Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
HYPE Hyperliquid, especially in the field of decentralized futures trading, has become one of the strong projects. The platform's biggest advantage is that it combines a fast, user-friendly trading experience similar to a centralized exchange with a decentralized structure. High trading volume and active use of the platform remain one of HYPE's most important fundamental supports. The important difference between HYPE token and many other projects is that it relies directly on the growth of the Hyperliquid ecosystem. The platform generates considerable revenue through transaction fees, and ecosystem growth and the addition of new products are factors that support HYPE's demand in the long term. According to the latest data, Hyperliquid's TVL has reached billions of dollars, which also shows the scale of the ecosystem. In terms of the token economy, there is one issue that needs to be noted: the maximum supply is 1 billion HYPE, and the current circulation volume is much lower than this, so tokens entering the market in the future may generate selling pressure. In particular, unlocking and early investor/participant tokens entering the market is one of the risks that needs to be aware of.
From the technical analysis:
HYPE/USDT daily chart. After HYPE continued its upward trend and hit a record high, it then destroyed the daily structure and approached the important support level of $60. If the area is recovered, the daily structure may turn positive again, and we may see a new historical high attempt. In a smaller time frame, the US$58 area has formed a new high and is now an important demand area for us. Stabilizing prices above the region will help continue the current upward structure. If it falls below US$58, the internal upward structure may end and prices may retreat to US$53, thereby absorbing liquidity below. $53 is also the main support level in the upward trend starting from the bottom. Therefore, HYPE needs to pay close attention to US$58 in the short term, and from the overall structure, US$53 is an area that needs to be paid attention to.
