$6.2B AUM Boom: Is Hyperliquid’s $HYPE Set to Smash Its ATH?

Hyperliquid Price Nears Record High as Assets Under Management Surge to $6.2 Billion

The cryptocurrency market is once again buzzing with excitement as Hyperliquid ($HYPE) records a major milestone. The decentralized trading platform’s assets under management (AUM) have surged to an unprecedented $6.2 billion, crossing the $6 billion mark for the first time in its history. This record-setting moment has not only caught the attention of retail investors but has also sparked serious interest from institutional players looking for high-growth opportunities in the decentralized finance (DeFi) sector.

Record-Breaking Inflows Signal Investor Confidence

On August 13, Hyperliquid experienced the largest single-day deposit in its history, with a staggering $395 million in net inflows. According to on-chain data, these deposits included $304 million in USDC and $47.6 million in Ethereum (ETH), along with smaller amounts in other digital assets.

Source:  Kucoin Ventures Hyper 

Charts tracking inflow patterns reveal a dramatic spike, with the light-blue USDC bars and green ETH bars standing out prominently against previous trading days. Market analysts say such a sharp surge in deposits often reflects a combination of whale accumulation, strategic portfolio shifts, and anticipation of major platform developments.

Where Is the Money Going? Tracking Hyperliquid’s Capital Allocation

A closer look at the Hyperunit Total Value Locked (TVL) chart shows that much of the incoming capital is being allocated toward Bitcoin (BTC), Ethereum (ETH), and Pump tokens. This movement indicates that traders are using fresh stablecoin deposits to open leveraged positions or diversify their holdings across high-demand trading pairs.

Hyperliquid’s official account on X (formerly Twitter) confirmed that HyperEVM’s TVL has now reached $4.25 billion, marking another all-time high for the platform. This milestone highlights the rapid expansion of Hyperliquid’s ecosystem and the growing adoption of its decentralized trading infrastructure.

Market observers note that strong inflows into DeFi protocols often precede liquidity-driven rallies, as the additional capital increases the platform’s depth, reduces slippage, and attracts more traders seeking efficient order execution.

Hyperliquid Price Analysis: Testing the All-Time High

At the time of writing, $HYPE is trading at $46.69, up 2.98% in the past 24 hours. Trading volume has also surged, reaching $556.53 million—a 26.9% increase compared to the previous day. This uptick in both price and volume has intensified speculation about whether Hyperliquid is on the verge of breaking its all-time high (ATH) of $49.

Source: X

The price rally comes after a sharp climb from around $40 earlier this month to nearly $48, followed by a brief period of profit-taking. Despite this minor pullback, technical indicators suggest that bullish momentum remains intact:

• Relative Strength Index (RSI): At 60.35, the RSI is in a neutral zone, suggesting there’s still room for further gains before the asset becomes overbought.

• MACD (Moving Average Convergence Divergence): The MACD histogram is showing positive green bars, signaling upward momentum and continued buying interest.

• Support & Resistance: Strong support has formed around $46, with key resistance levels at $48–$50.

If these technical patterns hold, analysts believe that a clean breakout above the $50 mark could propel $HYPE into price discovery, setting new highs in the coming weeks.

Source: TradingView

Why Hyperliquid Is Rallying: Three Key Drivers

Several market factors are converging to push Hyperliquid’s price higher:

1. Historic Net Inflows – The $395 million deposit on August 13 has injected significant liquidity into the platform, creating a bullish sentiment among traders and signaling strong institutional and retail demand.

2. Altcoin Season Momentum – Searches for “altcoin” have reached their highest level since 2021, indicating renewed investor interest in alternative cryptocurrencies. Analysts note that the altcoin market capitalization recently broke major resistance trendlines, sparking rallies across multiple tokens, including $HYPE.

3. Bitcoin and Ethereum’s Strength – Bitcoin’s recent climb to $124,000 and Ethereum’s push toward $5,000 have lifted sentiment across the crypto sector. Historically, strong performance in BTC and ETH often fuels gains in high-potential altcoins, creating a trickle-down effect that benefits platforms like Hyperliquid.

Short-Term Price Predictions: What’s Next for $HYPE?

Bullish Case:
If $HYPE maintains support above $46, the next target zone is $48–$50. A decisive daily close above this range could trigger a rally toward $55–$57, matching the most optimistic analyst projections for this cycle.

Bearish Case:
If the token fails to break the $48–$50 resistance, a rejection could lead to a pullback toward the $44–$45 range, where the next major support lies. However, given the strong trading volume, a deep correction appears less likely unless broader market sentiment turns negative.

Market Sentiment: Traders Anticipate a Breakout

Social media chatter and trading forums are filled with speculation that $HYPE could enter price discovery mode before the end of Q3 2025. Many traders are pointing to Hyperliquid’s rapid TVL growth and record inflows as catalysts that could drive sustained price appreciation.

Meanwhile, long-term investors highlight the platform’s expanding ecosystem, liquidity depth, and active user growth as fundamental reasons to remain bullish.

Still, some analysts caution that high inflows can sometimes precede volatility, as traders may use leveraged positions that amplify both gains and losses. This means risk management will be crucial for anyone looking to capitalize on the potential breakout.

The Bigger Picture: Hyperliquid’s Role in the DeFi Landscape

Hyperliquid has quickly established itself as a leading decentralized trading platform, competing with giants like dYdX and GMX. Its ability to attract billions in liquidity within a short timeframe demonstrates the shifting trend toward decentralized exchanges (DEXs) that offer deep liquidity, lower fees, and on-chain transparency.

If current growth continues, Hyperliquid could become a dominant player in the DeFi derivatives market, further increasing demand for its native token. This would not only benefit $HYPE holders but could also reinforce the broader adoption of decentralized trading infrastructure.

Conclusion: A Critical Juncture for $HYPE

With assets under management at $6.2 billion, record-setting daily inflows, and bullish technical indicators, Hyperliquid is positioned at a pivotal moment. The coming days and weeks will reveal whether this momentum can push $HYPE past its all-time high and into uncharted territory.

Investors and traders alike will be watching closely. A sustained breakout above $50 could confirm the next major leg up, while failure to hold key support levels may lead to a temporary retracement.

In a market driven by both fundamentals and sentiment, Hyperliquid’s ability to maintain its growth trajectory could determine whether it becomes one of 2025’s biggest DeFi success stories—or just another temporary hype cycle.

Writer @Erlin

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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