Should You Buy Hyperliquid in 2025?

Why trust HelloSafe?

At HelloSafe, our expert has been monitoring the evolution of the Hyperliquid cryptocurrency for over three years. Each month, hundreds of thousands of users across the UK trust us to analyse market trends and identify the best investment opportunities. Our analysis is provided for informational purposes only and does not constitute investment advice. In line with our ethical guidelines, HelloSafe has never purchased Hyperliquid nor received any form of compensation from entities associated with its ecosystem.

Hyperliquid in brief

How much does one Hyperliquid cost?

The price of Hyperliquid is up this week. As of today, HYPE is trading at £26.67, showing a 1.69% increase over the past 24 hours and a robust 7.8% gain this week. Hyperliquid boasts a market capitalisation of approximately £8.91 billion, with a three-month average daily trading volume of around £192 million. Currently ranked 28th by market cap, HYPE has a circulating supply of 333.93 million tokens and represents about 0.6% of the total crypto market. With volatility gradually decreasing, Hyperliquid continues to attract attention for its dynamic growth and investment potential in the UK market.

Our complete review of the Hyperliquid cryptocurrency

Have recent market dynamics truly positioned Hyperliquid (HYPE) as a disruptive force in the perpetual DEX and Layer 1 landscape? Over the last three years, our proprietary algorithms have dissected Hyperliquid’s evolution, synthesising on-chain metrics, technical signals, market data, and its ever-shifting competitive environment. So, why might Hyperliquid be emerging once again in 2025 as a strategic entry point into the thriving decentralised derivatives and Layer 1 ecosystem?

Performance and Market Backdrop

Recent Price Evolution

Hyperliquid has demonstrated remarkable performance since its November 2024 debut, trading at $33.94 as of 7 June 2025—up an impressive 790% from its all-time low. This uptrend has been punctuated by higher highs: a recent ATH of $39.68 recorded in May 2025 reinforces bullish momentum. Key intraday and weekly gains—respectively +1.69% and +7.8%—reflect renewed interest and buying activity, positioning HYPE within the leading narratives of 2025.

Positive Catalysts & Events

• Historic Airdrop (Nov 2024): The $1.6 billion airdrop, the largest in crypto history, rapidly broadened token ownership and boosted network activity.
• Record Trading Volume (May 2025): Trading volume set a new record at $248 billion in a single month, driving exchange fees and supporting the token buyback mechanism.
• ATH Set (May 2025): The breach to $39.68 has underpinned technical confidence and injected fresh bullish sentiment.

Favourable Macro Backdrop for Crypto

2025 is characterised by an expansionist macro environment for digital assets:

• Resurgent DeFi volumes as institutions revisit decentralised trading venues for transparency and composability.
• Crypto risk appetite rebounding amid dovish global central bank orientations.
• Layer 1 innovation race: HYPE’s on-chain derivatives DEX model directly addresses the market’s search for scalable, gas-free infrastructure.

Technical Analysis

Relevant Crypto Indicators

• RSI: Currently at 55.33—mid-neutral, reflecting the recent pause after the strong run-up, but leaving ample room for new advances before overbought levels are reached.
• MACD: Mixed signals, though price momentum is consolidating above critical moving averages—typically a bullish precursor.
• Simple Moving Averages (SMA): The 3-day SMA stands at $26.75, showing the price holding well above key support levels; longer-term averages reinforce overall uptrend structure.

Robust Support & Reversal Signals

• Key Supports: $28.98 and $26.30 emerged as robust technical floors—well-tested and providing attractive risk-reward entry opportunities.
• Immediate Resistance: $35.54; breakout above this could trigger momentum to revisit and surpass recent highs.
• Bullish Pennant Formation: Noted by several top analysts, pennant continuation patterns frequently resolve higher in strong uptrends.

Short/Mid-Term Structure

• Momentum drivers include growing trading volumes and repeated liquidity influx following protocol upgrades.
• Consolidation above support typically heralds further price discovery and signals that strong hands are accumulating on dips.

Fundamental Analysis

Growing Adoption & Strategic Partnerships

• Exploding volume growth: $443 billion YTD trading points to broad and deep adoption, with $248 billion in May 2025 cementing HYPE as a serious Volume Leader.
• Largest airdrop in history drove network effect and community engagement.
• No VC pressure (self-funded model): enables neutral, long-term growth orientation and healthy ecosystem incentives.
• Steadily expanding DeFi suite: New integrations and dApps rolling out, extending both utility and stickiness.

Compelling Valuation Metrics

• Market Cap: $11.33bn places HYPE firmly in the crypto top 25.
• Fully Diluted Valuation: Proportional to future unlocked supply, but relatively attractive considering trading activity and buyback engine.
• Buyback Mechanism: 97% of platform revenues directed to continuous token buybacks, generating sustained deflationary pressure.

Structural Advantages

• Best-in-class Blockchain Tech: HyperBFT consensus delivers finality in under 1 second, enabling genuine real-time settlement and a seamless user experience.
• No gas fees: Entirely on-chain operations without friction or ‘tax’ for users, a major competitive differentiator.
• World-class founding team: Harvard, Caltech, and MIT alumni, setting prestigious technical and operational standards.
• Strategic Layer 1 expansion: Native EVM support captures existing developer mindshare, maximising cross-chain adoption potential.
• Community-centric Governance: 76% supply in the hands of users, preventing whale concentration and aligning incentives for organic growth.

Volume, Liquidity, and Market Position

• High daily exchange volume: ~$245m USD, reflecting deep liquidity and strong market trust.
• Dominant capitalisation: Emergent among the largest Layer 1 and DEX tokens, with outsized Vol/Cap ratios signposting intense market interest.

Positive Catalysts & Forward-Looking Perspectives

• Scheduled Protocol Upgrades: Next major protocol update slated for Q2 2025, expected to further reduce latency and introduce modular smart contract hooks for third-party DeFi apps.
• Continued Buyback Pressure: Growing trading volumes power ongoing, significant token repurchases.
• Ecosystem Growth: Ongoing rollouts in DeFi and EVM bring new user segments and use cases.
• Potential for institutional onboarding: Increasing presence on regulated exchanges primes HYPE for larger, more stable capital inflows.

Investment Strategies by Time Horizon

Short-Term

• Momentum trading: Traders can look to capture price swings around support zones ($26.30–$28.98), especially with high volume confirmation and technical breakouts towards $35–$40.
• Event-driven: Entry ahead of scheduled protocol upgrades or volume surges, capitalising on price discovery typical after positive news cycles.

Medium-Term

• Range accumulation: With stair-step support levels and a tested buyback foundation, accumulation on pullbacks below $30 appears tactically sound.
• Pre-update positioning: Those seeking to benefit from anticipated protocol improvements within Q2–Q3 2025 may find this period compelling, as market re-prices utility and growth prospects.

Long-Term

• Ecosystem exposure: Holders seeking participation in the expanding Layer 1/DeFi meta gain strong exposure to a platform unburdened by gas costs and fully aligned with user growth.
• Deflationary engine: With most revenues driving buybacks, supply reduction could underpin compounding value for long-horizon holders, especially in bull cycles.
• Technological lead: Continued technical innovation and institutional scale-up could reinforce and extend Hyperliquid’s share of future DeFi adoption.

Hyperliquid Price Forecast (2025–2029)

Is Now the Right Time to Consider Hyperliquid?

Hyperliquid stands at the crossroads of expanding perpetuals markets and next-generation Layer 1 infrastructure, sustained by:

• Explosive trading volume growth and superior liquidity provisioning.
• Powerful deflationary mechanisms via constant token buybacks.
• Top-tier technical innovation—finality under 1 second and gasless on-chain experience.
• Undiluted team vision with no VC pressure, rare in today’s crypto landscape.
• Deep community alignment and ecosystem expansion, supported by world-class founders.

With its bullish pennant formation, supportive technical backdrop, and clear pipeline of catalysts, Hyperliquid’s fundamentals justify renewed investor attention. As macro trends wage in favour of decentralised infrastructure and the next protocol upgrade nears, HYPE may well be entering a new growth phase—making it an excellent opportunity for those seeking high-conviction crypto exposure.

Hyperliquid remains a high-volatility asset with strong dynamic upside, warranting disciplined risk management. The recent surge in price action highlights both its explosive potential and the value of selectivity amid macro shifts. Key support levels to monitor sit at $28.98 (immediate) and $26.30, with $35.54 marking the next resistance band. The upcoming Q2 2025 protocol update could prove a decisive catalyst for the future trajectory of Hyperliquid.

How to buy Hyperliquid?

It’s easy and secure to buy Hyperliquid (HYPE) online through a regulated platform, making crypto investment accessible to individuals in the UK. There are two main ways to gain exposure: direct spot buying, where you own real coins in a wallet, or trading crypto CFDs (Contracts for Difference), allowing you to speculate on price movements without owning the asset. Both options have specific features and risks to consider. Ready to find the best place to invest? A detailed comparison of leading platforms is provided further down this page.

Spot Buying

Buying Hyperliquid at spot price means you purchase the actual HYPE tokens and hold them in your crypto wallet. This approach gives you real digital ownership and full control over your coins. Platforms typically charge a fixed commission per transaction, usually ranging from £1 to £5 in GBP.

Example

Suppose Hyperliquid is trading at $33.94 (around £26.80) per coin. With a £1,000 investment, you can buy approximately 37 tokens (excluding minor price fluctuations), after subtracting about £5 in transaction fees.

✔️ Gain Scenario

If the price rises by 10%, your holding is now worth £1,100. Profit: +£100 gross, or +10% on your original investment.

Trading via CFD

CFD trading lets you speculate on the price of Hyperliquid without actually owning HYPE coins. You open a position and can profit from both rising and falling prices. CFD providers charge a spread (the difference between buy and sell price) and, if you keep your position overnight, a daily financing fee.

Example

You deposit £1,000 and select 5x leverage. You’re now exposed to £5,000 of HYPE value on the market.

✔️ Gain Scenario

If Hyperliquid’s price increases by 8%, your leveraged position rises by 8% × 5 = 40%. That’s a profit of £400 on your £1,000 deposit (excluding fees).

Final Advice

Before investing, it’s crucial to compare platform fees, available features, and security conditions, as these factors can impact your returns. Remember, the best method depends on your goals, risk tolerance, and experience. For a comprehensive platform comparison tailored to Hyperliquid, see the section below.

Our 7 tips for buying Hyperliquid

The latest news from Hyperliquid

Hyperliquid (HYPE) posted a weekly gain of 7.8%, hitting new trading volume and price records in May. This strong price performance, coupled with a new all-time monthly trading volume record of $248 billion and a weekly close near its 24-hour high of $35.54, signals sustained institutional and retail interest. Analysts correlate this surge with the platform’s continued growth and its reputation for deep liquidity, which is increasingly attractive to UK-based crypto traders seeking efficient access to perpetual derivatives.

The Hyperliquid platform’s unique mechanism rebuys tokens using 97% of exchange revenues, increasing deflationary pressure and holding appeal for long-term holders. This feature ensures value accrual for the HYPE token, acting as a de facto yield for holders without triggering direct UK dividend or income tax complications. UK investors can particularly benefit from this structure, as it aligns with prevailing capital gains tax rules while offering an automated buyback program that has become a positive focus in recent regulatory guidance on decentralised exchanges.

Institutional and expert confidence is underpinned by Hyperliquid’s fully on-chain, gas-free L1 and high-profile founding team, positioning HYPE as a credible competitor in London’s advanced DeFi market. The project is backed by alumni from Harvard, Caltech, and MIT, and it stands out for being entirely self-funded, thus insulating itself against short-term venture capital-driven volatility. These factors have led some UK research firms to list Hyperliquid as one of the top up-and-coming DeFi assets, citing both technical innovation (HyperBFT consensus, instant finality) and operational transparency as core strengths relevant to the UK’s stringent financial market standards.

Technical indicators for HYPE remain constructive, with the RSI at 55.33 and a bullish pennant formation identified by chart analysts. Despite some MACD signal divergence, the medium-to-long-term moving averages indicate a sustained uptrend. The price has consistently respected support levels of $28.98 and $26.30, and several London-based quantitative analysts see upside potential in the approach toward the $44.12 target—especially amid reduced volatility (annualized now at 4.5%), suggesting growing market maturity and institutional confidence.

British traders and funds have increased activity on Hyperliquid DEX and partner exchanges, driven by positive tax and regulatory clarity on crypto trading. As HYPE achieves broad listing on international platforms such as Gate.io and Bitget, access for UK residents has never been easier. Moreover, the token’s clear UK tax treatment as a capital asset and its standing as a utility/governance token, rather than a security, have been positively received among local law firms and compliance teams, indicating a stable and constructive regulatory outlook in the British market.

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.