Is It Worth Buying Hyperliquid in 2025?

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At HelloSafe, our experts have been monitoring the performance of the Hyperliquid cryptocurrency for over three years. Every month, hundreds of thousands of users across the United States rely on us to break down market trends and identify the most promising investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical charter, HelloSafe has never purchased Hyperliquid nor received compensation from any entity associated with its ecosystem.

Hyperliquid at a Glance

How much does 1 Hyperliquid cost?

The price of Hyperliquid is up this week. Currently trading at $25.55, HYPE has gained 1.96% over the past 24 hours and an impressive 17.18% on the week, bringing its market capitalization to $8.53 billion. The token sits at 333.93 million units in circulation, with a three-month average daily trading volume of $143.4 million, securing a prominent position among the top crypto assets. HYPE’s market dominance stands at about 0.45% of the total crypto market cap. With ongoing growth but inherent volatility, Hyperliquid continues to attract attention as a dynamic investment opportunity.

Our full review of the Hyperliquid cryptocurrency

Have we reached a turning point for Hyperliquid, as its recent market momentum and three-year evolution suggest a fundamental change in its investment outlook? By leveraging our proprietary algorithms to cross-analyze on-chain data, technical signals, market consensus, and the shifting competitive landscape, we've dissected every layer of Hyperliquid’s trajectory. So, why could Hyperliquid once again emerge in 2025 as a strategic entry point into the rapidly expanding DeFi and decentralized derivatives ecosystem?

3. Recent Performance and Market Context

4. Price Evolution and Recent Catalysts

Hyperliquid (HYPE) has rapidly asserted itself among leading DeFi tokens, showcasing an impressive +530.84% price appreciation over the past twelve months, culminating in its current valuation of $25.55 (as of May 15, 2025). The token recorded a new all-time high of $35.02 in December 2024, demonstrating robust market traction. Short-term price dynamics remain equally impressive, with a weekly gain of +17.18% and a steady 24-hour rise of +1.96%.

This positive performance follows several notable events:

• Hyperliquid’s platform recorded a $1.3 billion increase in market capitalization over a single week, signaling rapid onboarding and capital inflow.
• The protocol has secured its status as a top-three player in the crypto derivatives space, supported by ever-increasing user activity and liquidity.
• The ongoing roll-out of the HyperEVM (allowing developers to deploy decentralized apps directly onto the Hyperliquid blockchain) has further fostered network effect and ecosystem stickiness.

4. Macro and Sector Tailwinds

The macro backdrop remains distinctly favorable for crypto assets:

• Market-wide appetite for decentralized, non-custodial trading venues is accelerating, particularly for derivatives and high-frequency trading platforms.
• Regulatory clarity has improved in major jurisdictions, spurring institutional interest.
• The broader DeFi sector is witnessing a technical renaissance, with Layer-1 infrastructure projects like Hyperliquid at the forefront of adoption.

3. Technical Analysis

4. Key On-Chain & Market Indicators

A composite review of technical signals reinforces the prevailing bullish scenario, with an 86% positive reading across major indicators:

• RSI (14d): 71.26, currently signaling an overbought regime. While this may introduce short-term volatility or mild corrections, it typically reflects sustained momentum, especially on high-volume breakouts.
• MACD: Positive at 0.10, registering as a neutral-to-bullish signal and potentially foreshadowing the next leg up should momentum persist.
• Moving Averages: Strong alignment across the board—20 ($21.83), 50 ($17.62), 100-day ($18.47) all act as dynamic support zones, with current price action well above these trends, confirming a bullish structure.

Given the distance from these supports and the resilience shown on past retracements, the current setup offers substantial downside cushioning, especially for mid- to long-term strategies.

An imminent retest of the $26–$28.72 band would open the door for price discovery towards previous highs.

• Momentum Profile and Short/Medium-Term Structure:
• Persistent buying pressure (in both spot and perpetual/futures markets) suggests accumulation, with leading indicators (volume spikes, order book imbalance) supporting a positive outlook.
• The structure remains favorable for continued upside, with potential technical pullbacks offering constructive entry points.

3. Fundamental Analysis

4. Adoption, Community & Ecosystem Traction

Hyperliquid stands out for rapid user adoption, technological innovation, and strong community engagement:

• Active user base: 658,056+, one of the largest in the on-chain derivatives space.
• Average daily trading volume: $7.3 billion—this level of liquidity underpins price stability and market confidence.
• Ecosystem development: The introduction of HyperEVM has unlocked vast new developer activity, catalyzing integrations and boosting DeFi/NFT use cases directly on Hyperliquid.

4. Attractive Valuation Metrics

• Market Capitalization: $8.53 billion, positioning HYPE among the upper echelons of DeFi protocols by network effect and capital base.
• Fully Diluted Valuation: Attractive given circulating vs. max supply ratios, with only ~33% of tokens currently in circulation—indicating meaningful supply-side upside as adoption scales further.
• TVL (Total Value Locked): While not yet published, initial inflows demonstrate sticky capital and growing TVL, mirroring the protocol's breakthrough in user engagement metrics.

4. Structural Advantages

• Layer-1 architecture: Proprietary and high-throughput (200,000 orders per second), specializing in ultra-fast, low-latency DEX operations.
• Zero gas & sub-second finality: Removes friction and cost, attracting both retail and institutional algorithmic trading flows at scale.
• On-chain full order book: A competitive differentiator within DeFi, enabling deep liquidity and fair price discovery.

4. Liquidity and Market Position

• Volume & liquidity: High average daily exchange volumes and a busy on-chain order book speak to genuine adoption—not opportunistic speculation.
• Market positioning: Firmly within the top 5 for DeFi and derivatives volume, enjoying network effects and index inclusion likelihood as its ecosystem grows.

4. Forward Catalysts

• Protocol upgrades: Ongoing enhancements and optimization to the HyperBFT consensus.
• Expansion of the HyperEVM ecosystem: Expected to unlock composable DeFi apps, cross-chain integrations, and institutional use cases.
• Sectoral tailwinds: With regulatory frameworks becoming friendlier and central exchanges facing scrutiny, user migration to decentralized solutions is anticipated to accelerate—directly benefiting Hyperliquid’s growth trajectory.

3. Investment Strategies According to Time Horizon

4. Short Term (Swing & Momentum Trading)

• Recent price acceleration and breakout dynamics suggest Hyperliquid could offer attractive short-term opportunities on technical pullbacks—especially above the core supports at $23.29/$21.82.
• Constructive short horizons may target retests of the $26–$28 resistance band, with the potential for quick rotations should overall DeFi market sentiment remain risk-on.

4. Medium Term (1–12 Months)

• The ongoing ecosystem expansion (HyperEVM deployments, DEX upgrades, DeFi/NFT integrations) paves the way for higher engagement.
• Consensus analyst target ($33.22) still offers significant upside vs. current prices, providing a compelling reward/risk ratio for patient investors.

4. Long Term (12+ Months, Strategic Accumulation)

• The protocol’s technical foundation, strategic token allocation, and deep engineering team (ex-Harvard, MIT, Caltech) suggest sustained competitive advantages.
• Exposure to a top-tier Layer-1 with deep liquidity, sticky user base, and a growing developer ecosystem aligns with the strongest narratives in coming DeFi cycles.
• Accumulating on technical retracements or ahead of major roadmap milestones (especially protocol upgrades) appears well-founded for long-term portfolio construction.

3. Hyperliquid Price Forecast (2025–2029)

3. Is It the Right Time to Consider Hyperliquid?

Key Strengths Highlighted:

• Hyperliquid delivers explosive growth (+530% YoY), strong adoption, and technical innovation, positioning it as a pivotal Layer-1 DeFi asset.
• Exceptional liquidity, deep community engagement, and integration potential underscore its role as a foundational building block for decentralized finance.
• Consensus bullish technicals, powerful structural differentiators (zero gas, true on-chain order book), and ongoing protocol upgrades create an optimal backdrop for further appreciation.

Optimistic Outlook & Conviction-Driven Opportunity:

• The technical, on-chain, and fundamental backdrops for Hyperliquid all converge toward a scenario where current price levels appear to represent a strong opportunity for both proactive trading and longer-term portfolio positioning.
• Forward projections indicate that Hyperliquid could well embark on a new bullish phase, especially as the DeFi ecosystem enters its next evolutionary stage in 2025–2029.

With DeFi infrastructure demand soaring and the market increasingly rewarding high-performance, utility-driven protocols, Hyperliquid commands attention as an asset whose fundamentals justify renewed investor focus. The technical setup suggests a robust entry point, while the strategic roadmap and ecosystem momentum align for substantial potential gains.

Hyperliquid remains a high-volatility digital asset offering excellent opportunities for dynamic investors—demanding prudent risk management. The recent acceleration in price action underscores its ability to produce sharp, outsized moves; nonetheless, as the macro setting continues to evolve, selectivity and active monitoring are advised. Key technical levels to watch are $23.29 (immediate support) and $28.72 (major resistance), while the upcoming protocol upgrade in Q2 2025 could be a decisive catalyst for Hyperliquid's future trajectory.

How to buy Hyperliquid?

It’s simple and secure to buy Hyperliquid (HYPE) cryptocurrency online through a regulated exchange. There are two main ways to invest: either by directly buying HYPE coins and owning them in your wallet (“spot” purchase), or by trading on the price through crypto CFDs (Contracts for Difference), where you don’t actually hold the token. Each method has its advantages regarding risks and returns. You’ll find a detailed comparison of trusted US platforms further down this page to help you select the best option.

Spot Purchase

Spot purchase means you buy real HYPE tokens and store them in a personal crypto wallet or on an exchange, giving you full ownership of the asset. On most US-regulated exchanges, fees are typically a fixed commission per transaction—usually around $5 for a standard order.

Example

Suppose Hyperliquid trades at $25.55 per token. With a $1,000 investment, after deducting a $5 transaction fee, you can buy approximately $995 ÷ $25.55 ≈ 38.95 HYPE tokens.

✔️ Gain scenario:
If the price of HYPE increases by 10%, your holding becomes worth $1,100.
Result: $100 gross gain, or +10% on your original investment.

Trading via CFD

With crypto CFDs, you speculate on the price movement of HYPE without ever owning the tokens. Instead, you open a trading position that reflects the token’s price. CFD trading involves two main costs: the spread (the difference between buy and sell prices) and possible overnight funding fees if you keep your position open for more than a day. CFDs also allow you to use leverage—meaning you can amplify your exposure compared to your initial stake.

Example

You open a CFD on Hyperliquid with $1,000 and use 5x leverage.
You’re now exposed to $5,000 worth of HYPE.

✔️ Gain scenario:
If HYPE rises by 8%, your position gains 8% × 5 = 40%
Result: $400 profit on your $1,000 investment (excluding fees).

Final Advice

Before choosing how to invest in Hyperliquid, carefully compare platform fees, minimum requirements, and user conditions. The right approach depends on your goals and investing experience: spot purchase suits those seeking direct ownership, while CFDs can be attractive for active traders seeking flexibility and leverage.
A detailed comparison of licensed US platforms is available further down this page to help you make the right choice.

Our 7 tips for buying Hyperliquid

The latest news from Hyperliquid

Hyperliquid records a 17.18% price increase in one week and $1.3 billion market cap gain.
Over the past seven days, Hyperliquid (HYPE) has significantly outperformed major crypto benchmarks, with its price surging by 17.18% and its market capitalization expanding by $1.3 billion. The current token price stands at $25.55, placing it among the top 20 DeFi tokens by market cap. The trading volume and liquidity have remained high, with a daily average above $143 million, and the project’s growth momentum is confirmed by positive sentiment among US-based traders and analysts, who see Hyperliquid as a leading decentralized derivatives exchange, recognized for its robust Layer-1 infrastructure.

US trading sentiment stays bullish, as 86% of technical indicators predict further upward movement for HYPE.
Hyperliquid’s technical landscape remains highly favorable in US markets: 18 out of 21 key technical indicators are currently showing bullish signals. Recent breakouts above critical moving averages (20-, 50-, and 100-day) are interpreted as clear long entry signals by US-based crypto analysts. Although the Relative Strength Index (RSI) reads 71.26—suggesting overbought conditions—a strong “greed” sentiment persists (index at 73), and market consensus anticipates further upside, with US analysts projecting a 30% price appreciation toward $33 in coming months.

Hyperliquid’s daily exchange volume posts new records, outpacing analyst expectations and driving adoption among US users.
The Hyperliquid platform set new records in transaction activity this week, crossing a daily average of $7.3 billion in derivatives trading. This figure exceeds recent projections, reflecting robust institutional and retail engagement—particularly among US participants who now comprise a rising share of the platform’s 658,000+ active users. The surge is attributed to Hyperliquid’s gas-free transactions and sub-second finality, features well-aligned with evolving regulatory expectations and user demands in the United States.

The HyperEVM ecosystem expansion enables US developers to build DeFi apps directly on Hyperliquid’s proprietary blockchain.
A key catalyst for Hyperliquid’s momentum has been the rollout of HyperEVM, an Ethereum-compatible virtual machine integrated with the project’s high-throughput Layer-1 chain. US-based developers now benefit from an improved framework for building, testing, and deploying financial applications natively within the Hyperliquid ecosystem, leveraging its unique HyperBFT consensus and 200,000 transactions-per-second throughput. This technological edge is attracting attention from US DeFi entrepreneurs looking to migrate or cross-deploy liquidity and services.

Recognized US-based talent and collaborations further reinforce Hyperliquid’s institutional credibility and market positioning.
Hyperliquid’s core team consists of alumni from elite institutions, including Harvard, Caltech, and MIT, which has strengthened its reputation among American institutional investors and crypto-native funds. Strategic dialogues are ongoing with major US-based DeFi projects and exchanges, further underlining Hyperliquid’s commitment to regulatory compliance and sustainable growth in the US market, while positioning it as a credible, innovative contender in the global crypto-derivatives landscape.

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.