Should You Buy Hyperliquid in 2025?

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At HelloSafe, our expert has been closely monitoring the Hyperliquid cryptocurrency for over three years. Each month, hundreds of thousands of users across South Africa trust us to analyse market trends and identify the best 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 any compensation from entities associated with its ecosystem.

Hyperliquid in brief

How much does 1 Hyperliquid cost?

The price of Hyperliquid is rising this week. As of now, HYPE trades at R621.70, up 1.90% over the past 24 hours and gaining 6.6% in the last week. With a market cap of R207.73 billion, average daily trading volume over the past three months is around R4.40 billion. Hyperliquid currently ranks 11th by market capitalization, with 333.93 million HYPE in circulation and a market dominance of 1.3%. While its growth draws strong attention on the South African crypto market, potential investors should be aware of the high volatility typically seen at this stage.

Our complete opinion on the Hyperliquid cryptocurrency

Have Hyperliquid’s recent performance, ecosystem milestones, and market positioning set the stage for a new bullish cycle? After dissecting HYPE’s last 36 months—through the lens of on-chain analytics, technical signals, comparative valuations, and competitor intelligence powered by our proprietary algorithms—the data points to a notable inflection. So, why could Hyperliquid emerge in 2025 as a strategic entry point within the DeFi and Layer 1 infrastructure landscape?

Performance and Market Context

Recent Price Evolution

Hyperliquid (HYPE) continues to outperform most crypto Layer 1 peers since its listing, with the current spot price at $34.16 USD—representing a 797% rally off its all-time low ($3.81, Nov. 2024) and a robust 6.6% gain over the past week. In May 2025 alone, HYPE touched $39.68, just shy of a fresh ATH.

Liquidity metrics remain equally convincing: daily spot turnover persists above $241M USD, among the highest in DeFi-native assets. Market capitalization has crossed $11.41B, now placing HYPE in the global top 11 cryptocurrencies, with a $34.16B fully diluted valuation (FDV), confirming institutional scaling potential.

Recent Positive Developments

• Official listing on Binance US, driving a 6% price surge intra-session and heightening U.S. exposure.
• Launch of synthetic perps on Coinbase, opening new liquidity corridors.
• Hyperliquid platform declared most profitable blockchain of May ($72.3M in profits, per DeFi analytics), surpassing longstanding rivals.
• Market share exceeds 30% of decentralized perpetual contracts, capturing volume previously dominated by Binance and dYdX.

These factors anchor Hyperliquid’s credibility and provide proof of execution far beyond whitepapers.

Macro & Sector Catalysts

Crypto macro headwinds have generally abated since Q1 2025. Regulatory frameworks in the U.S. show relative clarity; risk appetite is returning to innovative sectors like DeFi. Capital rotation into on-chain derivatives infrastructure provides tailwinds for protocols—such as Hyperliquid—that unite high velocity, security, and resilience. If BTC strength endures, sectoral flows into high-growth L1s remain likely through 2025.

Technical Analysis

On-Chain and Price Signals

• RSI (14d): Currently at 55.33—neutral to slightly bullish—leaving room for upside before overbought territory.
• MACD: Continues in a strong bullish phase with sustained upward crossovers and expanding positive histograms.
• Moving Averages: 92.86% of all tracked MAs trending positive; 3d-SMA now prints at $26.75, confirming a multi-session uptrend.
• Support Zones: Firm near $28.98 (primary) and $26.30 (secondary), delineating what appear to be robust accumulation pockets.
• Breakout Levels: $35.03 is a key resistance—its test and confirmation will signal acceleration towards $39.87 and new highs.
• Historic Volatility: Explosive, but the high-low range has contracted in Q2 2025, indicating improving price discovery and a foundation for trend continuation.

Short- to medium-term momentum is objectively constructive, with higher lows and resilient high-volume inflows at technical supports—usually a precursor to renewed advances.

Fundamental Analysis

Adoption, Partnerships & Ecosystem Momentum

• Fastest average transaction finality (
• Zero gas fees for trading—unique versus most L1s, improving user experience and attractiveness for institutions.
• Decentralized, VC-independent capital structure and an elite founding team (Harvard, Caltech, MIT), reinforcing trust and governance robustness.
• Deep DEX liquidity, with 70.44% of trading still native to its platform, but supported by global expansion (Binance US, KuCoin, Gate.io).
• Practical DeFi integrations expanding—on-chain synthetic assets, permissionless listing framework, and planned rollouts for NFT financial primitives.

Relative Valuation

• Market Cap ($11.41B) vs. FDV ($34.16B): HYPE’s circulating supply design restrains excess inflation risk, keeping valuation discipline intact compared to L1 and DeFi analogues.
• Exchange Dominance: Now #11 crypto by market cap, consistently ranked as a “core holding” among funds targeting DeFi growth.
• Trading Volumes: Sustained daily volume ($241M) signifies credible market trust and healthy float, critical for orderly price action.

Structural Edges

• Deflationary Tokenomics: Buyback-and-burn mechanisms are scheduled as ecosystem revenues scale, directly benefiting long-term holders.
• On-chain Orderbook: Fully transparent, real-time settlement without third-party intermediaries—differentiating vs. AMM-only DEXs.
• Self-funded Model: No VC overhang or unlock risk, limiting future dilution—rare in the current landscape.
• Community & Governance: Incentive-aligned, with tokenholder-driven protocol upgrades advancing throughout 2025.
• Proven Profitability: $72.3M profit for May 2025—blue-chip territory in DeFi.

Volume & Liquidity

• Liquidity Depth: Orderbook resilience and 24h volume ($241M USD) enable both retail and institutional scale entries and exits.
• Global Accessibility: Increasing exchange venues and fiat onramps are democratizing participation.
• Market Positioning: The transition from emerging DeFi to established on-chain infrastructure is almost complete, evidenced by sustained market share and dominant trading data.

Key Catalysts Ahead

• Roadmaps hint at upcoming protocol upgrades, Layer-2 integrations, and new DeFi products targeting institutional order flow.
• Anticipated ecosystem partnerships in the NFT and synthetic asset domains expected H2 2025.
• Regulatory clarity in the U.S. and key EMs could trigger further institutional allocations.
• Buyback programs, combined with increased trading and staking options, may reinforce the deflationary narrative.
• Strategic announcements around interoperability and multi-chain access likely to enhance network effects.

Investment Strategies by Horizon

Short Term (1–3 months)

• Positioning at pullbacks near $28–30 has proven historically robust, given the confluence of volume supports. With ongoing bullish momentum and headline catalysts, HYPE may test and possibly break its recent resistance ($35.03).
• Sharp news-driven spikes around Binance US and Coinbase listings often present high-alpha windows.

Medium Term (6–12 months)

• Growth in platform revenues and the scheduled rollout of protocol upgrades could sustain an elevated risk/reward balance. Entering before major DeFi/NFT launches or Layer-2 partnerships would appear tactically sound.
• Watch for sustained closes above $39.87 to confirm a longer-term trend acceleration phase.

Long Term (1–3+ years)

• For investors seeking pure-play DeFi infrastructure, Hyperliquid’s combination of technical advantages, proven profitability, VC-independence, and increasing adoption positions HYPE as an attractive hold for multi-year appreciation. Progressive deflationary policies and ecosystem expansion further amplify the asset’s asymmetric upside potential.
• Proactive accumulation during periods of sector rotation or broad market consolidation will likely underpin future leadership.

Hyperliquid Price Forecast

Is Now the Right Time to Buy Hyperliquid?

Hyperliquid presents a compelling confluence of positive momentum, operational excellence, and capital market confidence. Its technical structure remains resolutely bullish; on-chain and fundamental indicators affirm sustainable growth and market traction. With market-defining upgrades, high-profile exchange integrations, and a robust product pipeline, HYPE appears well-positioned for further value creation.

The underlying data argues that HYPE represents an excellent opportunity in the current DeFi/L1 reshuffling, especially given its unique combination of speed, transparency, and profitability. While volatility is intrinsic, the project’s structural strengths and consistent delivery justify renewed interest from discerning investors seeking high-conviction digital asset exposure.

Hyperliquid remains a high-volatility cryptocurrency that offers dynamic investment opportunities—demanding disciplined risk management. The recent price acceleration showcases Hyperliquid’s capacity for powerful, rapid moves; the evolving macroeconomic context suggests selectivity will remain essential. Key technical levels to watch are R630 as an immediate support and R720 as a major resistance. The upcoming protocol upgrade, projected for Q3 2025, could prove a pivotal catalyst for Hyperliquid’s next market phase.

How to buy Hyperliquid?

Buying Hyperliquid (HYPE) cryptocurrency online is simple and secure, especially when using a regulated and reliable platform. Investors in South Africa have two main methods: spot buying, where you directly own HYPE tokens in your wallet, and trading Hyperliquid via CFDs (Contracts for Difference), allowing you to speculate on its price without owning the coin. Each method has its own advantages in terms of risk and flexibility. To help you choose the right provider, see the platform comparison further down this page.

Spot purchase

Spot purchase means directly buying and holding Hyperliquid (HYPE) in your personal wallet. This gives you real ownership of the coins—you can store, send, or sell them at any time. Most platforms charge a fixed transaction fee, often from ZAR 50 to ZAR 150 per trade, depending on the provider.

Example

Suppose the current price of Hyperliquid is $34.16 (about ZAR 635) per coin. With an investment of ZAR 20,000 (about $1,100), you can buy approximately 31 HYPE tokens, after accounting for about ZAR 100 in transaction fees.

• Gain scenario: If the price increases by 10%, your holdings would now be worth around ZAR 22,000.
• Result: ZAR 2,000 gross profit, i.e. +10% on your investment.

CFD trading

Trading Hyperliquid with CFDs allows you to bet on price movements without owning the actual tokens. Instead, you open a contract tracking the price of HYPE, which can be leveraged up to 5x or more. Fees generally include a spread (the gap between buy/sell prices) and overnight funding costs if you hold your position overnight.

Example

You open a CFD position on HYPE with ZAR 20,000 and 5x leverage, meaning your market exposure is ZAR 100,000.

• Gain scenario: If HYPE rises by 8%, your position gains 8% × 5 = 40%.
• Result: ZAR 8,000 profit (before fees), on your initial ZAR 20,000.

Final advice

Before you invest, always compare the fees, spreads, and platform conditions, as these can significantly impact your net returns. The right method depends on your objectives and experience—spot purchases suit long-term holding, while CFDs offer flexibility but require extra caution. Find a detailed comparison of leading platforms below to make an informed choice.

Our 7 tips for buying Hyperliquid

The latest news from Hyperliquid

Hyperliquid’s recent listing on Binance US and addition of perpetuals to Coinbase catalyzes institutional credibility. Throughout the last week, Hyperliquid (HYPE) saw notable attention after announcements of its listing on Binance US and the imminent launch of Hyperliquid perpetual contracts on Coinbase. This marks a significant milestone for broader market accessibility, particularly for investors and traders in markets such as South Africa (ZA), who benefited from improved ease of access via globally recognized exchanges. The dual listing contributed to a 6% price appreciation, reinforcing Hyperliquid’s institutional legitimacy and expanding potential liquidity sources for South African market participants, since both Binance US and Coinbase are widely used as reference prices by local trading desks and over-the-counter desks.

Exceptional revenue generation positions Hyperliquid as the most profitable blockchain of May, reflecting strong DeFi traction. In May 2025, Hyperliquid achieved $72.3 million in profits, establishing itself as the top-earning blockchain for the month and sustaining daily revenue levels above $1.14 million since December 2024. The strong financial performance was driven by its high-volume decentralized perpetual trading operations, with $248 billion traded in May alone—capably capturing over 10% of previous Binance volume. This resilience and revenue growth underpin the project’s attractiveness for ZA market participants seeking DeFi exposure to mature, high-performing protocols, especially as South Africa witnesses increasing retail and institutional adoption of on-chain derivatives solutions.

Hyperliquid enters the global top 11 cryptocurrencies by market capitalization, attracting heightened analyst interest and visibility. Climbing into the top echelons of the cryptocurrency rankings signals a substantial leap in both mainstream attention and perceived stability. For ZA-based investors and funds, this ascent amplifies the relevance of HYPE in strategic portfolio considerations, supported by its $11.41 billion capitalization and robust trading volume. Heightened solvency and visibility often translate to more favorable terms with local liquidity providers and custody solutions in South Africa, as the token gains stature as a serious asset alongside established major coins.

Technical indicators remain bullish, with 92.86% of moving average signals supporting upward momentum. Analysis as of June 7th shows that HYPE maintains a neutral 14-day RSI of 55.33 but enjoys overwhelmingly positive signals from technical moving averages—over 92% indicating bullishness. Supported by a multi-week price increase of 6.6% and well-established support levels at $28.98 and $26.30, these technical factors provide confidence to South African traders and investment committees considering tactical or momentum-driven allocations, particularly amidst the broader trend of surging demand for advanced DeFi assets locally.

Hyperliquid’s fundamental innovation, including Layer-1 architecture and zero-gas trading, sets it apart for South African DeFi innovators. Hyperliquid’s proprietary Layer-1 blockchain delivers sub-second transaction finality, gas-free trading, and can handle 100,000 orders per second, setting a new global standard for trading efficiency and user experience. For the burgeoning ZA DeFi ecosystem, these features resonate deeply: local developers, fintechs, and professional market participants can leverage true on-chain order books and the network’s robust, self-funded architecture, all while benefiting from a strong technical team sourced from top-tier institutions. This creates fertile ground for partnerships, integrations, and product development aimed at Africa’s rapidly digitalizing financial markets.

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.