Hey folks, if you're into the wild world of meme tokens and blockchain tech, you've probably heard the buzz around Hyperliquid, a super-fast Layer 1 blockchain designed for decentralized finance (DeFi). It's got this thing called HyperEVM, which is basically an Ethereum-compatible environment but optimized for speed and low costs—perfect for trading perps (perpetual futures) and spot assets without the usual headaches.

Well, the platform just wrapped up its first-ever in-person hackathon in Seoul on September 21-22, 2025, and the energy was electric. The event, dubbed "Build on Hyperliquid" or HLH for short, brought together builders, sponsors, and even some honorary judges like Jeff Yan (aka @chameleon_jeff), the CEO of Hyperliquid Labs. In a recent tweet from the official hackathon account @hlh_build, they summed it up perfectly: "What an incredible past 2 days.⚡️" They shouted out the hardworking participants and sponsors, powering the whole thing through HyperPC.

What Went Down at the Hackathon

Over two days, developers hacked away on projects leveraging Hyperliquid's tech stack, including tools from sponsors like deBridge for cross-chain magic, RedStone and Pyth for oracle price feeds, and Chainstack for infrastructure. The goal? Push HyperEVM forward with fresh ideas in trading, yield strategies, and more.

The closing ceremony featured winners posing with custom plaques, prizes in USDC, and adorable plushies that screamed meme culture. Speaking of which, those cute blue drop and cat toys? They're nods to popular meme tokens on the platform—like $PiP (a whimsical drop-themed token that's all about creating waves in the ecosystem) and $PURR (the OG cat meme coin on Hyperliquid). $PiP even had a rep on stage, with @PiPonHL tweeting about having a blast. It's clear memes aren't just side gigs here; they're woven into the fabric of the community.

The Standout Winners and Their Projects

The hackathon dished out over $30K in prizes, rewarding creativity in AI, security, and DeFi tools. Here's a quick rundown of the top projects—many of which could supercharge meme token trading and liquidity on Hyperliquid:

• 1st Place: Hyperliquid Copilot ($10K) - An AI-powered trading assistant that generates signals and executes orders. Imagine automating your meme token hunts without lifting a finger.
• 2nd Place: Edgescan ($8K) - A smart contract vulnerability scanner. Crucial for keeping those meme launches safe from exploits.
• 3rd Place: HODL Bot - Focuses on auto-HODLing, hedging, and group AI signals. Perfect for meme degens who want to hold through the volatility.
• 4th: Hyper Homo ($4K) - Social copy-trading with a community twist, letting you follow top traders in real-time.
• 5th: STIBS ($3K) - Yield smoothing to cut down on drawdowns, helping stabilize those wild meme swings.
• 6th: HyperFlash ($2.5K) - A sub-second cross-chain arbitrage engine, built by a 19-year-old whiz—speed is king on Hyperliquid.
• 7th: Tetrics ($2.5K) - Portfolio analytics with risk scores, great for tracking your meme bag.
• 8th: BASIS X ($1K) - On-chain vaults for delta-neutral basis trades, adding pro-level strategies to spot assets.
• 9th: HyperSonia ($1K) - An AI trading coach with predictive alerts and semantic search.
• 10th: AlgoGene ($500) - Generates algo strategies using genetic models.

Plus, special tracks: Spread-Taikai won $1K from RedStone for best price routing, HyperPlug took deBridge's top spot for multi-chain wallet swaps, and Hyper Metal impressed with DeFi risk simulations.

These projects aren't just tech demos; they could directly amp up meme token liquidity and fun on Hyperliquid. For instance, tools like HyperFlash and HODL Bot make it easier to arb or hold volatile memes like $PiP or $PURR, which have seen massive gains thanks to the platform's on-chain order books and zero gas fees.

Why This Matters for Meme Tokens

Hyperliquid is already a hotspot for meme coins, with tokens like $PURR (the platform's original meme) and $PiP leading the charge. $PiP, for example, has burned 20% of its supply and boasts high daily volumes, making it a community favorite. The hackathon spotlighted this vibe—plushies on stage, meme-inspired projects, and a nod to the ecosystem's playful side.

As Hyperliquid grows (it's already handling billions in monthly volume), events like this fuel more innovation. Meme creators can now build on HyperEVM with better tools for launches, trading bots, and security. If you're a blockchain practitioner eyeing the next big thing, keep Hyperliquid on your radar—it's where DeFi meets meme magic.

Looking ahead, the team hinted at more events, so stay tuned. In the meantime, check out the full thread on X for photos and vibes. What's your take—will Hyperliquid become the go-to chain for meme tokens? Drop your thoughts below!