What Is the Current Market Overview for HYPE in November 2025?

HYPE's market cap reaches $11.96 billion with a price of $44.19

Hyperliquid's HYPE token has experienced remarkable growth, reaching a significant market capitalization of $11.96 billion with a price point of $44.19. This valuation represents substantial growth since its initial launch in November 2024, when it was priced at just $3.57. The token's circulating supply of approximately 270 million coins has created a solid foundation for its market presence, currently positioning it as the 16th ranked cryptocurrency by market capitalization.

The price dynamics of HYPE have been particularly noteworthy throughout 2025, with the token achieving an all-time high of $58.31 in September 2025. This represents a stunning 1,533% increase from its launch price in less than a year.

Hyperliquid's unique tokenomics model contributes significantly to its value proposition, with 97% of trading fees directed to its Assistance Fund. This fund systematically purchases HYPE tokens from the open market, creating consistent buying pressure. The deflationary mechanism, coupled with Hyperliquid's high-performance L1 blockchain that processes transactions with sub-second block latency, has attracted significant institutional interest and contributed to the token's substantial market capitalization despite recent market volatility.

24-hour trading volume surpasses $100 million across major exchanges

Hyperliquid (HYPE) continues to demonstrate exceptional market activity with its trading volume consistently exceeding the $100 million benchmark across major cryptocurrency exchanges. Recent data shows remarkable trading volume figures that indicate strong market interest and liquidity for the token.

The trading volume data reveals impressive numbers across different timeframes:

This substantial trading activity correlates with HYPE's current market position, ranked 16th among cryptocurrencies with a market capitalization of approximately $11.72 billion and a fully diluted valuation of $43.3 billion. The token's circulating supply stands at 270.77 million HYPE, representing about 27.08% of the maximum supply of 1 billion tokens.

The high trading volume indicates strong investor confidence in Hyperliquid's underlying technology, which provides a high-performance L1 blockchain optimized for financial applications. The platform's ability to process orders and transactions with block latency under 1 second has attracted significant attention from traders. This technical advantage, coupled with its fully on-chain order book perpetuals exchange (Hyperliquid DEX), has positioned HYPE as a compelling asset in the cryptocurrency market, evidenced by its impressive daily trading activity across global exchanges.

HYPE listed on 5+ exchanges with Bybit leading in volume

HYPE has established a strong presence across multiple cryptocurrency exchanges since its launch, with Bybit emerging as the dominant platform for its trading activity. According to market data, HYPE is currently available on more than 29 exchanges, creating a robust ecosystem for traders seeking exposure to the Hyperliquid token.

Bybit's significance in HYPE's trading landscape becomes evident when examining the volume distribution:

The strategic partnership between HYPE and Bybit became particularly prominent when Bybit launched its dedicated "On-Chain Earn HYPE Festival" in August 2025, offering premium staking rewards to HYPE holders. This initiative demonstrated Bybit's commitment to providing institutional-grade infrastructure for the Hyperliquid ecosystem.

Despite not being listed on some major exchanges, HYPE has achieved remarkable growth, reaching a price of $47.75 in October 2025 and amassing a market capitalization of approximately $12.93 billion. This performance has positioned HYPE among the top 20 cryptocurrencies globally, currently ranking at #16 according to recent market data, proving that strategic exchange partnerships rather than widespread listings can drive substantial market success.

FAQ

What is hype coin?

HYPE coin is the native token of Hyperliquid, a decentralized derivatives exchange built on a custom high-speed blockchain. It supports decentralized governance and powers the ecosystem.

Is Hyper coin a good investment?

Yes, Hyper coin shows promise as an investment. Its cross-chain infrastructure is likely to see increased demand, potentially driving up value. Current market trends suggest positive growth potential for 2025-2026.

Which coin will give 1000x?

HYPE coin has the potential for 1000x growth. Its innovative technology and strong community support make it a top contender for massive returns in the crypto market.

How high will hype go?

HYPE could reach $50 by end of 2025 and potentially $185 by 2030, driven by increased adoption and market growth.