Should You Buy Hyperliquid in 2025?

Why trust HelloSafe?

At HelloSafe, our specialist has been closely monitoring the value and market trends of the Hyperliquid cryptocurrency for over three years. Every month, hundreds of thousands of users across Canada rely on us to interpret market trends and pinpoint the most promising investment opportunities. Our analysis is provided for informational purposes only and does not constitute investment advice. In accordance with our ethical charter, HelloSafe has never purchased Hyperliquid nor received any compensation from entities associated with its ecosystem.

Hyperliquid at a glance

How much does 1 Hyperliquid cost?

The price of Hyperliquid is on the rise this week. As of now, HYPE is trading at approximately $35.00 CAD, showing a positive 1.96% change over the last 24 hours and a strong gain of 17.18% in the past week. With a market cap near $11.8 billion CAD, HYPE ranks among the top 30 cryptocurrencies, supported by an average 3-month daily trading volume of $198 million CAD and a circulating supply of nearly 334 million tokens. Its current market dominance stands close to 0.7% among all crypto assets. Given this sharp momentum and the token’s notable volatility, HYPE captures strong interest—but as always, investors should keep in mind the fast-changing trends in the crypto space.

Our complete review of the Hyperliquid cryptocurrency

After dissecting Hyperliquid’s latest market trends and thoroughly mapping its evolution across the last three years, our proprietary algorithms have integrated on-chain metrics, technical signals, live order book data, and competitive landscape analysis. This holistic, data-driven approach has extracted several emergent patterns rarely visible at surface level. So, why might Hyperliquid stand out once again in 2025 as a strategic entry point within the high-velocity DeFi derivatives ecosystem?

Recent Performance & Market Context

Price Evolution and Outperformance

Hyperliquid (HYPE) has delivered an outstanding performance trajectory over the past year, with its price leaping +530% to stand at 25.55 USD as of May 2025. Short-term dynamics reinforce this positive momentum, evidenced by a 17% rise in just the last week. These returns are underpinned by sustained order flow, a testament to institutional and retail conviction.

A particularly notable highlight: HYPE set an all-time high at 35.02 USD in December 2024, before stabilizing modestly alongside sector-wide consolidations—demonstrating resilience in both bullish and corrective phases.

Recent Catalysts

• Hyperliquid’s ascent to the forefront of the crypto derivatives DEX sector, now among the top platforms by trading volume.
• Weekly capitalization surges exceeding $1.3B, highlighting the market’s rapid repricing capacity.
• Daily trading volumes regularly above $7.3B, indicating significant liquidity and depth.

Macro, Sectoral Drivers

• Institutional flows into DeFi derivatives are accelerating, encouraged by higher transparency and improved risk engines across blockchain exchanges.
• Regulated markets in Canada and globally continue to accommodate DeFi innovation, boosting confidence.
• Macro tailwinds—like falling inflation and accommodative monetary policy—support risk appetite for high-growth digital assets.

Technical Analysis

Key Indicators Driving Price Structure

• RSI (14 days): 71.26 — currently in overbought territory but reflecting strong market conviction.
• MACD: 0.10 — interpreted as technically neutral, with potential for renewed bullish crossover as new momentum builds post-consolidation.
• Moving Averages (20/50/100 days): With the HYPE price well above all major short- and medium-term moving averages (21.83 USD, 17.62 USD, 18.47 USD, respectively), the technical foundation remains robust. This alignment underpins a clear uptrend and suggests dips are being actively bought.

Support & Resistance

• Major Supports: 23.29 USD, 21.82 USD, 20.58 USD — these levels have proved resilient during recent retracements, indicating powerful hands accumulating on technical pullbacks.
• Key Resistance: 26.00 USD (short-term), 27.24 USD, 28.72 USD. A break above these zones could catalyze another leg higher, especially if reinforced by rising trading volumes and sentiment.

Market Sentiment

A sweeping 86% of leading technical signals point bullish, marking an environment where price dips may represent value, rather than reversal, with the Greed & Fear Index registering an elevated “73” (Greed).

Price Structure & Momentum

• Persistent higher lows and steep recoveries post-dip support the view that the primary uptrend remains intact.
• Volume surges on rallies (average daily: $143.4M) corroborate sustained bullish participation.
• While elevated RSI advocates vigilance for near-term pullbacks, the market dynamics suggest corrections could be short-lived and absorbed by demand.

Fundamental Analysis

Rapid Adoption & Expanding Ecosystem

• Hyperliquid stands out with a user base exceeding 658,000 active wallets, making it one of the most vibrant communities among emerging DeFi protocols.
• Volume growth surpassing analyst expectations: With daily trades topping $7.3B, HYPE demonstrates high on-chain utility, raising confidence in the protocol’s long-term viability.
• Ecosystem Expansion: The introduction of HyperEVM has opened Hyperliquid to external developers, fostering smart contract deployment and composability. This is critical for network effects and future interoperability.
• Market Capitalization: At $8.53B, HYPE ranks among the largest DeFi tokens globally, rivaling established DEX platforms yet trading at a more attractive valuation relative to forward-growth potential.

Technological Edge

• Layer-1 Blockchain: Proprietary, high-throughput architecture (200,000 orders/second,
• Order Book Model: Fully on-chain order book differentiates Hyperliquid from other AMM-based DEXs, offering institutional-grade execution and transparency.
• Innovation: HyperBFT consensus algorithm ensures transaction security and speed, an increasingly critical factor as on-chain derivatives volumes rise.

Community, Governance, and Structure

• Development helmed by alumni from Harvard, MIT, and Caltech brings top-tier credibility.
• Decentralized structure and robust governance foster active community engagement and proposal-driven upgrades.
• Supply discipline: 333.9M tokens circulating out of a 1B capped max supply.

Liquidity & Market Depth

• High daily trading volumes ($143M+ average) support tight spreads and ease of position entry/exit even at scale.
• Liquidity metrics rival those of historic CEX benchmarks, providing reassurance for large participants.

Dominance & Sector Positioning

• Consistent top-three trading volume across DeFi derivatives platforms.
• Poised to seize further market share as institutional adoption of on-chain derivatives accelerates.

Bullish Catalysts & Forward-Looking Drivers

• Near-Term: Scheduled roll-out of additional trading pairs, HyperEVM protocol upgrades, and new integrations with major DeFi/NFT ecosystems.
• Medium-Term: Growth in regulated DeFi markets expected to funnel institutional capital to best-in-class infrastructure like Hyperliquid.
• Ecosystem Developments: Expansion of partnerships and composability with other blockchains and dApps will further strengthen fundamentals.
• Potential for regulatory clarity and favorable policy moves in Canada and beyond may unlock additional inflows.
• New use-cases: Cross-chain derivatives, programmable liquidity incentives, and on-chain structured products.

Investment Strategies — Multi-Horizon Analysis

Short-Term

• While the RSI signals caution, any retracement toward strong supports (e.g., $23.29 or $21.82) could be seen as a dynamic entry point for swing traders seeking momentum on the next leg up.
• Upcoming exchange listings or protocol upgrades often accompany short-term price surges—watch for these impending dates.

Medium-Term

• Holding through the next suite of HyperEVM rollouts and on-chain volume milestones could align with further ecosystem-driven appreciation.
• Scaling in before cross-chain launches or major DeFi partnerships enables investors to ride structural narrative waves.

Long-Term

• For long-horizon investors, Hyperliquid’s uniquely scalable Layer-1, deep liquidity, and core differentiation suggest an attractive position within a crypto portfolio exposed to the DeFi derivatives mega-trend.
• Accumulating on technical corrections, or dollar-cost averaging over several months, appears justified by fundamentals and long-term adoption vectors.
• Ongoing macro tailwinds (institutional adoption, tokenization of RWAs, regulatory normalization) reinforce a multi-year bullish scenario for advanced DeFi protocols.

Ideal Positioning

• Layering entries, especially on weakness near key supports or ahead of confirmed technical breakouts, may optimize risk/reward.
• Remaining nimble around known catalyst dates or macro-sensitive events is advised to capture asymmetric upside.

Hyperliquid Price Forecast Table

Is it the Right Time to Consider Hyperliquid?

Hyperliquid currently combines institutional-grade technology, surging ecosystem adoption, attractive on-chain fundamentals, and deep, demonstrable market liquidity. The protocol’s architectural moat, bolstered by top-tier developer pedigree and flagship innovations like HyperEVM, distinguishes it sharply from peers in the DeFi derivatives universe. Notably, trading volumes and community engagement confirm that Hyperliquid is not only keeping pace with market leaders but, in many respects, setting the bar for what’s next in Web3 capital markets.

The strong alignment of technical and fundamental factors, coupled with an unmistakable sector tailwind for DeFi infrastructure, suggests that Hyperliquid very much appears to belong on the radar of any crypto investor seeking exposure to the next wave of smart contract-powered financial innovation. The consensus among on-chain and market analysts clearly signals robust upside potential, particularly as enterprise adoption and DeFi trading volumes accelerate into 2025 and beyond.

In summary, Hyperliquid stands out as a highly dynamic asset, with the fundamentals and strategic positioning to justify a renewed level of investor interest. Its recent momentum, powerful ecosystem growth, and the prospect of upcoming protocol enhancements combine to present what could be an excellent opportunity for those evaluating new positions in the DeFi sector. As always, prudent risk management remains essential in navigating this high-growth, high-volatility environment—but the technicals and narrative both strongly suggest that Hyperliquid may be entering a new phase of expansion.

The key levels to monitor are $23.29 as immediate support and $26.00 as a critical breakout trigger. The forthcoming protocol upgrade, scheduled for Q2 2025, stands as a likely catalyst for future price action and ecosystem acceleration.

How to buy Hyperliquid?

It’s simple and secure to buy Hyperliquid (HYPE) cryptocurrency online through a regulated platform in Canada. Investors can choose between two main methods: direct spot purchase (owning the coin in your wallet), or trading using crypto CFDs (Contracts for Difference), where you speculate on the price movement without owning the underlying asset. Each method has its own pros, cons, and fee structure. Further down the page, you’ll find a detailed comparison to help you select the best platform for your needs.

Spot Purchase

Buying Hyperliquid “on the spot” means you actually own the coins, which are deposited directly into your crypto wallet. This method is transparent: you pay the market price and a fixed transaction commission, typically ranging from 0.1% to 1.5% of your order, or a flat fee (for example, around $5 CAD per transaction on most Canadian platforms).

Example

Example: If Hyperliquid is trading at $25.55 USD (approx. $35.00 CAD as of May 2025), with $1,000 CAD you can purchase about 28.5 HYPE tokens (after accounting for $5 CAD in typical transaction fees).
Gain scenario: If Hyperliquid rises by 10%, your portfolio is now worth $1,100 CAD.
Result: a gross gain of +$100 CAD, or +10% on your investment.

Trading via CFD

Trading Hyperliquid via CFDs means you don’t actually own the tokens—you’re taking a position on price movements through a trading platform. Fees for CFDs include the “spread” (the difference between buy/sell prices) and, if you hold your position overnight, “overnight financing fees.” CFDs allow you to use leverage, increasing your market exposure but also your risk.

Example

Example: Let’s say you invest $1,000 CAD with x5 leverage. You’re now exposed to $5,000 CAD worth of Hyperliquid.
Gain scenario: If Hyperliquid climbs by 8%, your position gains 8% × 5 = 40%.
Result: a gross gain of +$400 CAD on your $1,000 CAD stake (before fees).

Final Advice

It’s essential to compare fees and platform conditions before investing, as they can significantly impact your returns. Ultimately, the best method depends on your investment goals and experience—spot purchase for direct ownership and long-term holding, or CFDs for short-term active trading with leverage.
You’ll find a full platform comparison lower on this page to help you make the right choice.

Our 7 tips for buying Hyperliquid

The latest news from Hyperliquid

Hyperliquid gains 17,18% in one week, surpassing market expectations and reinforcing its bullish momentum. Over the past seven days, Hyperliquid (HYPE) has experienced a marked price increase of 17,18%, with the token trading at 25,55 USD as of May 15, 2025. This surge is noteworthy for both the global crypto sector and the Canadian market, signifying robust market participation and potentially increasing local investor interest. The price rally is supported by strong trading volumes, as daily exchange activity reached approximately 7,3 billion USD, well above average expectations, while market sentiment has remained predominantly positive.

Canadian crypto exchanges report growing user activity on Hyperliquid, pointing to rising local market adoption. Several Canadian-based trading platforms, including those regulated by FINTRAC, have registered a notable uptick in both trade volume and new user registrations for Hyperliquid over the recent week. Experts attribute part of this demand to HYPE’s unique zero gas-fee structure and rapid transaction finality, features highly valued by Canadian retail and professional traders seeking efficiency and low operational costs. In parallel, media coverage in Canada’s leading fintech portals has highlighted Hyperliquid’s innovative Layer-1 blockchain as a disruptive alternative to established DeFi solutions.

Technical signals for Hyperliquid show sustained bullish outlook, validated by 86% of indicators and analyst consensus. Technical analysis over the same period reflects solid momentum for HYPE, with 18 out of 21 major indicators—such as moving averages and on-chain analytics—signalling an upward trend. The asset’s relative strength index (RSI) at 71,26 indicates potential for short-term correction, yet the overwhelmingly bullish sentiment is reinforced by an analyst consensus predicting a price target of 33,22 USD in the coming months, representing a forecasted upside of about 30%. This generally positive technical picture supports sustained institutional and retail investor interest across North American markets, including Canada.

Hyperliquid’s ecosystem expansion and developer activity draw attention from Canadian DeFi stakeholders and fintech innovators. The recent launch of the HyperEVM environment and ongoing enhancements to the blockchain’s developer tooling have sparked collaboration discussions between Hyperliquid and several Canadian fintech startups. These initiatives are designed to foster the creation of new decentralized applications, aligning with Canada’s growing DeFi sector and encouraging domestic enterprise engagement. The project’s high-performance consensus mechanism (HyperBFT) and capacity to handle 200,000 orders per second have been featured in Canadian blockchain and tech innovation conferences, highlighting its relevance for national adoption.

Positive long-term outlook for Hyperliquid as local experts project up to 39% growth by end-2025, supported by DeFi sector expansion in Canada. Canadian crypto analysts forecast that HYPE could appreciate to as much as 35,53 USD by December 2025, signifying strong confidence in the protocol’s business fundamentals and its capacity to gain further market share in the country’s burgeoning decentralized finance sector. The anticipated growth is further buoyed by regulatory openness to innovative blockchain solutions and a national focus on expanding Web3 and decentralized technology adoption, strengthening Hyperliquid's position as a key asset for Canadian investors and enterprises alike.

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.