
Hyperliquid (HYPE) has established itself as one of the most remarkable performers in the cryptocurrency market. As of 2025, HYPE has achieved a significant market capitalization of $13.81 billion, positioning it at #15 in global cryptocurrency rankings. This represents extraordinary growth from its earlier valuation of $109 million, demonstrating its rapid ascension among top digital assets.
The market performance metrics reveal HYPE's impressive trajectory:
| Metric | Value | Context |
|---|---|---|
| Current Market Cap | $13.81B | Ranks #15 globally |
| Circulating Supply | 270,772,999 HYPE | 27.08% of max supply |
| All-Time High | $59.40 (Sept 18, 2025) | +319,516% yearly growth |
| Current Price | $40.58 | -31.7% from ATH |
| 24h Trading Volume | $36.57M | Shows active market interest |
HYPE's performance stems from its innovative technology as a high-performance L1 blockchain optimized for financial applications. The protocol's ability to process transactions with sub-second block latency has attracted significant attention from institutional investors. The Hyperliquid DEX, featuring a fully on-chain order book for perpetual trading, has become a flagship application demonstrating the network's capabilities.
Despite recent market volatility, with HYPE experiencing a 13.65% decline over the past week, the token remains in a strong position compared to its starting point, cementing its status among the cryptocurrency elite. The market sentiment currently shows a nearly balanced outlook with 50.48% positive versus 49.52% negative investor perception.
Hyperliquid's HYPE token currently maintains a circulating supply of 270.77 million tokens, representing approximately 27.08% of its maximum supply of 1 billion HYPE. This controlled distribution strategy has helped maintain market stability while allowing for strategic expansion. Recent filings indicate Hyperliquid Strategies aims to raise up to $1 billion to grow its token treasury, signaling confidence in the project's long-term vision.
The token's supply dynamics reveal interesting patterns when examined against key metrics:
| Supply Metric | Current Value | % of Maximum | Market Impact |
|---|---|---|---|
| Circulating Supply | 270.77M | 27.08% | $10.99B market cap |
| Total Supply | 999.84M | 99.98% | Potential for unlocks |
| Maximum Supply | 1B | 100% | $40.58B fully diluted |
Planned token unlocks, including 9.92 million HYPE scheduled for late November 2025 (approximately 2.97% of current circulation), will gradually increase available supply. Meanwhile, Hyperliquid's innovative "Assistance Fund" channels 97% of trading fees toward buying HYPE tokens from the open market, creating continuous buying pressure that helps counterbalance new token releases. This mechanism has proven effective, as demonstrated by the fund's accumulation of 29.8 million HYPE tokens worth approximately $1.5 billion based on current valuations.
Hyperliquid's HYPE token has demonstrated remarkable trading activity in the market, with its 24-hour trading volume recently surpassing $380 million across various cryptocurrency exchanges. This significant volume represents growing investor interest and market confidence in the native token of the Hyperliquid DEX. According to recent data, HYPE's trading metrics show substantial market engagement:
| Trading Metric | Value |
|---|---|
| 24-hour Volume | $380M+ |
| Current Price | $40.58 |
| Market Cap | $10.99B |
| Fully Diluted Valuation | $40.58B |
The token has experienced notable price movement, recording a 12% increase during recent trading sessions despite broader market volatility. This impressive trading volume comes amid HYPE's continued market cap growth, now approaching $15 billion, placing it firmly within the top 15 cryptocurrencies by market capitalization.
HYPE's trading strength is particularly noteworthy considering the token's relatively recent emergence in the market. The Hyperliquid DEX, known for its fully on-chain order book perpetuals exchange, continues to attract significant trader activity. Trading data indicates that daily volumes frequently fluctuate between $600-800 million during peak market periods, with recent volume surges corresponding to important protocol developments and market announcements. The consistent high-volume trading demonstrates the liquidity depth and growing institutional interest in HYPE as it establishes itself as a significant player in the decentralized finance ecosystem.
Hyperliquid's HYPE token has experienced a minor setback in the short term with a 1.6% price decrease over the last 24 hours, currently trading at $40.581. Despite this recent dip, the token has demonstrated remarkable long-term growth, having risen an astounding 1,376% from its all-time low of $0.011812 recorded in October 2024.
The token's price journey showcases significant volatility and growth potential, as evidenced by its historical performance:
| Time Period | Price Change | Current Value |
|---|---|---|
| 24 Hours | -1.6% | $40.581 |
| All-Time | +1,376% | From $0.011812 to $40.581 |
| Year-to-Date | +319,516.82% | Extraordinary annual growth |
HYPE reached its all-time high of $59.4 in September 2025, showing that despite recent corrections, the token retains substantial value compared to its peak. With a current market capitalization of approximately $10.99 billion and ranking 15th among cryptocurrencies, Hyperliquid has established itself as a significant player in the crypto ecosystem.
The token's performance correlates with Hyperliquid's development as a high-performance L1 blockchain focused on creating a fully on-chain open financial system. Analysts remain optimistic about HYPE's future, with some price predictions suggesting it could potentially reach $100 by 2028, representing a further 146% increase from current levels based on the platform's growing adoption and technological advantages in the DEX space.
HYPE is a deflationary cryptocurrency with auto-liquidity and token burns. It aims to increase scarcity and long-term value through supply reduction. Its current market cap is $41,388.
Yes, Hyper coin shows promise as an investment. Its innovative cross-chain technology and growing adoption suggest potential for significant value growth by 2025.
Yes, HYPE is an excellent coin with strong potential. It's gaining traction in the Web3 space and shows promising growth prospects for 2025 and beyond.
HYPE coin has the potential for 1000x returns. Its innovative technology and growing adoption make it a top contender for explosive growth in the crypto market.











