BRLA Stablecoin Launches on HyperEVM with Ramses Exchange as Key Partner

The Brazilian real has entered the decentralized finance space with the launch of BRLA, a stablecoin pegged 1:1 to Brazil’s national currency. The token is now tradable on HyperEVM, with Ramses Exchange serving as its main decentralized exchange partner.

Overview of HyperEVM and Ramses Exchange

HyperEVM is an Ethereum-compatible execution environment integrated into the Hyperliquid blockchain, operating on chain ID 999. It connects familiar EVM smart contracts with HyperCore’s native order book infrastructure, facilitating both spot and perpetual trading. The system utilizes HyperBFT consensus, enabling developers to deploy standard EVM applications while benefiting from HyperCore’s liquidity. HYPE is the gas token used within this ecosystem, allowing users to seamlessly move assets between HyperCore spot balances and HyperEVM.

Ramses Exchange, deployed on HyperEVM in mid-2025, positions itself as the core liquidity layer of this ecosystem. It operates as a concentrated liquidity automated market maker (AMM), allowing liquidity providers to allocate capital within specific price ranges. The exchange employs an x(3,3) incentive model, and its native token, RAM (now hyperRAM on HyperEVM), supports governance and staking. Notably, Ramses has introduced features like Sarcophagus, a fee-based burn mechanism, and dynamic fee structures that adapt to market conditions.

Details on BRLA Stablecoin

BRLA is an ERC-20 stablecoin issued by Avenia, fully backed by Brazilian real reserves that are audited by firms such as UHY Bendoraytes. The stablecoin commenced trading on Hyperliquid’s platform in May 2026, initially through the BRLA/USDC trading pair on HyperCore. Currently, the circulating supply of BRLA is estimated to be between 138 to 144 million tokens, with its price reflecting the exchange rate of the BRL against the US dollar. The BRLA/USDC pair has already gained traction, indicating strong demand in the market.