Hyperliquid DEX token gains 300% in 2 months: Is the HYPE justified?

June 23, 2025

Hyperliquid DEX token gains 300% in 2 months: Is the HYPE justified?

HYPE is up 300%, and Hyperliquid leads the DEX perp market. But with a $38B valuation and just 21 validators, some question if the rise is sustainable.

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