Hyperliquid is a decentralized alternative to Binance or Coinbase Global. You can connect to the protocol—all without submitting personal details— and trade various coins, including Bitcoin and Ethereum, using high leverage. The trading environment mirrors other crypto perpetual trading platforms: it is fast, capable of processing up to 100,000 transactions per second (TPS), secure, and boasts deep liquidity. Hyperliquid aims to challenge popular centralized exchanges by offering a go-to decentralized option, a goal it has pursued since launching in 2023.

By the end of Q1 2025, it had processed more than $1 trillion in trading volume since its launch. Being on-chain, it offers transparency and security, along with up to 40X leverage on Bitcoin futures. Hyperliquid remains a popular choice for traders. The platform’s native token, HYPE, is central to its operations.

Hyperliquid (HYPE) Price Prediction 2026–2030

In this Hyperliquid price prediction, we’ll examine the DEX’s key features, price potential, and what the future holds for HYPE.

  • End of 2025: Thanks to the macroeconomic conditions, HYPE is bound to face massive volatility for the majority of 2025. Its trading market will remain liquid and the token could see a sharp uptick by the end of the year. But sellers will eventually gain momentum and outshine the bulls come 2026.
  • End of 2026: As of late Q1 2025, HYPE is trading near its early December 2024 levels. However, there are signs of strength, with HYPE finding a solid floor at around $12. Technically, if bullish momentum returns and prices recover from this level, the coin could bounce to $20 and later reach $30. Given its rising popularity, high performance, security, and ongoing development, HYPE may gain traction in the coming months, potentially closing 2025 on a high note before stabilizing between $30 and $60 in 2026.
  • End of 2030: How HYPE performs by the end of the decade hinges on whether crypto finds adoption. As laws are drafted and the United States streamlines regulations to govern the industry, top altcoins like HYPE could benefit. In 2025, there were “games” played taking advantage of Hyperliquid’s vaults, but these issues were immediately addressed. If developers continue improving the protocol, protecting users while the DEX operates smoothly—potentially rivaling exchanges like Binance and Coinbase—the token price could soar, ranging between $70 and $120 by 2030.

Year Market Conditions Price Prediction Key Factors
End of 2025 High volatility, sellers gaining momentum Potential uptick, then decline
Macroeconomic factors, liquid trading market
End of 2026 Signs of strength with a solid floor at $12 $20 to $30, possibly $30 to $60
Bullish momentum, rising popularity, security, and development
End of 2030 Dependent on crypto adoption and regulatory clarity $70 to $120
Regulatory improvements, protocol enhancements, competition with major exchanges like Binance

Hyperliquid price prediction

Hyperliquid Price Prediction 2025–2026

In our Hyperliquid price prediction, we expect HYPE to range between $30 and $60 by the end of 2026. However, there are no guarantees. Cryptocurrency prices, even for some of the best tokens, fluctuate due to market forces. Still, there is strong confidence that HYPE could continue gaining momentum in the near future.

Its high-performance custom Layer-1 blockchain can process up to 100,000 TPS with sub-second finality, making it one of the fastest Decentralized Exchanges on the market—rivaling even some popular centralized exchanges offering similar services.

With an intuitive interface—including one-click trading that eliminates repeated wallet approvals—and advanced trading tools like limit orders and up to 50X leverage, Hyperliquid continues to attract both retail and professional traders. Institutions are also eager to provide liquidity. Users can choose between isolated margin and cross-margin modes, similar to options on Binance or MEXC.

Over the months, Hyperliquid’s liquidity has risen, surpassing $5 billion—a signal that market makers are willing to participate, confident in the protocol’s security—and earning a portion of the DEX’s revenue in the process.

Is Hyperliquid Set on Bullish Trajectory?

Through the Hyperliquid Provider (HLP) vault, anyone can deposit a minimum of 100 USDC, locking it for at least four days to share in the revenue from trading fees and liquidations. Hyperliquid charges a 0.01% maker fee and a 0.035% taker fee on all trades. However, fees will decrease depending on monthly trading volume.

Moreover, Hyperliquid continues to diversify. The launch of perpetual futures trading and Earn—for yield farmers—broadens its product offerings, attracting more users and directly boosting prices.

Following recent “liquidation games” where a trader exploited then-high leverage, changes were made to protect liquidity in HLP vaults. There were also claims that scammers were using Hyperliquid to launder money by exploiting the protocol’s liquidation mechanics.

To combat this, the platform reduced leverage limits for Bitcoin from 50X to 40X and for Ethereum from 50X to 25X. Lower leverage means traders, even those attempting to exploit vaults, can only take smaller positions relative to collateral. This adjustment automatically raised liquidation thresholds and reduced vault exposure to massive price swings. Additionally, Hyperliquid increased margin requirements for large, highly leveraged positions. The DEX raised the minimum margin ratio for margin transfers to 20%.

To improve risk management, leveraged positions over $100,000 are now subject to partial liquidation; only 20% is liquidated at first rather than the full amount. This gives traders a chance to recover while easing the strain on HLP vaults, which previously had to absorb large losses all at once.

Hyperliquid Price Forecast: Long-Term Outlook 2027–2030

By 2030, we predict HYPE will trade between $70 and $120, though this depends on various factors. If Hyperliquid continues to attract traders and market makers, it could increase its share of perpetual crypto trading as adoption grows.

This could lead more traders to prefer a decentralized platform over centralized options, where transactions can be blocked or hacked—as seen with Bybit, which lost over $1.3 billion to alleged North Korean hackers in February 2025.

Integration with other protocols and the expansion of offerings—such as spot swapping, token lending, and staking services—would boost revenue while creating a comprehensive DeFi ecosystem.

Regulatory developments will also be key. If supportive laws foster an environment that drives demand for decentralized platforms like Hyperliquid, HYPE prices could soar. Moreover, investors are watching whether Hyperliquid will follow its roadmap. Over the years, the exchange plans to roll out more features and even expand beyond DEX trading.

In February 2025, they launched HyperEVM, integrating the update as part of the mainnet execution as their journey for Ethereum compatibility begins. With this, HYPE is now used to pay gas fees on the HyperEVM.

Our Hyperliquid Price Prediction Methodology

This Hyperliquid price prediction combines technical analysis—examining historical price trends—and fundamental analysis, where our analysts assess Hyperliquid’s adoption levels. Parameters like liquidity, trading volume trends, and partnerships are critical in gauging the protocol’s growth.

We recognize also that Hyperliquid isn’t the only exchange. New traders often start with centralized platforms before transitioning to decentralized solutions like Hyperliquid. This is a factor we won’t overlook, given the competitive DeFi landscape with alternatives like dYdX and GMX offering similar services.

Additionally, if Bitcoin and top altcoins fail to rally as expected, HYPE could fall short of our predictions. A listing on mainstream centralized exchanges like Binance or Coinbase could also pump prices higher since there will be more traders buying and actively swapping, driving volume higher.

Hyperliquid Price History

The HYPE token generation event (TGE) and launch saw early users receive airdrops on November 29, 2024, following a points campaign that ended in May 2024.

From a total supply of 1 billion HYPE, 31% was allocated to the Genesis airdrop, with no venture capital funding. Approximately 39% was reserved for future emissions and community rewards.

The 23.8% allocated for the community will begin unlocking in November 2025 and continue distributing over three years.

HYPE began trading on exchanges like KuCoin in late November 2024. On November 29, it hit an all-time low of $3.81 but recovered sharply, rallying to $34.96 by December 22.

Currently, as of July 15, 2025, HYPE is trading at $47.62, which is a -3.50% change over the past 24 hours.

HYPE token is down from its all-time high of $49.83, set in 2024, but has increased +1120.13% over the past 12 months. It has a market cap of $15.90B.

Hyperliquid
Price
Market Cap
HYPE8
$15.90B
24h7d30d1yAll time

What Is Hyperliquid and HYPE Use Cases?

Hyperliquid is a DEX built on a custom Layer-1 blockchain, created by Jeff Yan and Iliensic.

To trade, you don’t need to create an account or get verified. Simply connect a custodial wallet like MetaMask or Best Wallet to swap tokens and trade with leverage via an on-chain order book in a secure environment offering up to 100,000 TPS with sub-second finality, thanks to its HyperBFT consensus.

Fees are low, and liquidity is deep, supported by thousands of liquidity providers channeling capital to community-owned HLP vaults. These vaults fund trades and absorb automated liquidations when margins fall below thresholds.

HYPE is the utility and governance token on Hyperliquid. Holders can vote on upgrades, policy changes, and development proposals. Additionally, HYPE holders can stake on the mainnet for yield.

From late April 2025, HYPE stakers will begin receiving trading fee discounts depending on the amount locked. Scalpers and active traders, sensitive to high fees, can stake more HYPE for even lower fees.  

What Drives the Price of HYPE?

HYPE prices will fluctuate in the coming months, but whether the token tanks or exceeds expectations depends on:

  • Adoption and Ecosystem Growth: Expanding the Hyperliquid ecosystem and rolling out new features will drive HYPE demand. As the DEX aims to draw users from centralized options with upgrades enhancing the user interface, safeguarding HLP vault liquidity providers, and incentivizing staking, token prices could rise.
  • Regulations: Pro-DeFi laws could encourage investment in high-profile decentralized protocols like Hyperliquid, pushing HYPE prices up.
  • Market Sentiment: HYPE will be shaped by bull and bear cycles. Rising crypto prices due to institutional adoption or supportive monetary policies could lift HYPE, while downturns would increase selling pressure.
  • Tokenomics: With nearly 334 million HYPE in circulation out of 1 billion, more tokens will be released starting late 2025, potentially diluting valuation. If demand doesn’t rise, this excess supply—continuing through late 2028—could negatively impact HYPE prices.

Is Hyperliquid a Buy?

Hyperliquid is gaining traction and even rivaling popular centralized exchanges. As it builds, plans to release HyperEVM and expand beyond a DEX could make the token more attractive to investors. Because of this, HYPE might rally in the coming years to meet or exceed our predictions.

However, take caution. HYPE is volatile, and an extended bear market, failure to execute its vision, or inability to compete could lead to price drops.

If you want to buy HYPE, do your due diligence. Afterward, buy from any of these exchanges:

Best Wallet
5 /5
Margex
Margex as alternative to LocalBitcoins
5 /5
MEXC
4.5 /5
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Later, it is good to have control of your tokens. Use a non-custodial wallet option like Best Wallet, trusted by hundreds of thousands users globally. It is a no-KYC wallet that is a one-stop shop for all your crypto needs. You don’t just hold crypto here, you can buy/sell, stake, swap, and even invest in best crypto presale projects – all within a click of a button.  

Best Hyperliquid wallet
Source: Best Wallet

Best Wallet is easy to use, it has a built-in DEX aggregator and the wallet supports more than 50 blockchains. If you are interested to know more about it, check out our comprehensive Best Wallet Review for 2025.

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Conclusion

Hyperliquid is gaining traction and may one day overtake Binance and other top centralized exchanges as a leading protocol for trading crypto perpetual futures. Its focus on speed, scalability, and unmatched user experience could pay off, potentially pushing HYPE above $100 based on our estimates. The DEX’s unique features give it a competitive edge, but valuation depends on external factors like adoption and regulations. If you choose to buy HYPE, research thoroughly before proceeding.

See Also:

References

FAQs

What is Hyperliquid?

Expand

Hyperliquid is a DEX running on a custom Layer-1 blockchain, offering high-speed, low-cost trading.

What makes Hyperliquid unique?

Expand

Hyperliquid has a high throughput of up to 100,000 TPS with sub-second finality. As such, it is one of the fastest DEXs in the market.

What is HYPE for?

Expand

HYPE is useful in governance and holders can stake for a future. There are also plans for holders to receive fee discounts when trading.

Is Hyperliquid better than Uniswap?

Expand

Hyperliquid offers faster transactions, leverage trading of crypto perpetuals, and lower fees than swapping on Uniswap. However, Uniswap is more popular with higher trading volumes as of early 2025.

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Dalmas Ngetich
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Dalmas is an experienced journalist with over a decade in crypto, technology, and blockchain. His work and that of his partners have been featured in top news outlets, including Forbes, investing.com, and Entrepreneur, among others. He is passionate about crypto... Read More

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