# HyperEVM Block time Methodology

## 1. Overview

Block time measures the average time required for a new block to be added to the HyperEVM blockchain. This metric reflects the operational speed and frequency at which the network processes transactions and updates its state. It serves as a key performance indicator for the latency and throughput of HyperEVM within the Hyperliquid ecosystem.

## 2. Data sources

- **Blockchain events**: Block headers from HyperEVM
- **External data**: None; this metric is derived entirely from on-chain block timestamps

## 3. Step-by-step calculation

### Component A: HyperEVM block data extraction

- **Purpose**: Retrieve the fundamental timing and sequencing data required for interval calculations
- **Logic**: Block timestamps and block numbers are extracted from HyperEVM block headers. The genesis block (block height zero) is explicitly excluded from the dataset to ensure that the calculation only reflects intervals between active network state transitions.
- **Key fields**: `timestamp` and `number`

### Component B: Block interval calculation

- **Purpose**: Determine the duration between successive block additions
- **Logic**: The temporal difference between the current block and the immediately preceding block is calculated in milliseconds. This subtraction logic is only applied to consecutive blocks where the difference in block height is exactly equal to one. This ensures that the intervals accurately represent the network's continuous processing time without gaps caused by missing data.
- **Key fields**: `timestamp` (current and preceding) and `number` (current and preceding)

### Component C: Daily aggregation

- **Purpose**: Provide a standardized daily average of network performance
- **Logic**: Individual block intervals are averaged over a 24-hour period based on UTC day boundaries. Data processing for this metric is initialized for timestamps starting from June 1, 2025. The final output is normalized to represent the daily average block time for HyperEVM.
- **Key fields**: `timestamp` and `block_time` (average)

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

avg(block_timestamp - previous_block_timestamp)

Block time

Blockchains (L1)

Hyperliquid generates revenue through on-chain perpetual futures and spot trading, facilitated by its HyperCore execution layer. Every order, trade, and liquidation occurs on-chain with one-block finality, enabling ultra-low latency and transparent trading. Liquidity providers and market makers earn supply-side fees from bid-ask spreads and transaction rebates, while network participants can earn governance and staking rewards via the HYPE token.

Hyperliquid is a layer-one (L1) blockchain purpose-built for trading and decentralized finance. It combines: HyperCore, the high-performance trading engine powering perpetuals, spot markets, and oracles; HyperEVM, a fully compatible smart contract layer enabling developers to build DeFi applications such as lending, vaults, governance, bridges, and stablecoins directly on-chain. Its consensus mechanism, HyperBFT, is a custom algorithm inspired by HotStuff, optimized for throughput (200k+ orders/sec) and deterministic finality. The HYPE token underpins the network, granting holders rights to participate in governance, staking, and securing the protocol — effectively letting users own a share of the Hyperliquid ecosystem.

HYPE tokenholders own, govern, and secure the Hyperliquid network through on-chain governance. The Hyper Foundation oversees community governance and ecosystem growth, ensuring decentralization and alignment of incentives across traders, builders, and validators. Hyperliquid’s investors include Tioga Capital Partners, Collab+Currency, Infinite Capital (San Juan), Optimista Capital, and RockawayX, all holding minority venture capital positions.

HyperEVM

Block time

Block time

Chain breakdown