Hyperliquid is a high-performance DeFi protocol running on its own Layer-1 blockchain, purpose-built for traders and liquidity:
Handles ultra-fast transactions — block times ~1 second, processing up to 100,000 orders per second ⚡
Specializes in perpetual futures — derivatives trading without physical settlement 🔄
⸻
🎯 Utility of the HYPE Token
Governance: holders vote on key decisions and future development
Fee discounts: trading fees are reduced when using $HYPE
Staking: token lock-up helps secure the network and earns rewards
⸻
📊 Tokenomics
Total supply: 1 billion HYPE
Distribution:
38.9% — rewards & future emissions
31% — initial distribution phase
23.8% — core team
6% — protocol treasury
0.3% — community grants
⸻
📈 Why +78% Growth in May?
Aggro-fees: low trading fees make the platform attractive to margin traders
Market sentiment: $18.9B daily turnover and record open interest place it among the top 5 derivatives platformsglobally
Speculative targets: community buzz around $40–55 by June 2025 and up to $77+ by year-end
⸻
✅ Who Should Pay Attention?
🔹 Day traders seeking speed and ultra-low fees
🔹 DeFi enthusiasts, especially in perps and derivatives
🔹 Forward-looking investors tracking ecosystem expansion and price growth
⸻
⚠️ Key Risks
New L1 with limited track record — audit and reliability still under review
Volatility — sharp price increases may be followed by corrections
Regulatory uncertainty around DeFi derivatives and protocol-based custody
⸻
📌 Takeaway
HYPE is a standout DeFi protocol focused on speed, liquidity, and cost-efficiency
The +78% surge in May and projections of $77–85 suggest momentum worth watching
However, proper due diligence is essential — audit status, team credibility, liquidity depth, and regulatory sustainability all matter