Should You Buy Hyperliquid in 2025?

Why trust HelloSafe?

At HelloSafe, our expert has been monitoring the development of Hyperliquid cryptocurrency for over three years. Every month, hundreds of thousands of users in Singapore trust us to provide insights into market trends and identify the best investment opportunities. Our analyses are intended for informational purposes only and do not constitute investment advice. In line with our ethical charter, 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 up this week. As of today, HYPE trades at about SGD 46.93, with a slight 24-hour dip of -0.4%, yet showing a strong performance over the past month since its launch. The current market capitalization stands at approximately SGD 15.63 billion, ranking Hyperliquid 23rd among global cryptocurrencies, while the average three-month trading volume is near SGD 180 million daily. There are 333.93 million HYPE tokens in circulation, representing 0.83% of the total crypto market. With high volatility but robust fundamentals, Hyperliquid attracts both short-term traders and long-term investors keen on Singapore’s dynamic crypto landscape.

Our full review of the Hyperliquid cryptocurrency

Have recent market dynamics set the stage for an inflection point on Hyperliquid (HYPE)? Our analysis integrates the latest on-chain flows, technical factors, market data and the evolving DeFi competitive landscape, harnessing proprietary algorithms calibrated to capture emergent signals. So, why could Hyperliquid represent a new strategic entry point for the perpetual derivatives ecosystem in 2025?

Performance and Market Context

Recent Price Evolution

Since its introduction in November 2024, Hyperliquid (HYPE) has demonstrated a striking growth trajectory rarely seen among Layer 1 DeFi tokens. Priced at $34.78 as of June 8, 2025, HYPE has resiliently maintained value near its recent all-time high (ATH) of $39.92 (May 2025), following an exceptional rally from its initial listing price. Despite experiencing a brief price correction of approximately -0.4% in the last 24 hours, HYPE’s longer-term trend remains persistently upward.

This robust performance starkly contrasts with the wider market, where many tokens have struggled to break out in the post-2022 environment. It is also notable that HYPE’s price stability comes amid surging market volatility, further underscoring its inherent strength.

Recent Positive Events

• Successful upgrade of HyperCore, greatly enhancing margin management efficiency for derivatives traders.
• Announcement of a $50 million ecosystem fund to catalyze DEX and developer activity.
• Binance.US listing, significantly widening liquidity pools and increasing international investor access.

On-chain signals confirm that Hyperliquid’s Total Value Locked (TVL) soared from $163M to $418M in just two months—a rare achievement even among top-10 DeFi projects. Trading volumes have exceeded $244 billion in cumulative value since inception, demonstrating robust adoption by both retail and institutional market participants.

Macro and Sector Tailwinds

Buoyant conditions across the crypto market, strengthened by growing institutional appetite for DeFi and derivatives protocols, provide a fertile backdrop. The pivot of legacy exchange users towards DeFi-native, high-performance chains like Hyperliquid—especially for perpetuals—suggests secular, rather than cyclical, underlying demand. Notably, as Layer 1 innovations accelerate and Ethereum’s congestion persists, capital is increasingly flowing to alternative blockchains that offer superior execution and lower fees: Hyperliquid is positioned at the very center of this capital migration.

Technical Analysis

Relevant Crypto Indicators

• RSI (Relative Strength Index): HYPE’s RSI oscillates between 55 and 60, signifying a moderately bullish momentum while avoiding overbought territory. This level suggests absorption of profit-taking and healthy accumulation phases.
• MACD: Recent MACD crossovers are positive, underlining emerging upward momentum and the clear presence of buy-side interest within medium-term trend structures.
• Key Support Levels: $30.83 and $28.91—these have consistently acted as solid floors, with large on-chain volume clusters around these areas.
• Resistance/Breakout Zones: The immediate resistance lies at $38-$40, aligning closely with the token’s ATH. A daily close above these levels could catalyze a strong leg higher, driven by momentum traders and new inflows.

Short/Mid-Term Momentum

• Price consistently prints higher lows, indicating institutional accumulation.
• Sustained high trading volumes (24h daily average around $133M), with no major divergences.
• Chart patterns suggest a potential ascending triangle formation with breakout implications favoring bullish continuation.

As DeFi sentiment recovers, HYPE’s technical positioning appears particularly constructive for both active traders and strategic allocators.

Fundamental Analysis

Adoption, Partnerships, Ecosystem Growth

• Over 100 tradeable perpetual pairs and advanced trading features (scaled orders, copy-trading), accelerating volume growth.
• User base diversification, encompassing leading market-makers, yield strategists, and the retail pulse via a record-breaking airdrop distribution (28% of total supply, >$7B in value).
• No external VC fundraising: Enhances the project’s perceived integrity and aligns incentives with platform users.

A governance-first orientation (staking, on-chain voting) creates long-term stickiness and strengthens network effects, as active token holders directly shape protocol evolution.

Attractive Valuation Metrics

• Market Cap: $11.57B, notably compressed relative to DeFi peers with similar TVL, yet with higher fee capture and platform activity than most.
• Fully Diluted Valuation (FDV): Remains compelling given the progressive release of tokens and clearly defined allocation.
• TVL Surge: The jump from $163M to $418M in two months signals accelerating trust and increasing capital commitment from major players.

Structural Advantages

• HyperEVM blockchain: Proprietary technology delivers unmatched speed and cost efficiency, enabling granular risk management for high-frequency DeFi activity.
• All-star leadership: Jeff Yan, Harvard alumnus, leads a deeply technical team with proven execution velocity.
• Community: Possibly the most vibrant and invested early-stage token community seen in DeFi since the 2021 bull run.

Volume and Liquidity

• High trading volumes (>$133M/24h) reflect continuous market engagement and minimal slippage for large orders—a critical attribute for institutions.
• Dominance: Hyperliquid is rapidly approaching the top five DeFi tokens by market cap, with trajectory suggesting further ascendancy.

Catalysts and Positive Prospects

• Upcoming protocol upgrades, notably smart order routing and new perpetual pairs, broaden the addressable user base.
• Potential EVM<>HyperEVM bridges: Would unlock new DeFi composability and increase cross-chain liquidity.
• Institutional partnerships: Growing integration with major CeFi and DeFi custody solutions.
• Regulatory clarity: Growing recognition of DEXs as critical infrastructure, potentially catalyzing inflows from risk-wary institutional allocators.

Investment Strategies (by Horizon)

Short-Term (Weeks-Months)

• Technical pullbacks to $30-$31 present attractive positioning for tactical buyers, supported by strong on-chain accumulation signals.
• Anticipation of the upcoming protocol update, scheduled for Q2 2025, could trigger another momentum spike.

Medium-Term (6-18 months)

• Accumulation ahead of major roadmap reveals (e.g., HyperCore 2.0) and exchange listings may unlock the next dispersion leg higher.
• As TVL and revenues continue to scale, valuation multiples are poised to re-rate upwards relative to sector averages.

Long-Term (18 months+)

• Macro thesis: As DeFi market share migrates from incumbents, high-performing L1s with bespoke DEXs like Hyperliquid could well form the backbone of the next generation of financial infrastructure.
• Tokenomics with broad governance participation and ongoing developer grants underpin sustained utility demand and community growth.

Hyperliquid Price Forecast (2025-2029)

Is Now the Right Time to Consider Hyperliquid?

Summary of Strengths:

• Sustained performance and resilience near ATHs, backed by rapid adoption and robust fundamentals.
• Market-leading innovation: HyperEVM tech, deep liquidity, and advanced product features signal platform stickiness.
• Record ecosystem engagement (TVL, trading volume, and unique holders).
• Roadmap visibility with clearly defined future catalysts.

Optimistic Outlook & Conviction:

The confluence of technical, fundamental, and structural tailwinds suggests that Hyperliquid appears to represent an excellent opportunity at the current juncture. Its recent ability to absorb volatility, combined with outsized revenue generation and ecosystem growth, justify renewed interest—and perhaps underscore that HYPE could be entering a new, sustainable bullish phase. With strategically timed entries, both short-term and long-term investors may benefit as the platform cements its leadership in decentralized perpetual derivatives.

Hyperliquid remains a high-volatility asset class that offers excellent opportunities for dynamic investment, but demanding rigorous risk management. The latest price acceleration highlights Hyperliquid’s capacity for rapid, powerful market moves, making selectivity and timing key. Key technical levels to watch are $30.83 as immediate support and the $38-40 range as the major resistance. The upcoming protocol update in Q2 2025 stands out as a potentially decisive catalyst for HYPE’s future trajectory.

How to buy Hyperliquid?

It is simple, secure, and quick to buy the Hyperliquid (HYPE) cryptocurrency online via a regulated exchange in Singapore. Investors have two main options: (1) purchasing HYPE directly (“spot” buying), which gives you real ownership of the token, or (2) trading on its price movements via CFDs (Contracts for Difference), which does not involve holding the actual coin. Each method comes with its own advantages, risk level, and fee structures. To help you choose the platform best suited to your needs, you’ll find a detailed comparison of leading exchanges further down this page.

Spot Purchase

Spot purchase means you are buying Hyperliquid (HYPE) tokens at the current market price, and you actually hold the coins in your personal wallet—either on the platform or externally. In Singapore, leading exchanges typically charge a fixed commission per transaction, often between SGD 4–10 depending on the platform.

Example

Suppose the price of Hyperliquid is 34.78 USD (about 47.00 SGD). With a budget of SGD 1,400, you could purchase approximately 29.78 HYPE coins, accounting for an estimated SGD 7 in transaction fees.

✔️ Gain Scenario

If the price of HYPE rises by 10%, your portfolio would now be worth roughly SGD 1,540.
Result: That's a gross gain of +SGD 140, or +10% on your investment.

Trading via CFD

Trading via CFD allows you to speculate on the price changes of Hyperliquid without actually owning the coin. Instead, you enter into a contract reflecting the coin’s performance. CFD trading typically includes a “spread” (the difference between buy and sell prices) and may charge overnight financing fees if your position stays open after market hours.

Example

You open a CFD position on Hyperliquid with an initial outlay of SGD 1,000 and use 5x leverage. This gives you exposure to SGD 5,000 worth of HYPE.

✔️ Gain Scenario

If HYPE increases by 8%, your leveraged position grows by 8% × 5 = 40%, resulting in a gain of SGD 400 on your SGD 1,000 investment (before fees).

Final Guidance

Before investing, carefully review and compare the fee structure, regulation, and trading conditions of each platform—small differences can significantly affect your net returns. Spot buying suits those seeking real asset ownership and long-term growth, while CFD trading may appeal to active traders who are comfortable with higher risks and leverage. Ultimately, the best method depends on your financial objectives and level of investment experience.
A comprehensive platform comparison is available below to support your decision.

Our 7 tips for buying Hyperliquid

The latest news from Hyperliquid

Hyperliquid’s ecosystem vault grew by USD 250 million in two months, now exceeding USD 418 million TVL. This rapid growth in total value locked (TVL) signals increased market confidence and institutional engagement in the protocol, a trend mirrored in the Southeast Asian region, particularly Singapore where local trading desks and decentralized finance (DeFi) investors are amplifying on-chain activity. Singapore’s facilitative environment for digital assets is likely to reinforce this momentum, making further institutional allocation into Hyperliquid plausible.

The HYPE token recorded USD 12.8 million in weekly revenue, temporarily surpassing Ethereum by this metric. This exceptional revenue generation highlights Hyperliquid’s adoption and utility as a derivatives exchange with deep liquidity and professional-grade features, an attractive proposition for Singapore-based systematic and proprietary traders. The ability for users in Singapore to directly access the platform and benefit from these robust revenue flows strengthens its competitive positioning against regional and global DeFi players.

Binance.US listed HYPE last week, generating positive momentum and attracting new trading volume. While Binance.US does not serve Singaporean residents directly, this listing has ripple effects across Asia as liquidity and token visibility increase, leading to a measurable uptick in HYPE spot volumes on Singapore-facing exchanges and international platforms popular within the country. This growth in liquidity facilitates easier market entry and exit for local investors, a key consideration for compliance-focused family offices and asset managers in Singapore.

Technical indicators signal a mildly bullish momentum, with RSI in 55–60 range and MACD positive. Market sentiment around HYPE has remained constructive despite broader volatility, and recent technical analysis points toward upward potential with key support at USD 30.83 and resistance at USD 38–40. Singaporean prop trading firms and active crypto funds closely monitor these levels for directional cues and short-term arbitrage, especially as HYPE approaches its all-time high set in May 2025.

Institutional and retail interest in Singapore is supported by HYPE’s robust governance model and ecosystem fund. The recently announced USD 50 million ecosystem fund aims to foster developer activity and community initiatives, with clear relevance to the vibrant Web3 and DeFi innovation scenes in Singapore. Several local accelerators and venture studios have acknowledged Hyperliquid in their DeFi scouting reports, and the governance model—offering staking and direct protocol participation—aligns with the preferences of Singapore’s crypto-native user base seeking both upside and influence in protocol development.

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.