Should You Buy Hyperliquid in 2025?

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At HelloSafe, our expert has been closely monitoring the evolution of the Hyperliquid cryptocurrency for over three years. Every month, hundreds of thousands of users in India trust us to analyze market trends and help identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical standards, HelloSafe has never purchased Hyperliquid nor received any compensation from entities associated with its ecosystem.

Hyperliquid in brief

How much does 1 Hyperliquid cost?

The price of Hyperliquid is on the rise this week. As of today, HYPE is trading at ₹2,853.60, reflecting a 2.27% increase over the past 24 hours and an impressive 8.2% growth in the last week. The market capitalization stands at approximately ₹953.4 billion, with an average 3-month daily trading volume of ₹19.5 billion, positioning Hyperliquid at the 23rd rank among global cryptocurrencies. There are currently 333.9 million HYPE tokens in circulation, representing a 0.55% market dominance. Investors should note the high volatility, making Hyperliquid both a dynamic and risky opportunity in the evolving Indian crypto landscape.

Our complete review of the Hyperliquid cryptocurrency

After analysing the latest market trends for Hyperliquid (HYPE), as well as its evolution since inception, we have synthesized data from on-chain metrics, technical signals, market snapshots, and the evolving DeFi landscape using our proprietary algorithms. This multifactorial approach allows for a rigorous appraisal of HYPE’s positioning and forward potential. So, why could Hyperliquid once again represent a strategic entry point in the competitive on-chain derivatives and Layer 1 ecosystem in 2025?

Performance & Recent Market Context

Recent Price Evolution

Hyperliquid (HYPE) has demonstrated extraordinary volatility and price appreciation since its launch in November 2024. At the time of writing, HYPE stands at $34.15 USD, a remarkable increase of over 797% from its all-time low of $3.81, reached less than six months ago. The token marked a new all-time high at $39.68 on May 26, 2025, before entering a consolidation phase.

• Weekly Price Action: Up +8.2% over the last 7 days, outperforming most major DeFi and Layer 1 peers.
• Intraday Momentum: Registers a healthy +2.27%, signalling active trading interest and short-term influxes in liquidity.

These sharp increases coincide with a cycle of new listings, technological releases, and amplified ecosystem growth, all supported by notably high trading volumes.

Recent Positive Events

HYPE’s price surge is catalyzed by several developments:

• Binance.US Listing: On June 6, 2025, HYPE was listed on Binance.US, expanding its reach to a significant pool of US and global retail investors.
• Successful Airdrop: The launch airdrop of 310 million tokens (31% supply) generated substantial buzz and a diversified holder base, rapidly building network effects.
• Integrations: New partnerships, including Farcaster multi-chain support, have made Hyperliquid’s ecosystem more resilient and interoperable.
• Gamified Points System: Since June 2025, the distribution of 800,000 points per week is driving strong participation and reinforcing network activity.

Sector & Macro Tailwinds

Hyperliquid’s ascent is aligned with macro-level tailwinds:

• The resurgence of on-chain derivatives trading, with DEXs capturing record flows as both institutional and retail users seek decentralized alternatives.
• 2024-2025 have re-energized investment in next-gen Layer 1s capable of high-throughput, low-cost settlement—a clear vector that plays to Hyperliquid’s technical strengths.
• Investor sentiment on cryptoassets remains decisively bullish, with a 67% positive/33% negative ratio across community and trading forums according to the latest surveys.

Technical Analysis

Key Technical Indicators

• Relative Strength Index (RSI): Sits at 55, indicating a neutral momentum. This leaves room for further upside before entering overbought territory.
• MACD: Currently signals mild bearishness with a crossover below the signal line; nonetheless, no decisive breakdown has materialized.
• Moving Averages: Concrete support established at $30–$31.5, with major resistances at $37.2 and $39.7.
• Chart Patterns: The recent “Head-and-Shoulders” pattern may indicate short-term exhaustion, but the broader market momentum and ecosystem catalysts appear likely to tip the balance bullish.

Near-Term Structure & Momentum

While technical patterns have revealed intermittent pullbacks, the robust accumulation zones at ~$30 and overwhelming trading activity provide a strong foundation for renewed upward advances. Any dip toward these supports could be interpreted by sophisticated market operators as a technical entry point.

Fundamental Analysis

Accelerating Adoption & Strategic Alliances

• Transactional Volume: Hyperliquid processed $248 billion in perpetuals volume in May 2025, seizing 10% of Binance’s flow—a clear sign of expanding user trust and liquidity depth.
• Ecosystem Funding: A new $50M fund is committed to nurturing projects in the HYPE ecosystem, spurring further developer engagement and protocol composability.
• Onboarding Power-Users: Exchange integrations, multi-chain compatibility, and incentives are strategically amplifying growth across DeFi and institutional channels.

Comparative Valuation & Market Standing

• Tokenomics: With 334M tokens circulating (out of a 1B cap), and a fully diluted market cap of ~$34B, HYPE retains headroom for organic price appreciation as adoption scales.
• Trading Liquidity: Daily spot volume stands at $233M, positioning HYPE among the most actively traded non-Ethereum Layer 1 tokens.
• Market Dominance: Hyperliquid is already considered a top-10 DEX by volume, with high on-chain activity and an ever-increasing share of global perpetuals trading.

Structural Strengths: Technological Innovation & Community

• Next-Generation Blockchain: HyperEVM boasts sub-second finality and a fully on-chain order book capable of handling up to 100,000 orders/second, surpassing many legacy and contemporary chains.
• Zero Fee Structure: Hyperliquid uniquely offers perpetuals trading at zero platform fees—enhancing capital efficiency for active traders and liquidity providers.
• Community Engagement: Airdrop mechanisms and gamified point systems continue to expand an active, sticky user base.

Volume & Liquidity: Outpacing Peers

• Consistent High Volume: HYPE’s trading figures echo those of more mature Layer 1s, with 24h turnover that reflects robust confidence and market participation.
• Institutional Perception: Frequent mentions in institutional research and analyst coverage underline HYPE’s market positioning.

Catalysts & Upside Triggers

• Protocol Upgrade (Q3 2025): The forthcoming HyperEVM enables smart contract deployability and cross-protocol DeFi integrations—an anticipated catalyst for user and capital inflows.
• Ecosystem Expansions: Major projects and applications built on HYPE could trigger compounded network effects and TVL inflows.
• Regulatory Clarity in the US: Ongoing progress on crypto asset regulations may especially benefit compliant DeFi protocols like Hyperliquid.
• Institutional Entry: Recent trends toward DeFi institutionalization set the stage for large-scale actors to adopt Layer 1 platforms with proven volumes and technology.

Competitive Differentiation

While dYdX and GMX remain formidable, Hyperliquid’s value proposition—full decentralization, zero trading fees, and unmatched throughput—sets it apart as a high-conviction bet on the next era of DeFi.

Investment Strategies by Time Horizon

Short-Term (Weeks–Months)

• Active traders: Attractive for momentum trades around support levels ($30–$31.5) or ahead of headline catalysts (e.g., protocol updates, major exchange listings).
• Volatility: Short-term retracements following rapid run-ups can present optimal technical entries for participants attuned to on-chain flows and volume anomalies.

Medium-Term (3–18 Months)

• Anticipating Upgrades: The launch of HyperEVM and increased DeFi composability position HYPE to benefit strongly from sector rotation into high-performing Layer 1s.
• Ecosystem Incentives: Participation in airdrops, staking, or the points system could boost both yield and capital appreciation, especially as ecosystem activity advances.

Long-Term (2–5 Years)

• Structural Growth: For conviction-driven investors, Hyperliquid’s combination of disruptive tech, network effects, and strategic funding opens the door to outperformance versus other L1s and DEX leaders.
• Secular Adoption: With macro tailwinds favoring on-chain derivatives and high-throughput blockchains, a long-term position could be particularly compelling as DeFi’s institutionalization gathers pace.

Entry Timing

• Technical Pullbacks: Positioning near the $30–$31.5 support—especially before major protocol news or upgrades—could offer asymmetric reward potential relative to risk.
• Allocation: As with all high-volatility digital assets, prudent scaling in and robust risk management should remain central to capital allocation.

Hyperliquid (HYPE) Price Projections

Is This the Right Time to Consider Hyperliquid?

Hyperliquid’s recent evolution articulates a compelling narrative:

• Explosive price performance, driven by both unique value propositions and strong ecosystem influx.
• Robust technical foundation, exemplified by HyperEVM’s high throughput, instant finality, and on-chain order book model.
• Substantial ecosystem support—$50M in funding, active developer participation, and cross-chain integrations foster durable network effects.
• Exchange listings, institutional engagement, and DeFi composability consistently add to HYPE’s investor appeal.

Macro and sector fundamentals currently justify renewed attention. The steady growth in user adoption, trading volumes, and ecosystem buildout signals that Hyperliquid could well enter a new bullish phase. While intrinsic volatility remains a factor, the fundamental and technical setup appears aligned for those seeking top-tier crypto exposure with long-term asymmetric upside.

In summary, Hyperliquid offers a unique, future-oriented platform in the evolving DeFi landscape—one that seems to present an excellent opportunity within a meticulously risk-managed investment approach. The imminent HyperEVM upgrade could prove a game-changer, firmly positioning HYPE at the forefront of next-gen decentralized trading infrastructure.

How to buy Hyperliquid?

It is simple and secure to buy the Hyperliquid cryptocurrency (HYPE) online, especially when you use a regulated exchange platform. Indian investors generally have two main options to get exposure to HYPE: direct spot purchase (where you own the actual tokens) or trading Contracts for Difference (CFD), offering leveraged speculation on HYPE’s price movements without needing to handle the coins themselves. Each approach has unique advantages and risk profiles. To help you make an informed choice, you’ll find a practical comparison of key platforms further down the page.

Spot Purchase

Buying Hyperliquid “on the spot” means you directly purchase and own real HYPE coins, which are stored in your crypto wallet. This method offers full possession and control of your tokens, and you benefit from any increase in their market value. On Indian crypto exchanges, transaction fees typically range from 0.1% to 0.5% per trade, often billed as a fixed commission in Indian Rupees (INR) per order.

Example: Spot Purchase

Suppose the price of Hyperliquid is $34.15 per coin (about ₹2,850 at an exchange rate of $1 = ₹83.5). With an investment of ₹83,500 (roughly $1,000), you can buy approximately 29 HYPE coins after accounting for about ₹400 (≈$5) in transaction fees.
✔️ Gain Scenario:
If the price of Hyperliquid rises by 10%, your HYPE holdings would now be worth ₹91,850 (+₹8,350 gross profit), reflecting a +10% return on your investment.

Trading via CFD

CFD (Contract for Difference) trading allows you to speculate on the price changes of Hyperliquid without owning the actual tokens. Instead, you open a position on the platform based on HYPE’s price movements. CFD trading platforms typically charge a spread (the difference between buy and sell price), plus an overnight financing fee if you hold your position overnight—common for leveraged trades.

Example: CFD Trading

You open a CFD position on Hyperliquid using ₹83,500 (about $1,000) with 5x leverage. This gives you market exposure of ₹417,500 (≈$5,000).
✔️ Gain Scenario:
If HYPE’s price goes up by 8%, your position earns 8% × 5 = 40%. That is, you realize a gain of ₹33,400 on your initial stake of ₹83,500, not including fees deducted by the platform.

Final Advice

Before investing, it’s crucial to compare the fees (commission, spread, funding costs) and terms offered by different exchange platforms, as these can significantly impact your final returns. Your choice between spot purchase and CFD trading should reflect your investment goals, risk tolerance, and experience. For a comprehensive comparison of the main platforms available in India, including fees and features, please consult the comparator further down this page.

Our 7 tips for buying Hyperliquid

The latest news from Hyperliquid

Hyperliquid has recorded a robust weekly price increase of 8.2%, driven by record trading and fresh listings. Over the last seven days, HYPE’s value surged as the platform set a new all-time monthly trading record, reaching $248 billion in perpetual contract volumes during May and capturing more than 10% of Binance’s flow—a development that signals deepening market traction among global and regional traders. This momentum was further fueled by HYPE’s Binance.US listing on June 6, 2025, making the token more accessible to Indian users via cross-border platforms accustomed to U.S.-listed digital assets and potentially facilitating regional arbitrage and higher liquidity.

The Hyperliquid ecosystem is poised for further expansion with a newly announced $50 million ecosystem fund and DeFi integrations scheduled for Q3 2025. This newly raised capital is dedicated to supporting projects building on HYPE’s Layer 1 blockchain, a move that aligns with India’s pronounced appetite for DeFi innovation and its fast-growing Web3 developer community. The announced protocol upgrades—including improvements in smart contract tooling via HyperEVM and enhanced cross-chain connectivity—could appeal to Indian builders and early-stage startups focused on on-chain finance, boosting both adoption and ecosystem growth in the region.

Hyperliquid’s innovative zero-fee structure for perpetual trading and high throughput has distinguished it among global DEXs and resonates with India’s cost-sensitive trading community. The Layer 1 protocol’s advantages—most notably, a fully on-chain order book, HyperBFT consensus with near-instant transaction finality, and the capacity to process 100,000 orders per second—translate to tangible efficiency and accessibility for both retail and institutional Indian traders. As transaction costs and execution speed remain top concerns in India’s competitive crypto market, Hyperliquid’s architecture directly addresses these needs, presenting a distinct draw versus more established decentralized exchanges.

Local regulatory clarity remains crucial, but HYPE’s transparent airdrop distribution and staking rewards align with India’s focus on compliant participation and tax reporting. With over 31% of HYPE allocated via audited airdrops, a broad token holder base is ensured, while non-custodial staking appeals to India’s risk-averse investors seeking on-chain yield without exposure to external custodians. However, actual tax treatment for Indian residents hinges on evolving government guidelines, underscoring the need for participants to consult with tax professionals—an approach increasingly mirrored in official communication and trusted platforms in India’s crypto sector.

Sentiment towards HYPE remains positively tilted, with 67% of community outlooks bullish, signaling constructive momentum for the token’s near-term outlook in India. Despite technical signals suggesting imminent volatility—including a possible head-and-shoulders reversal—investor interest is buoyed by continued ecosystem milestones and product rollouts. For professional financial analysts in India, these developments indicate that, while risks tied to price swings and international competition persist, Hyperliquid’s blend of technological innovation and rapidly growing liquidity may offer an attractive strategic asset as the regional crypto landscape matures further.

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.