Definition ∞ The Hyperliquid Ecosystem refers to the network of applications, services, and users operating on or interacting with the Hyperliquid blockchain platform. This ecosystem typically centers around Hyperliquid’s core offerings, such as its decentralized exchange or derivatives trading functionalities. It encompasses the various tools, smart contracts, and community activities that contribute to its overall utility and growth. The system supports high-performance trading operations.
Context ∞ News about the Hyperliquid Ecosystem often highlights its trading volumes, new feature releases, or partnerships within the DeFi space. Analysts monitor its user activity and liquidity metrics as indicators of platform adoption and market relevance. Developments within this ecosystem reflect ongoing advancements in decentralized derivatives trading.