The Brazilian real just got a new on-ramp into decentralized finance. BRLA, a stablecoin pegged 1:1 to Brazil’s national currency, is now tradable on HyperEVM, with Ramses Exchange serving as the main decentralized exchange partner for the token. What HyperEVM and Ramses bring to the table HyperEVM is the Ethereum-compatible execution environment built into the Hyperliquid blockchain, running on chain ID 999. It bridges familiar EVM smart contracts with HyperCore’s native order book infrastructure, which handles both spot and perpetual trading. The system runs on HyperBFT consensus, allowing developers to deploy standard EVM applications while tapping into HyperCore’s liquidity. HYPE serves as the gas token, and users can move assets between HyperCore spot balances and HyperEVM through seamless bridging. Ramses Exchange deployed on HyperEVM around June to July 2025, positioning itself as the ecosystem’s core liquidity layer. It operates as a concentrated liquidity AMM, meaning liquidity providers can allocate capital within specific price ranges rather than spreading it across the entire curve. The exchange runs an x(3,3) incentive model. Its native token, RAM (rebranded to hyperRA...
BRLA stablecoin goes live on HyperEVM with Ramses Exchange as primary DEX partner
1 month ago
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