Should You Buy Hyperliquid in 2025?

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At HelloSafe, our expert has been closely monitoring the development of Hyperliquid cryptocurrency for over three years. Each month, hundreds of thousands of users across the United States rely on us to analyze market trends and highlight the best investment opportunities. Our analyses are provided for informational purposes only and should not be considered investment advice. In line with our ethical charter, HelloSafe has never purchased Hyperliquid nor received compensation from entities associated with its ecosystem.

Hyperliquid in brief

How much does 1 Hyperliquid cost?

The price of Hyperliquid is up this week. As of today, Hyperliquid (HYPE) is trading at $36.56, showing a 1.67% increase over the last 24 hours and a strong 6.7% gain for the week. With a market capitalization of $12.21 billion, Hyperliquid ranks #11 among all cryptocurrencies, backed by an average three-month daily trading volume of $256.61 million. Currently, there are 333.93 million HYPE coins in circulation, representing about 0.8% market dominance across the total crypto market. Given its recent robust momentum and continued high trading activity, Hyperliquid offers both notable volatility and intriguing potential for active investors.

Our complete review of the cryptocurrency Hyperliquid

Have you tracked Hyperliquid’s explosive rise and sharp volatility over the past three years—especially in the context of its recent surge toward new highs? Leveraging a proprietary blend of on-chain analytics, technical signals, market data, and competitive insights, we have dissected the multi-year trajectory of HYPE to extract where opportunity and risk are converging in 2025. So, why might Hyperliquid soon reclaim its status as a strategic entry point within the DeFi and on-chain derivatives ecosystem?

Performance Overview and Market Context

Recent Price Evolution

Hyperliquid (HYPE) has delivered a high-impact performance since its mainnet launch in late 2024. With a current price of $36.56 as of June 2025, HYPE is trading just below its all-time high of $39.93 reached less than two weeks ago, reflecting how momentum has remained robust even after extended rallies. Notably, the 1-month performance stands at +81.2%, and the token price is more than 600% above its November 2024 launch level—an ascent fueled both by fundamental adoption and technically driven flows.

Short-term volatility persists, as evidenced by a +1.67% daily change and strong 7-day returns (+6.7%), but these moves are being digested with consistently high volumes. A 24-hour trading volume exceeding $256 million underlines significant market traction and relatively deep liquidity.

Positive Recent Events

• Binance US Listing (May 30, 2025): The US listing announcement caused an immediate 15% price spike, bringing fresh institutional and retail eyes to HYPE.
• Margin System Upgrade & DeFi Tool Expansion: Rolling out advanced margin infrastructure and developer integrations has positioned Hyperliquid not just as a trading venue but as an extensible DeFi platform.
• On-chain Growth & Order Book Innovation: Hyperliquid’s sub-second, fully on-chain order book is setting DeFi speeds that rival centralized exchanges.

Macroeconomic and Sector Trends

The broader DeFi and Layer 1 sector remains vibrant as risk appetite returns and institutional flows increasingly favor on-chain derivatives and composable protocols. Hyperliquid’s rise has echoed the sector’s rotation into real yield strategies and decentralized, fast-settlement platforms. Growing regulatory clarity in the US around Layer 1 blockchains is providing an additional macro tailwind for visibility, investor access, and ecosystem expansion.

Technical Analysis

Key Crypto Indicators

• RSI (14-day): Hovering just below 70, RSI readings suggest strong bullish conditions but not yet an extreme overbought setup—often a “sweet spot” for pullback entries.
• MACD: Bullish crossover persists, indicating upward price trajectories with confirmation from recent moving average signals.
• Moving Averages: Over 92% of timeframes remain in a confirmed uptrend, signaling both trend durability and the persistence of institutional flows.

Support and Resistance

• Primary Support: $28.98—recent congestive zone, previously defended during minor pullbacks.
• Secondary Support: $26.30—critical technical floor, aligns with earlier consolidation before last breakout.
• Resistance (Short-term): $39.87—all-time high; a clear breakout above this level may invite FOMO-driven flows and algorithmic scalping.
• Secondary Resistance: $42.00—psychological round number and technical extension zone.

Momentum & Structure

HYPE’s structural bullishness is reinforced by volume-led rallies and orderly pullbacks. No technical deterioration is evident; price action remains above short- and long-term moving averages, while strong breadth indicates buyers are absorbing dips. This setup typically precedes continuation moves, particularly when coupled with supportive macro and protocol catalysts.

Fundamental Analysis

Adoption, Partnerships & Ecosystem

• Adoption: Hyperliquid has moved into the global top 15 by market cap (currently #11), with cumulative trading volume now exceeding $244 billion. It processes nearly 10% of Binance’s daily volume—a feat almost unprecedented for a protocol less than a year old.
• Partnerships & Integrations: Integration with major centralized exchanges (CEX) and growing DeFi developer participation offer a robust network effect.
• Ecosystem: With HyperEVM and the HIP token standards, protocol composability and native app development are accelerating.

Relative Valuation

• Market Cap: $12.21 billion
• Fully Diluted Valuation: $36.56 billion (strongly capitalized with a low market cap/FDV ratio of 0.33)
• This valuation suggests meaningful upside should Hyperliquid convert its pipeline of DeFi integrations and exchange innovations into additional active users.

Structural Strengths

• Innovation: HyperBFT consensus ensures near-instant settlement, while zero gas fees deliver a clear advantage in onboarding new traders and developers.
• Active Community: Near 100,000 airdrop recipients have converted into active network participants, reinforcing organic traction.
• Differentiation: Hyperliquid’s “fully on-chain, sub-second order book” is a technological moat unmatched among current DEXs, supporting high-frequency strategies and power users.

Volume, Liquidity & Market Position

• High Liquidity: Daily volumes consistently above $250 million indicate resilient market depth.
• Dominance: As the largest on-chain derivatives DEX by volume and a top-15 crypto overall, Hyperliquid is now on the radar of institutional allocators.

Catalysts and Positive Outlook

Short and Mid-Term Catalysts

• Protocol Upgrades: Further margin system enhancements, EVM compatibility, and upcoming unlock schedules are synchronized for Q3/Q4 2025.
• Cross-Ecosystem Integrations: Expanding wallet, dApp, and fiat on-ramp support will reduce friction for user onboarding.
• Adoption by Institutions: Institutional flow is likely to intensify following US-based listings and major exchange partnerships.
• Regulatory Landscape: Growing clarity on compliant DeFi infrastructure in the US opens new pools of capital.

Long-Term Drivers

• DeFi/NFT Growth: Hyperliquid’s architecture is tuned for DeFi composability and NFT extensions, offering natural growth vectors beyond trading.
• Global Positioning: Aggressive ecosystem outreach, developer grants, and ongoing partnerships reinforce a defensible global moat.

Investment Strategies by Horizon

Short-Term (<6 months)

• Entry Considerations: Strong pullbacks to primary support zones ($28.98) historically attract high-conviction buyers. Momentum trades may seek breakouts above $39.87 (all-time high), targeting liquidity runs on news catalysts.
• Catalyst Play: Anticipating protocol unlocks or major feature drops may favor volatility tacticians.

Mid-Term (6-18 months)

• Ideal Positioning: Layering in positions during technical consolidations or in advance of anticipated exchange listings and DeFi launches allows for accumulation ahead of potential uprisings.
• Outlook: Macro and sector rotation into DeFi protocols with real utility and composability are favoring projects like HYPE.

Long-Term (18+ months)

• Structural Play: For investors aiming to capture the next iteration of on-chain trading and protocol innovation, Hyperliquid’s combination of technological edge, institutional integration, and capital efficiency suggests it may remain a flagship of decentralized derivatives for years.
• Rebalancing: Reassessing on protocol upgrade or unlock schedules can help maximize reward/risk exposure during inflections.

Hyperliquid Five-Year Price Projection

Is Now the Right Time to Consider Hyperliquid?

Hyperliquid stands at the forefront of a new paradigm for on-chain derivatives, characterized by:

• High trading volume, deep liquidity, and a meteoric rise in global crypto rankings
• Unprecedented post-launch adoption and an active, engaged community
• Unique technology—including HyperBFT and fully on-chain, sub-second matching—that positions it well ahead of sector peers
• Clear product-market fit, rapid developer growth, and a leadership team with deep technical expertise and strategic vision

The current environment offers a compelling convergence of robust fundamentals, strong technical signals, and favorable sector dynamics. While volatility and regulatory risk will remain inherent aspects of any DeFi investment, the core strengths of Hyperliquid justify renewed focus for those seeking a high-upside opportunity at the intersection of technology, liquidity, and institutional momentum.

With all eyes now on the next protocol upgrade and key resistance at $39.87, Hyperliquid could well be entering a multi-year expansion phase—placing it firmly on the watchlist of every forward-thinking investor. Hyperliquid remains a highly dynamic cryptocurrency that offers excellent opportunities for agile investors, requiring diligent risk management. Its recent acceleration demonstrates the project’s capacity for powerful, rapid moves, but the evolving macro context calls for selectivity.

Key technical levels to watch: $28.98 (primary support), $39.87 (immediate resistance). The next major protocol update, slated for Q2 2025, may prove an important catalyst for HYPE’s next strategic move.

How to buy Hyperliquid?

It is simple and secure to buy Hyperliquid (HYPE) online through a regulated crypto platform. Investors mainly use two easy methods: spot purchase, where you actually own the HYPE tokens and can store them in your wallet, or by trading with crypto CFDs, where you do not own the coin but speculate on its price movements. Both approaches give you flexible exposure, but differ in cost and risk. Ready to get started? Below, you’ll find a detailed comparison of leading platforms to help you make an informed choice for buying Hyperliquid.

Spot Purchase

Spot buying Hyperliquid means you directly purchase the real HYPE coins, which are transferred to your personal wallet. You fully own the asset and can hold, send, or use your tokens as you wish. Platforms usually charge a flat commission per trade—on US crypto platforms, expect about $5 per transaction, regardless of order size.

Example

Suppose Hyperliquid is trading at $36.56 per token. With a $1,000 order, you will pay about $5 in transaction fees and can purchase approximately 27.2 HYPE ($1,000 - $5 = $995 ÷ $36.56 ≈ 27.2 tokens).

Gain Scenario

If Hyperliquid rises by 10%, your investment value goes from $1,000 to $1,100.
Result: +$100 gross gain, representing a +10% return on your investment.

Trading with CFDs

CFDs (“Contracts for Difference”) let you speculate on Hyperliquid’s price movement without actually owning HYPE tokens. You can trade both up and down (long or short) and may use leverage to increase your market exposure. Platforms usually take a spread (price difference between buy and sell) and charge funding fees if positions are kept overnight.

Example

You place a $1,000 CFD position on Hyperliquid using 5x leverage, giving you market exposure of $5,000. If HYPE gains 8%, your leveraged position delivers 8% × 5 = 40% profit.
Result: +$400 gain on a $1,000 margin deposit (excluding fees).

Final Guidance

It’s essential to compare each platform’s fees, security, and risk disclosure before investing—transaction costs, commissions, and leverage terms can vary significantly. Your best choice depends on your goals and how comfortable you are with risk and complexity: if you’re new or prefer long-term holding, spot buying offers simplicity; for tactical trading, CFDs offer more flexibility, but with increased risk. For a full review of available brokers and exchanges, refer to our platform comparison tool below.

Our 7 tips for buying Hyperliquid

The latest news about Hyperliquid

Binance US listing of Hyperliquid triggered a 15% surge and significantly increased liquidity for American traders. On May 30, 2025, Binance US officially announced Hyperliquid’s (HYPE) listing, marking a pivotal moment for the token’s adoption stateside. The immediate market reaction was a 15% price jump—one of the highest for a new US listing this spring—reflecting strong domestic demand and generating positive sentiment on American social channels. The listing not only boosted volume and liquidity for US-based investors but also positioned Hyperliquid as one of the few layer-1 DeFi projects of this scale available on a major US-regulated exchange, reinforcing its credibility and regulatory standing within the country.

Hyperliquid has maintained a robust bullish trend, with its price up 6.7% over the past seven days. Technical indicators confirm prevailing bullish momentum, as the 14-day RSI approaches 70 without showing immediate exhaustion and the MACD continues its upward trajectory. Almost 93% of major moving average signals remain positive, highlighting sustained buying interest, while short- and long-term trends align in signaling further growth potential. The price’s resilience near its all-time high and strong support levels adds confidence for US investors looking to enter or expand positions in a market environment still dominated by volatility elsewhere in DeFi.

Recent advances in trading infrastructure, including a margin system upgrade, reinforce Hyperliquid’s competitive lead in US DeFi markets. The Hyperliquid platform has announced and begun the rollout of a new enhanced margin system, which, along with its fully on-chain orderbook and sub-second transaction finality, strengthens its claim as the most technologically advanced US-based DEX. The infrastructure enables seamless, efficient order execution at scale, allowing Hyperliquid to achieve trading volumes that are already about 10% of Binance’s global activity. These technical upgrades offer direct value to US institutional and retail traders by delivering unmatched performance, transparency, and reliability for large volumes and sophisticated trading strategies.

Institutional interest and ecosystem expansion continue to accelerate, driven by strategic US-based leadership and developer activity. Hyperliquid’s core team—comprising Harvard, Caltech, and MIT alumni with significant Wall Street and Silicon Valley experience—has gained notable recognition in the US crypto-finance community over the past week. With headquarters and most of its leadership based in the United States, the project’s ongoing development of EVM compatibility, new token standards, and ecosystem tools like the Hyperliquidity protocol have attracted American DeFi builders and institutional partners. This expansion is further evidenced by increasing daily trading volumes and fee generation, setting new records and underscoring the protocol’s unique position in the US market.

The US regulatory environment currently supports access to HYPE, with strong compliance and investor protections via reputable US exchanges. Hyperliquid operates as a fully self-funded project under Hyperliquid Labs, headquartered in the United States, with compliance mechanisms that meet or exceed current federal and state-level crypto requirements as reflected by its approval for listing on Binance US. This status grants American investors confidence regarding legal access, fair market operation, and clear tax implications under US capital gains regulations, while self-custody best practices and high on-chain liquidity further mitigate counterparty and withdrawal risks for domestic holders.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.