Hyperliquid‘s unique architecture blending HyperCore‘s lightning-fast execution and HyperEVM‘s smart contract capabilities, the platform is pushing boundaries. A recent milestone that’s generating buzz is the activation of CoreWriter on Hyperliquid.
Launched on mainnet on July 5, 2025, this system contract is set to transform how developers build and interact within the ecosystem. Let’s explore what this means in simple terms.
Understanding CoreWriter on Hyperliquid
CoreWriter on Hyperliquid serves as a bridge for trustless, two-way communication between HyperCore, the core engine delivering sub-millisecond latency and deep liquidity and HyperEVM, the Ethereum-compatible virtual machine for programmable contracts.
Prior to this upgrade, interactions were mostly read-only; smart contracts could pull data from HyperCore, but initiating actions back was cumbersome and often required off-chain elements.
Now, with CoreWriter and supporting read precompiles, builders can submit transactions directly from HyperEVM to HyperCore seamlessly. This eliminates the need for intermediaries, ensuring everything stays on-chain and secure.
Key Benefits of CoreWriter
The introduction of CoreWriter on Hyperliquid brings several advantages:
- Enhanced Composability: Protocols can now integrate HyperCore’s liquidity directly into HyperEVM apps, fostering Lego-like building of complex DeFi products.
- Improved Security and Trustlessness: By keeping operations on-chain, it reduces risks from off-chain multisigs or external oracles.
- Efficiency Gains: Faster executions and lower costs, as actions like liquidations or staking can happen without bridges.
- Scalability for New Use Cases: Opens doors to applications that were previously infeasible, potentially boosting overall network activity.
These benefits position Hyperliquid as a more robust hub for on-chain finance.
Real-World Examples
To illustrate the power of CoreWriter on Hyperliquid, consider these practical applications:
- Liquid Staking Tokens (LSTs): Traditionally, LSTs on other chains rely on off-chain multisigs for staking. With CoreWriter, builders can create fully on-chain LSTs for HYPE, allowing tokenized staking and governance participation, such as voting on HIP-3 assets, all from HyperEVM.
- Borrow-Lend Protocols: These can use read precompiles to fetch real-time prices from HyperCore‘s order books for reliable oracles. If positions falter, CoreWriter enables automatic, trustless liquidations on HyperCore, streamlining risk management.
CoreWriter on Hyperliquid isn’t just a technical enhancement; it’s a catalyst for bringing more traditional finance elements on-chain. Analysts suggest it could drive significant growth, like a potential 300% increase in trading volume by year-end.
For users, this means access to fairer, more efficient tools; for builders, it’s an invitation to innovate without limits.
If you’re eager to stay updated, follow MevX blog for ongoing insights and explore more about Hyperliquid right here on our blog.
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