Hyperliquid's EVM-compatible layer-1 blockchain, HyperEVM, is gaining traction with increasing transaction volumes and application development since its February launch. Key updates like the CoreWriter have enhanced integration with HyperCore, positioning HyperEVM as a significant component of Hyperliquid's DeFi ecosystem, despite initial limitations in tooling and incentives.

Coinbase has acquired the founders of Sensible to strengthen its onchain consumer roadmap and simplify access to decentralized finance (DeFi) applications. This move aims to make borrowing, staking, and earning rewards more accessible to a broader audience, positioning Coinbase as a comprehensive financial platform.