Hyperliquid EVM, a general-purpose Ethereum Virtual Machine (EVM) embedded within the blockchain state, is currently in its testnet phase. While still a work in progress, users can manually add Hyperliquid to MetaMask to explore its developing ecosystem. In this guide, we’ll break down what HyperEVM is and walk you through the steps to add it to MetaMask, giving you an early glimpse into its potential.
Does MetaMask support HyperEVM?
MetaMask supports HyperEVM because it is an EVM-compatible wallet. Since the HyperEVM testnet is EVM-compatible, you can easily add the network using the network details.
About Hyperliquid EVM
The Hyperliquid EVM is part of Hyperliquid’s blockchain, serving as a general-purpose Ethereum Virtual Machine (EVM). It enables developers and users to run decentralized applications (dApps) and smart contracts, similar to the Ethereum network. However, rather than being a standalone blockchain, the HyperEVM is integrated into the Hyperliquid Layer 1 (L1) blockchain, benefiting from the same security and features.
This integration allows assets on the EVM, such as ERC20 tokens, to directly interact with Hyperliquid’s native components, like the spot and perpetual order books. For example, users can trade tokens on the EVM and seamlessly use them within the Hyperliquid ecosystem, with minimal fees and access to deep liquidity.
Currently, the HyperEVM is available only on Testnet and is still under active development. It’s considered a “work in progress”, and certain features are still being developed. Users can explore the Testnet, interact with it via MetaMask, and get a first look at the features of Hyperliquid.
Hyperliquid EVM Testnet Network Details
Just like adding any other network to MetaMask, you’ll need the network details for the HyperEVM network. Below are the network details for HyperEVM, taken directly from their official website:
Network Name: Hyperliquid Testnet
RPC URL: https://api.hyperliquid-testnet.xyz/evm
Chain ID: 998
Currency Symbol: HYPE
How to Add Hyperliquid EVM to MetaMask
We will be following the manual method to add Hyperliquid to MetaMask. In this method, we will simply copy and paste the network details into the MetaMask fields. Let’s go through the steps:
Step 1: Launch the MetaMask extension in your browser or open the MetaMask app on your mobile device.
Step 2: On the MetaMask extension, go to the “Networks” section to view your available network options.
Step 3: In the Networks menu, click on the “Add a custom network” option to add Hyperliquid to MetaMask.
Step 4: With the latest update, you can now edit the network details directly within the MetaMask extension. Enter the following details:
- Network Name: Hyperliquid Testnet
- RPC URL: https://api.hyperliquid-testnet.xyz/evm
- Chain ID: 998
- Currency Symbol: HYPE
Step 5: Once you’ve entered the network details, simply click the “Save” button.
Step 6: You will now have the HyperEVM testnet added to your MetaMask, and you can send, receive, or use any application to perform transactions in the testnet environment.
Step 7: Alternatively, you can click on the “Add to MetaMask” button to directly add the Hyperliquid EVM testnet to MetaMask.
Exploring Hyperliquid Testnet via MetaMask
With the HyperEVM testnet now added to MetaMask, you can explore the network and interact with the ecosystem. Although the testnet is primarily for development, it allows users to engage with dApps like Hypurr Fun, PVP.trade, and HyBridge, designed to enhance the Hyperliquid ecosystem. These dApps offer features like token issuance, trading bots, and cross-chain bridging. Once the mainnet is live, the network will be fully supported by the $HYPE token, which you can currently purchase directly on the Hyperliquid platform.
Bottomline
Hyperliquid is shaping up to be a promising DeFi Layer 1 blockchain.With its EVM compatibility, Hyperliquid can leverage the well-established Ethereum ecosystem, allowing it to benefit from existing developer tools, libraries, and resources. Its high throughput and zero gas fees, integrated with the Hyperliquid platform, position it as a strong contender in the decentralized trading space. This combination of scalability and cost-efficiency is a promising feature for the future of decentralized trading experience.
FAQs
1. What is the difference between Hyperliquid Testnet and Mainnet?
The Hyperliquid Testnet is a development environment where users can test features without real assets or risks. The Mainnet, once live, will be the fully functional blockchain for real-world transactions and applications.
2. Can I use real assets on the Hyperliquid Testnet?
No, the Testnet uses test tokens that hold no real-world value. These tokens are for experimenting with the network’s features before the Mainnet launch.
3. What does EVM compatibility mean for Hyperliquid?
EVM compatibility means developers can deploy Ethereum-based dApps and smart contracts directly on Hyperliquid using familiar tools like Solidity, making the transition seamless.
4. Do I need a new wallet to interact with Hyperliquid?
No, you can use your existing MetaMask wallet by adding Hyperliquid Testnet as a custom network. There’s no need to set up a new wallet.
5. When will the Hyperliquid Mainnet launch?
The exact launch date for the Mainnet has not been announced yet. It’s best to stay updated through Hyperliquid’s official channels for the latest information.