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The original was posted on /r/nanocurrency by /u/jwinterm on 2025-06-04 21:30:15+00:00.
This seems to be a constant refrain around nano - that it should have smart contracts or be usable on ETH or whatever. I had some thoughts on this I shared on discord but I thought I would share them here as well in case some ambitious individual (or team more likely) wanted to take up the gauntlet (because I don't have the time or passion to work on something of this magnitude right now).
This is related to one existing technology and one under development:
- Hyperliquid is its own chain with its own token, which is currently and has been the hot thing for a while now because of their distribution model and now james wynn promo on twitter. It is decentralized nominally, but is an extremly small set of validators.
- Serai dex is a forthcoming dex based on polkadot technology I believe where the network has its own token and is operated by liquidity providers as I understand, essentially like a giant multisig, so hopefully more decentralized than hyperliquid. It will offer "deposits" of monero, bitcoin, eth, and dai I believe and allow for uniswap style LP trading between different chains (with a more seamless interface than existing p2p swaps)
How is this nano related?
Someone could launch essentially a hyperliquid fork (which is basically EVM as I understand it), where the governance/revenue token is distributed by claim/airdrop to existing nano holders, or nano/btc/ltc/xmr/fartcoin/whatever other community may be interesting to try and draw in users and liquidity. Obviously it would support nano deposits/withdraws via some kind of bridge, but how do we make a trustless bridge?
I guess this is where Serai could help. Serai enables Monero (and Bitcoin and Ether) deposits using a distributed/decentralized mechanism. Monero faces many of the same challenges as Nano in terms of no scripting and limited ability to post data.
Someone/people could also just lobby for Serai to support Nano once the go live with mainnet, which I believe is soonTM.
Hyperliquid at least appears to be open source, although I'm not sure they share all of their secret sauce https://github.com/hyperliquid-dex
Serai I'm pretty sure is planning to be completely open (and I thought it was close to ready but honestly the github looks kinda stale, hopefully they are doing final prep privately) https://serai.exchange/
Hypernano has a nice ring to it imo.