HyperCore serves as a platform for spot assets, while HyperEVM functions as an Ethereum Virtual Machine network for executing smart contracts on Ethereum.

This integration allows tokens like HYPE, the gas token for HyperEVM, to move seamlessly between platforms without needing separate contracts, thereby enhancing efficiency.

With this new linking capability, users can access Ethereum's DeFi services, such as lending and trading, directly from the Hyperliquid ecosystem without relying on third-party bridges, which often pose security risks.

The linking process requires a token's 'spot deployer' to ensure matching supply on both platforms, involving a series of verification steps, including the submission of a 'spot deploy action' and contract confirmations.

Hyperliquid has updated its platform to facilitate easier token transfers between its HyperCore and HyperEVM services, enhancing user experience in decentralized finance (DeFi).

While this update signifies progress, Hyperliquid has acknowledged existing risks, such as unverified contracts and potential supply mismatches, as of March 25, 2025.

Users can now link tokens on HyperCore, referred to as 'Core spot,' to their HyperEVM counterparts, known as 'EVM spot,' allowing for simplified transfers through actions like 'spotSend' or standard ERC-20 transfers.

Hyperliquid's model aims to streamline asset movement, contrasting with traditional bridging methods that can complicate transactions and expose users to vulnerabilities.