MONK
Hey @vaneck_us does this mean Hyperliquid just magically lost its L3 status with one partnership?...
282 days agoMONKdefi_monk
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Hyperliquid is described by VanEck as a "Hybrid Blockchain" operating as both a Layer-1 (L1) and Layer-3 (L3) solution. Its L1 architecture provides scaling advantages, while its L3 framework offers access to Ethereum's user base and assets. Investors should note its dependence on Arbitrum and Ethereum for state, meaning rollbacks on those chains would affect Hyperliquid transactions.

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