Major Ethereum DeFi protocols are preparing to deploy on HyperEVM, the EVM-compatible smart contract platform developed by the crypto derivatives exchange Hyperliquid. The move is driven by HyperEVM's unique architecture, which allows smart contracts to interact directly with Hyperliquid's central limit order book, providing access to deep liquidity without the need for external bridges or oracles.

The timing of this expansion is strategic. According to on-chain commentary, a key reason for the delay was to avoid competing with the points programs and token generation events (TGEs) of native Hyperliquid ecosystem projects. With those launch cycles concluding, the path is now clear for established DeFi players to enter the ecosystem.

This development signals a growing trend of blending DeFi's composability with the deep liquidity of centralized platforms. The involvement of curators from Morpho, a major Ethereum lending protocol, underscores the seriousness of this interest. By deploying on HyperEVM, DeFi applications can tap into a high-performance trading environment, potentially creating more efficient and capital-rich products.