Cantor Fitzgerald Projects Major Growth For Hyperliquid (HYPE) In Explosive New Report
Cantor Fitzgerald, one of many world’s main asset administration corporations, has launched an in-depth report highlighting the promising way forward for the decentralized change (DEX) Hyperliquid (HYPE).
The 62-page analysis predicts important progress for each the platform and its native token over the subsequent decade, portray a bullish outlook for traders.
Hyperliquid As ‘The Exchange Of All Exchanges’
As detailed within the report, Hyperliquid operates as a decentralized change specializing in buying and selling perpetual futures and is constructed on a customized layer-1 blockchain. Currently, HYPE has a completely diluted market cap of roughly $15.8 billion.
Year-to-date (YTD) 2025, the platform has generated a powerful $874 million in charges from a staggering $2.947 trillion in buying and selling quantity.
A key function that makes HYPE notably enticing, and highlighted within the report, is its distinctive payment construction: roughly 99% of all charges generated by the protocol are allotted to repurchasing and burning the underlying token.
This mechanism not solely helps the worth of HYPE but in addition reduces its circulating provide. In early 2025 alone, about 2.6% of all HYPE tokens anticipated to be in circulation, or roughly 5% of the present provide, have been repurchased and burned.
With the anticipation of recent product launches, Cantor Fitzgerald views HYPE as “the change of all exchanges” and believes there’s a practical path for annual charges to soar to $5 billion throughout the subsequent decade.
Why Market Dynamics Favor HYPE
When it involves the platform’s native token, HYPE has efficiently captured appreciable market share and emerged as one of many standout merchandise within the cryptocurrency area over the previous yr.
In addition to perpetual buying and selling, Hyperliquid has launched spot buying and selling and HIP-3 markets, enabling customers to create new markets for quite a lot of belongings together with shares and commodities.
Cantor Fitzgerald’s report emphasizes that the instant determinant of HYPE’s market value will hinge on business sentiment relating to competitors. The capacity of rising rivals to problem HYPE and have an effect on its fee-generating capability is paramount.
However, the report argues that present fears surrounding competitors could also be overstated. It posits that “level vacationers”—those that shift from platform to platform searching for incentives—are more likely to return to the platform providing the deepest liquidity and finest execution, which, based on Cantor Fitzgerald, is Hyperliquid.
A mere 1% enhance in market share from CEX opponents within the perpetuals sector may translate to roughly $600 billion in buying and selling quantity. Based on present perpetual payment charges, this might lead to a further $272 million in annual charges.
By making use of a conservative 25x valuation a number of to those charges, the potential market capitalization would rise to $6.8 billion.
HYPE Price To Reach $271?
Assuming reasonable share positive factors over the subsequent decade—projecting round 17% in perpetual trades and 18% in spot buying and selling—Hyperliquid’s annual charges may surpass the $5 billion mark.
A conservative valuation a number of of 25x, this could recommend a future market capitalization of roughly $125 billion. Given that just about all generated charges might be used to repurchase HYPE tokens, a big portion of the circulating provide may probably be purchased again by the point the platform reaches these payment ranges.
With a forecasted growth of the totally diluted market cap from roughly $15.8 billion at this time to $125 billion sooner or later, mixed with a declining provide of HYPE tokens, the projected share value is poised to extend at a fair sooner tempo.
If 20% of the Hyperliquid token float is repurchased—valued at round $3.5 billion at this time—the report means that the HYPE value may attain $271 at a completely diluted valuation of $125 billion.
The projections recommend that if HYPE captures simply 1% of the market share yearly and maintains constant buying and selling volumes from CEXs, the value of HYPE may develop considerably.
By yr 10, the asset supervisor believes that circulating provide may lower from 577.2 million to roughly 144.9 million, whereas the market cap may stay round $16.1 billion based mostly on conservative payment estimates excluding spot and HIP-3 revenues.
At the time of writing, Hyperliquid’s native token is buying and selling at $26.49, having recorded main losses of virtually 32% over the previous month. This represents a 55% hole from the present buying and selling ranges and the all-time high of $59.30.
Featured picture from DALL-E, chart from TradingView.com