hypercreate

Product Overview :

HyperCreate transforms how traders interact in the Hyperliquid ecosystem by giving them a unique, human-readable identity, a reputation score, and a social platform to connect. Built natively on HyperEVM, HyperCreate assigns every trader a custom .hl name (like “Alice.hl”) that’s minted as an ERC-721 NFT, integrates with Privy for seamless wallet authentication, and lays the foundation for reputation and social features. It’s designed to make Hyperliquid’s DeFi ecosystem known for its high-speed perpetual trading more personal, trustworthy, and community-driven.

The Problem

In DeFi, traders are often just anonymous wallet addresses (e.g., “0x1234”), making it hard to build trust, prove credibility, or connect with others. Current platforms lack a unified identity system, verifiable reputation tracking, or tools for traders to network and collaborate. Sharing trading achievements or finding reliable partners involves clunky workarounds like screenshots or Discord chats, creating friction and limiting community engagement.

Our HyperEVM Solution

HyperCreate leverages HyperEVM’s high-performance architecture to deliver a seamless identity, reputation, and social layer for Hyperliquid traders:  Native Identity Integration: Using HL Names from hlnames.xyz, HyperCreate assigns .hl names tied to wallets via Privy’s authentication, minted as ERC-721 NFTs on HyperEVM. These names integrate directly with HyperCore’s trading infrastructure.  Reputation System: Smart contracts on HyperEVM track trading activity (e.g., order fills, volume) to assign transparent, on-chain reputation scores, fostering trust for trading, lending, or governance.  Social Networking Hub: A social layer lets traders follow, message, and form groups using their .hl names, turning Hyperliquid into a vibrant community hub.  API for dApps: A future API will let Hyperliquid dApps integrate .hl names and reputation scores, enhancing trust and usability across the ecosystem.

Key Features  

1. Identity Creation: Claim a unique .hl name (e.g., “TraderJoe.hl”) via HL Names’ system.  Mint your name as an ERC-721 NFT on HyperEVM, usable across Hyperliquid dApps.  Secure wallet linking with Privy’s social login for easy onboarding.  On-chain verification ensures your identity is authentic and tied to your trading history.
2. Reputation Tracking:  Smart contracts analyze your Hyperliquid trading activity (e.g., volume, successful trades) to generate a reputation score.  Scores are stored on-chain, visible to others for trust in lending, trading, or DAO voting.  Leaderboards showcase top traders based on reputation.  Configurable settings let traders highlight specific achievements (e.g., market-making success).
3. Social Networking:  A feed to follow traders, view their .hl profiles, and see their reputation scores.  Direct messaging and group creation for sharing strategies or collaborating.  Algorithm-driven recommendations to discover traders with similar interests or strong performance.  Community features like trading challenges or discussion hubs, all tied to .hl names.
4. API Integration (Post-Hackathon):  A developer API to integrate .hl names and reputation scores into Hyperliquid dApps.  Enables apps like lending platforms or marketplaces to verify user identities and trustworthiness.  Supports cross-dApp portability, making .hl names a universal DeFi passport.

HyperEVM Technical Advantages  

• Native Liquidity Access: HyperCreate’s smart contracts on HyperEVM directly interact with HyperCore’s order books to track trading data for reputation scores, eliminating external APIs or oracles.  
• Dual Block Performance: HyperEVM’s fast, small blocks ensure responsive social interactions, while slower, larger blocks handle high-volume data like reputation calculations, balancing speed and throughput. 
• Seamless Integration: Existing Hyperliquid users access HyperCreate instantly without bridges, leveraging HyperEVM’s unified state with HyperCore for a smooth experience.
• EVM Compatibility: Built with Solidity and standard EVM tools, HyperCreate offers developers familiar workflows while tapping Hyperliquid’s deep liquidity and high-speed HyperBFT consensus (up to 200,000 orders/second).  

User Journey

• Traders: Claim a .hl name → Link wallet via Privy → Mint name as an NFT → Build reputation through trading → Connect with others in the social hub → Earn visibility in leaderboards or dApps.  
• dApp Developers: Integrate HyperCreate’s API (post-hackathon) → Pull .hl names and reputation scores → Enhance app trust (e.g., verify lenders) → Attract users with seamless identity features.  
• Community Members: Browse trader profiles → Follow or message using .hl names → Join groups for trading tips → Use reputation scores to find reliable partners.

Technical Stack  

• Blockchain: HyperEVM smart contracts using Solidity and Hardhat for .hl name minting, reputation tracking, and social features.  
• Frontend: Next.js web interface for profile creation and social hub.  
• Wallet: Privy Account Abstraction with social login for gasless, user-friendly onboarding.  
• Identity: HL Names API (hlnames.xyz) for .hl name assignment and ERC-721 NFT minting.  
• Trading Data: Direct HyperCore integration via HyperEVM’s built-in functions to track trading activity for reputation.

Innovation Impact

HyperCreate redefines DeFi by making Hyperliquid’s ecosystem more human and connected. By combining unique .hl names, on-chain reputation, and a social layer, it eliminates anonymity and builds trust in a way traditional DeFi platforms can’t. Traders gain a recognizable identity, provable credibility, and tools to network, while developers can integrate these features to create more engaging, trustworthy dApps. Built for the Hyperliquid Community Hackathon, HyperCreate leverages HyperEVM’s speed and native liquidity to deliver a seamless experience, democratizing access to DeFi’s potential.  


Git hub : Github Link