Hyperliquid is a decentralized exchange (DEX) operating on its proprietary Layer 1 blockchain, HyperEVM. It specializes in perpetual futures trading, allowing users to speculate on cryptocurrency prices without holding the underlying assets. The platform offers a user experience comparable to centralized exchanges (CEXs) while maintaining the transparency and security inherent in decentralized finance (DeFi). Key features include low-latency, high-speed transactions, and an on-chain order book that supports real-time, transparent trading across various cryptocurrencies.
The native utility token of the Hyperliquid ecosystem is HYPE. HYPE serves multiple functions within the platform:
The token distribution is community-focused, with a significant portion allocated to user-centric initiatives, including future emissions, community rewards.
As of Feb 26, 2025, Hype (HYPE) is trading at approximately 30.61 USD or 2929 INR

Trend:
HYPE remains choppy after bouncing from the key $20 support. Momentum is neutral for now, waiting for a decisive breakout.
Key Levels:
$35 – Major resistance. Sustained move above this level can trigger bullish momentum toward $50.
$20 – Strong support. Losing $35 and continued weakness could lead to a retest of this zone.
On-chain activity, development progress, and overall ecosystem performance remain solid. However, broader market conditions and Bitcoin’s trend will play a crucial role in the next major move.
| Aspect | Details | Evaluation |
| Utility | DEX, DeFi, staking | Strong |
| Market Position | Growing token with high utility | Promising |
| Community | Active and expanding | Positive |
| Tokenomics | Fixed max supply | Deflationary |
| Adoption | Increasing exchange listings | Rising |
| Year | Bearish Case (USD) | Bullish Case (USD) | Key Drivers |
| 2026 | 20 | 50 | Increased usage, DeFi ecosystem partnerships |
| 2027 | 35 | 75 | Institutional adoption, higher TVL |
| 2028 | 75 | 100 | Integration with wallets and aggregators |
| 2029 | 90 | 120 | Dominance in decentralized derivatives market |
| 2030 | 100 | 150 | Mature ecosystem with global trader base |
Looking ahead to 2026, HYPE’s price could fluctuate between $20 and $50, driven by how successfully it embeds itself in the broader DeFi ecosystem. The platform’s ability to form strategic partnerships—with lending protocols, yield platforms, or liquidity aggregators—will be crucial. If Hyperliquid cements itself as infrastructure for derivative trading across DeFi, a climb toward the bullish target is possible.
By 2027, price projections for HYPE fall within the $35 to $75 range. This year could mark a turning point as institutional players explore on-chain derivatives more seriously. If Hyperliquid successfully attracts high-frequency and institutional traders—via improved APIs, security audits, and robust staking mechanics—it could propel the token closer to the $75 level. However, if these efforts stall or regulatory friction arises, price growth may remain confined to the $35 range.
As crypto interfaces become more intuitive, HYPE could trade between $75 and $100 in 2028. Much of this growth will depend on successful integrations with mainstream wallets like MetaMask, and with aggregator platforms that funnel traffic to the most liquid and low-fee DEXs. If Hyperliquid becomes a default backend for perpetual trading across interfaces, token demand could surge. But without strong UX evolution or cross-chain integration, price action might be limited to the lower end of this range.
In 2029, HYPE may be valued between $90 and $120, reflecting how far it’s come in claiming dominance within the decentralized derivatives sector. If it becomes the go-to perpetual DEX for retail and institutional users alike, this bullish trajectory would be justified. The platform’s ability to sustain high trading volumes, retain market share, and offer innovative financial products will determine its valuation band. Failure to keep up with faster or more specialized competitors may keep it nearer the $75 mark.
With widespread DeFi and staking adoption, HYPE’s price could reach between $100 – $150.
Hyperliquid’s (HYPE) unique combination of high-performance infrastructure, innovative on-chain trading solutions, and expanding ecosystem positions it as a compelling investment opportunity for the future. With its proprietary HyperEVM enhancing scalability, growing partnerships strengthening network security, and increasing adoption in the decentralized derivatives market, Hyperliquid has the potential to capture significant market share. As demand for efficient, decentralized trading solutions rises, HYPE’s utility and value could see substantial growth, making it a project worth watching for long-term investors seeking exposure to the DeFi landscape.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse from any loss from such transactions.
You can buy HYPE in India through Mudrex, where it is available for investment either directly or as part of curated crypto baskets, making access simple and convenient for Indian investors.
Reaching $100 is possible, but not guaranteed. For that to happen, the broader crypto market will likely need to strengthen significantly and sustain bullish sentiment alongside continued growth and adoption of Hyperliquid.
HYPE’s price depends heavily on overall crypto market volatility, since higher trading activity boosts exchange revenue.
Project growth, on-chain activity, adoption, and revenue metrics also play a key role in price performance.
Yes, Hyperliquid has solid fundamentals and positive development activity, which makes it a good investment thesis for many traders and investors. As always, performance depends on market conditions and risk tolerance, so position sizing and risk management are key.