BCGAME - Free 5BTC Daily Bonus!- Hype rises with the expansion of the Hyperliquid ecosystem.
- Hyperliquid goes beyond decentralized exchanges.
- Hype attracts institutional investors and strengthens demand.
The cryptocurrency HYPE continues to gain ground among the leading digital assets in the market, driven by the rapid growth of Hyperliquid and the expectation that the platform will evolve into much more than a simple decentralized exchange. According to Hyunsu Jung, CEO of Hyperion DeFi, the market has not yet fully recognized the potential of this transformation.
According to the executive, Hyperliquid is building a structure capable of competing with some of the largest companies in the global financial sector. In his assessment, the project has already reached a scale that allows comparisons with large traditional trading platforms when analyzed from the perspective of its market valuation.
“If you compare it to CME, IBKR, or Robinhood, it’s starting to get into that range when you consider the fully diluted valuation,” Jung said. “Hyperliquid is going beyond that.”
The observation comes after HYPE's fully diluted valuation approached $75 billion before a recent market correction. The token reached an all-time high above $76, supported by a combination of favorable factors.
Among the main drivers of the appreciation are the strong inflows into exchange-traded funds (ETFs) linked to the asset, the platform's ability to generate consistent revenue, and the token buyback program implemented by Hyperliquid. Even with periodic token releases, demand for the asset remained high.
HYPE's performance in 2026 is remarkable. The cryptocurrency has accumulated a valuation increase of over 150% this year, standing out among the best-performing digital assets on the market.
Another factor that reinforced investor interest was the expansion of the ecosystem. Hyperliquid registered strong activity in products linked to traditional market assets. One example was the perpetual contract based on SpaceX shares launched through the HIP-3 proposal. On its debut day alone, the product moved approximately US$1,4 billion in trading volume, representing about 30% of all HIP-3 activity during that period.
Jung believes that Hyperliquid could follow a similar path to that seen in blockchain networks like Ethereum, Solana, XRP, and Cardano, where decentralized applications created their own economies and began generating millions in revenue daily.
“Most Layer 1 blockchains, such as Ethereum, Solana, XRP, and even Cardano, have this Layer 1 premium,” Jung stated. “We expect the same to happen with Hyperliquid.”
The executive also sees potential for much greater institutional participation in the coming years. According to him, regulatory advances in the United States could pave the way for registered financial advisors, insurance companies, and pension funds to join the Hyperliquid ecosystem.
In addition to betting on the appreciation of HYPE, Hyperion DeFi holds approximately two million tokens in its treasury. The company also generates revenue through staking assets and offering collateral for options trading, receiving income from fees and premiums within the network.
