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Hyperliquid Integration

For All Users

This page explains how Silhouette integrates with Hyperliquid. Useful context for understanding performance and settlement, especially for traders familiar with Hyperliquid.

Silhouette is built directly on Hyperliquid - the highest-performance decentralised exchange in crypto. Every shielded trade settles on Hyperliquid's order book. Understanding how Hyperliquid works helps explain why Silhouette is built the way it is.

One Blockchain, Two Components​

Hyperliquid is a single blockchain with two execution environments: HyperCore and HyperEVM. They share a single global ledger state, secured by HyperBFT consensus. One set of validators produces one chain of blocks that may contain transactions from both components.

"The Hyperliquid blockchain features two key parts: HyperCore and HyperEVM. The HyperEVM is not a separate chain, but rather, secured by the same HyperBFT consensus as HyperCore. This lets the HyperEVM interact directly with parts of HyperCore, such as spot and perp order books." - Hyperliquid Docs

HyperCore​

The high-performance trading engine. Purpose-built for financial primitives with sub-millisecond execution. This is where Hyperliquid's spot and perpetuals order books live, and where Silhouette's shielded trades ultimately settle.

HyperCore blocks are included approximately every 70ms, supporting around 200,000 orders per second.

Why Hyperliquid​

Silhouette is built on Hyperliquid because it is the best execution venue in DeFi:

  • Deepest liquidity: More volume than any other decentralized exchange
  • Fastest execution: Sub-second finality on HyperCore
  • Builder Codes: A native framework for building execution infrastructure on top of Hyperliquid's order book

Silhouette does not compete with Hyperliquid. We extend it. Every trade on Silhouette is a trade on Hyperliquid - just with a shielded route to get there.

For a full picture of how Silhouette's components interact with Hyperliquid, see Architecture Overview. To understand the role of the TEE in executing trades, see Trusted Execution Environments.