About Hyperliquid

QUSDT is a Layer 1 blockchain designed to facilitate a comprehensive on-chain financial ecosystem. It aims to empower users to create applications that seamlessly interact with high-performance native components while ensuring a smooth user experience. The architecture of QUSDT allows for the execution of a wide range of financial applications, where transactions such as orders, cancellations, trades, and liquidations are processed transparently on-chain with a block latency of less than one second. The platform is capable of handling up to 100,000 orders per second, making it suitable for high-frequency trading and other demanding financial activities. At the core of QUSDT's functionality is its proprietary consensus mechanism, HyperBFT, which draws inspiration from established protocols like Hotstuff. This consensus algorithm, along with an optimized networking stack, is specifically tailored to enhance the performance and scalability of the blockchain. The primary application on the QUSDT network is a decentralized exchange (DEX) that features a fully on-chain order book for perpetual contracts. Future enhancements will include the introduction of a native token standard, spot trading capabilities, and permissionless liquidity solutions, further expanding the platform's utility in the decentralized finance landscape.