Hyperliquid's Seoul hackathon (Sept 21-22) featured 13 winning projects sharing $50K+ prizes. Winners included Wildmeta (AI trading assistant), Edgescan (security scanner), and HODL Bot (Telegram trading bot), marking Hyperliquid's evolution from pure trading platform to comprehensive ecosystem.
Hyperliquid held its inaugural offline hackathon in Seoul on September 21-22, 2025, coinciding with Korea Blockchain Week (KBW). The 48-hour developer marathon drew builders from across the world, with 13 winning projects sharing a prize pool of over $50,000.
The event marks a strategic shift for Hyperliquid as it evolves from a pure trading platform into a comprehensive ecosystem. With intensifying competition and rising user expectations, the platform recognizes the need for a more robust application layer to strengthen its market position.

(Image source: X user @reason8eth)
From AI trading assistants to cross-chain infrastructure, from risk management tools to social trading platforms, let's quickly examine who the standouts are among this competition's participants.
1st - Wildmeta: AI-based professional trading assistant providing institutional-grade trading execution capabilities for Hyperliquid users

This project was developed by the Wildmeta team, founded by Kevin Chen (@c_kevin75). Interestingly, Kevin was liquidated for $2 million on Hyperliquid on the day of the hackathon, then won first place that evening with this project. In his acceptance speech, he mentioned wanting to "write trading lessons into Wildmeta products."

Wildmeta is a broader Hyperliquid trading platform offering trader discovery, notification systems, chain abstraction, and HyperCore/HyperEVM account management. The Copilot feature showcased at the hackathon focuses on AI-driven trading insights, including real-time signal generation, automated order execution, and quantitative analysis.
The tool seamlessly integrates with HyperCore, utilizing on-chain data and market patterns for AI analysis to help traders improve efficiency. It particularly emphasizes risk management features, possibly stemming from the founder's own trading experience.
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Progress and Stats: Wildmeta app is already live, supporting iOS and Android, compatible with Hyperliquid desktop applications without requiring additional wallet setup. The platform reportedly has over 1 million PnL users.
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Why worth watching: This is a mature project with an actual user base, and the founder's personal trading experience provides real demand insights for product development.
2nd - Edgescan: a smart contract security scanner designed specifically for Hyperliquid and HyperEVM

Edgescan is a cybersecurity company operating for over 10 years, specializing in vulnerability scanning and penetration testing services. The company has handled over 40,000 security assessments and has deep expertise in traditional web security.
This project provides continuous security monitoring services for the Hyperliquid ecosystem, capable of detecting various vulnerabilities in smart contracts, including SQL injection and API exposure. The system supports contract scanning on HyperEVM and can identify malicious assets and shadow IT risks.
Edgescan employs a "hybrid automation + human verification" approach, claiming 100% accuracy while effectively eliminating false positives. The system integrates EUVD (European Union Vulnerability Database) for compliance requirements and can scan 768+ actively exploited CVE vulnerabilities.
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Progress and Stats: The base platform is already mature and operational, with customized scanning features developed specifically for the Hyperliquid ecosystem during the hackathon. The company has handled over 40,000 assessments with a good track record in traditional security.
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Why worth watching: As the Hyperliquid ecosystem grows rapidly, security needs will surge dramatically. Edgescan's mature team and technical expertise lay the foundation for success in this niche market.
3rd - HODL Bot: a Telegram-based group trading bot focused on long-term holding and risk management strategies

Project team information is relatively limited, but the product design shows the team has deep understanding of community-driven trading and risk management.
HODL Bot's core is simplifying complex risk management strategies into simple operations within Telegram groups. Users can set automated long-term holding strategies with automatic rebalancing. More importantly, the bot supports delta-neutral hedging functions, helping users protect asset value during market volatility.
The project directly integrates Hyperliquid API, supporting 100+ perpetual contracts and up to 50x leverage. All operations are completed through the Telegram interface, with users maintaining full control of their wallets without asset custody.
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Progress and Stats: Currently operating as a Telegram bot in early stages. The team plans to develop a native application.
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Why worth watching: Social trading is an important trend in DeFi development, and HODL Bot's innovations in group collaboration and risk management are worth attention.
4th - Hyper Homo: Hyperliquid-native social copy trading platform
The team adopts meme culture and community-driven branding strategies, with limited specific background information.
The platform allows users to follow top traders' perpetual and spot positions in real-time, supporting custom position sizing and stop-loss settings. Users can vote through the community to select signals and strategies to follow, forming a decentralized investment decision mechanism.
The project fully utilizes Hyperliquid's on-chain order book characteristics, achieving transparent, low-slippage trade copying. Compared to other copy trading platforms, users can see complete on-chain trading records.
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Progress and Stats: Currently in prototype stage without available product interface.
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Why worth watching: The copy trading market is huge, and establishing first-mover advantage within the Hyperliquid ecosystem could lead to significant growth.
5th - STIBS: Hyperliquid yield smoothing tool focused on reducing drawdown risks in DeFi strategies.
Limited team information available. Public information shows STIBS pools and averages users' different strategy returns to reduce individual strategy volatility. The system dynamically allocates between perpetuals, spot, and HLP liquidity mining, automatically hedging when funding rates are abnormal.
The project's innovation lies in achieving yield smoothing through fund pool mechanisms, allowing users to obtain relatively stable APY without bearing the severe volatility of single strategies.
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Progress and Stats: Currently in early prototype stage, not yet deployed.
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Why worth watching: Yield smoothing is a core need for institutional investors, and if the product matures, it could attract substantial capital seeking stable returns.
6th - HyperFlash: Cross-chain arbitrage engine focused on sub-second execution and zero capital occupation
This project was completed solo by a 19-year-old genius developer @AndreiDeSte , causing quite a stir at the hackathon. Despite his youth, his technical implementation level earned high praise from judges.
HyperFlash solves the capital inefficiency problem in traditional cross-chain arbitrage. Traditional solutions require pre-depositing funds on multiple chains, while HyperFlash uses innovative asynchronous bridging technology to complete arbitrage operations without locking funds.
The system can complete cross-chain arbitrage in milliseconds, a qualitative improvement over traditional DEX operations taking several minutes. More importantly, the entire process requires no pre-positioned TVL, greatly improving capital efficiency.
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Progress and Stats: Prototype demonstration completed with verified technical feasibility, but still needs time before productization.
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Why worth watching: Cross-chain arbitrage is an important DeFi need, and if the technical solution matures, market potential is enormous. The young developer's innovative thinking is also worth anticipating.
7th - Tetrics: Portfolio analysis and risk scoring tool
The team focuses on DeFi risk management and has partnerships with the Anoma ecosystem, showing professional background in privacy protection and cross-chain technology.
Tetrics provides comprehensive portfolio analysis for Hyperliquid users, including risk scoring, asset allocation recommendations, and potential loss warnings. The system can monitor users' position risks in real-time and provide optimization suggestions.
The project combines traditional finance risk management models with DeFi's special needs, capable of handling risk calculations for various asset types including perpetual contracts, spot, and liquidity mining.
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Progress and Stats: In early development stage with basic framework but incomplete functionality.
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Why worth watching: As DeFi user asset scales grow, demand for professional risk management tools will increase.
8th - BASIS X: on-chain fund pool for delta-neutral basis trading

The team has quantitative trading background with deep understanding of basis trading strategies.
BASIS X obtains relatively stable basis returns by simultaneously holding opposite positions in spot and perpetual contracts. Users can deposit funds into the pool to enjoy stable returns from delta-neutral strategies.
The project implements fully on-chain basis trading strategies with high transparency, allowing users to view strategy performance in real-time.
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Progress and Stats: Test version launched with current TVL of $3,790, one of the few projects already managing actual funds. Though TVL is still small, it has begun actual operations, demonstrating complete implementation capability from concept to product.
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Why worth watching: Delta-neutral strategies are favored by institutional investors, with stable and predictable market demand.
9th - HyperSonia: AI trading coach providing personalized trading guidance.
Team information is relatively limited, but product functionality shows some understanding of AI technology and trading education.
HyperSonia combines semantic search and predictive alert functions to provide users with personalized trading recommendations and market insights. The system can analyze users' trading history and provide targeted improvement suggestions.
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Progress and Stats: Currently in prototype stage without independent website or product interface.
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Why worth watching: Trading education is a huge market, and AI-driven personalized guidance could change traditional learning methods.
10th - AlgoGene: Genetic algorithm-driven trading strategy generator.
Limited project information available. Generally uses genetic algorithms to automatically generate and optimize trading strategies, continuously improving strategy parameters through simulated evolution processes to find optimal trading models.
Theoretically, applying biological evolution concepts to trading strategy optimization can discover complex strategy combinations difficult to design manually.
Progress and Stats: In early development stage, mainly completing algorithm framework design.
Special Awards
RedStone Special Award - Spread: NBBO (National Best Bid and Offer) router finding optimal trading prices for users
Spread compares prices across multiple DEXs, automatically routing users to the best price execution, reducing slippage and trading costs.
deBridge Track First Place - HyperPlug: Multi-chain wallet interaction component simplifying cross-chain operations.
Provides developers with easy-to-integrate cross-chain interaction components, lowering technical barriers for DApp development.
Hyper Metal: DeFi risk detector discovering potential vulnerabilities through on-chain simulation.
Simulates various attack scenarios in real environments to help protocols discover security vulnerabilities. Currently in proof-of-concept stage, focusing on security tool development.
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