HyperEVM has been criticized for positional biases and insufficient developer experience, with core applications still limited to a few scenarios.

Jinse Finance reported that a controversy has erupted within the Hyperliquid community regarding the positioning of HyperEVM. The community believes that HyperEVM was not designed as a general-purpose Ethereum execution environment but is instead a specialized execution layer intended for compositional interaction with Hypercore. Its core design should rely on corewriter and precompiled contracts, rather than being used as a general-purpose L1. However, the current learning curve for developers is quite steep, and the complexity of system address interactions results in cross-asset operations requiring multiple transactions, leading to inefficiency; in most cases, asset swaps are not even as efficient as AMM mechanisms. In addition, HyperEVM has long suffered from being “overlooked,” possibly because the team’s resources have been concentrated on core products such as HIP-3, HIP-4, and portfolio margin, leading to insufficient investment in ecosystem development. According to the community, to increase activity in the HyperEVM ecosystem, it is necessary to improve developer tools, optimize the corewriter mechanism, and incentivize more on-chain experimental applications in the style of DeFi Summer; otherwise, innovation in smart contracts may continue to stagnate.