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Symbiosis DAOSymbiosis DAOby0x659104835e56A71B43b219c5DeBDdF88F71166A30x6591…66A3

[SIP-44] Symbiosis x HyperEVM: Expanding DeFi Reach

Voting ended 8 months agoSucceeded

Context

HyperEVM is an EVM-compatible execution layer operating within the Hyperliquid Layer 1 blockchain. It leverages Hyperliquid’s native HyperBFT consensus mechanism, ensuring that all smart contract transactions benefit from the same speed, security, and one-block finality as the rest of the ecosystem. As it shares the same execution environment as HyperCore, HyperEVM can interact natively with on-chain spot and perpetual order books.

Launched in February 2025, HyperEVM introduced general-purpose smart contract support to Hyperliquid, which previously operated primarily as an AppChain for its own DEX.

Hyperliquid currently ranks among the top 20 blockchains by total value locked (TVL).

Proposal

Enable support for HyperEVM within the Symbiosis protocol. The integration includes the following steps:

  • Deploying and tuning Symbiosis contracts on HyperEVM to ensure smooth operation.
  • Adding token for HyperEVM in the Symbiosis AMM DEX on the host chain: uETH.
  • Leveraging existing DEXs on HyperEVM to enable on-chain routing.
  • Activating the Symbiosis Relayers Network to work HyperEVM.

Key Points

  • High TVL reflects active usage and a growing base of assets that benefit from bridging to and from other chains for liquidity and composability.
  • The EVM compatibility ensures straightforward integration into Symbiosis, enabling immediate cross-chain swaps and expanding token liquidity options.

Off-Chain Vote

For
21.77K veSIS100%
Against
0 veSIS0%
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Timeline

May 28, 2025Proposal created
May 28, 2025Proposal vote started
May 29, 2025Proposal vote ended
May 29, 2025Proposal updated