum (ETH), Bitcoin (BTC), and Hyperliquidbased on key factors:
Feature | Polkadot (DOT) | Uniswap (UNI) | Ethereum (ETH) | Bitcoin (BTC) | Hyperliquid |
---|---|---|---|---|---|
Type | Blockchain Protocol | DEX (Decentralized Exchange) | Smart Contract Platform | Cryptocurrency | Perpetual DEX |
Founded By | Gavin Wood (2017) | Hayden Adams (2018) | Vitalik Buterin (2015) | Satoshi Nakamoto (2009) | – (Decentralized team) |
Blockchain | Polkadot Network | Ethereum (Layer 1) | Ethereum | Bitcoin | Custom Layer-1 |
Consensus Mechanism | Nominated Proof-of-Stake (NPoS) | Uses Ethereum’s PoS | Proof-of-Stake (PoS) | Proof-of-Work (PoW) | Custom (Optimized for trading) |
Main Use Case | Cross-chain interoperability | Decentralized token trading | Smart contracts, dApps | Digital Gold, Payment | Perpetual trading |
Native Token | DOT | UNI | ETH | BTC | Not publicly listed |
Governance Model | Decentralized Governance | UNI token holders vote | ETH holders & developers | Miners & Bitcoin Core | DAO-based governance |
Scalability | High (Parachains) | Depends on Ethereum | Moderate (Layer 2 needed) | Low | High-speed transactions |
Transaction Speed | Fast (~1,000 TPS) | Varies (Ethereum-based) | 30 TPS (Mainnet) | 7 TPS | Ultra-fast for trading |
Transaction Cost | Low | Varies (Ethereum gas fees) | High (Gas fees) | Low-Medium | Low |
Smart Contract Support | Yes | Yes (DEX-focused) | Yes | No | Limited to trading |
Security | High | High | High | Highest (PoW security) | Strong (Custom Layer-1) |
DeFi & dApps | Supports cross-chain DeFi | Leading DEX | Largest dApp ecosystem | No smart contracts | Perpetual futures trading |
Adoption Level | Growing | High in DeFi | High (2nd most used crypto) | Highest (Most recognized crypto) | Emerging |
Future Potential | Strong (Web3, multi-chain) | Strong (Uniswap v4, L2 expansion) | Strong (Ethereum 2.0, rollups) | Store of Value & institutional adoption | Promising (perpetual trading growth) |
Ratings (Out of 5):
- Uniswap (UNI): 4.5/5
- Rationale: Uniswap is a leading decentralized exchange (DEX) on the Ethereum blockchain, known for its significant role in the DeFi ecosystem. It offers users the ability to trade ERC-20 tokens without intermediaries, contributing to its high rating.
- Hyperliquid (HYPE): 3.5/5
- Rationale: Hyperliquid is an emerging platform focusing on perpetual trading. While it has shown promising growth and innovation in the decentralized trading space, it is relatively new compared to established platforms like Uniswap. Its rating reflects its potential balanced with its nascent stage.
Note: These ratings are subjective assessments based on current market performance, technological innovation, and overall impact on the cryptocurrency ecosystem.
Here are the current prices without charts:
- Uniswap (UNI): $11.35
- Hyperliquid (HYPE): $26.75
These prices are as of today, February 1, 2025.
Happy Crypto &
Happy Investing