Hyperliquid (HYPE) has been creating ripples in the cryptocurrency market, garnering immense popularity and interest from investors and traders. With its recent performance and potential for future growth, many are wondering if the current valuation accurately reflects its prospects. Our introduction, including a detailed analytical deep dive on Hyperliquid’s valuation and deal terms. Here’s a look at the SOTP model, some key assumptions and risks associated with it. Our aim is to give you an objective look at things, to better equip you to make smart decisions about whether or not you should HYPE.

Introduction to $PENGU

Getting to the bottom of what something like Hyperliquid is worth involves a little more nuance. It’s just as important to look beneath the current $40.87 price tag to see the historical context. Considerations including market sentiment, technical indicators, and future projections are all important factors at play. By looking through these factors, investors can get a better idea of whether HYPE is truly subdued and undervalued, overvalued, or fairly priced.

This analysis will look into Hyperliquid’s recent performance, including its outstanding three-month gain of 195.37%. We’ll track how well HYPE does compared to other Cryptos. … as well as technical indicators, such as the Relative Strength Index (RSI) and moving averages. In addition, it will look at expected future price forecasts and the general public perception of the market as it relates to HYPE.

Overview of $PENGU

Hyperliquid has unambiguously captured a ton of growth and hype these recent months. Its performance since inception has outstripped major cryptocurrencies such as LINK, UNI, and AAVE, proving its potential in the market. The derivatives volume on Hyperliquid surpassed $248 billion in May, highlighting the platform’s rising adoption.

This is because listings on the four largest cryptocurrency exchanges – Binance, KuCoin, Huobi, and OKEx – can drastically affect a coin’s visibility, liquidity, and overall market perception. Once a crypto gets a listing on a popular exchange, it immediately has access to millions of potential investors. This increased exposure typically leads to higher trading volumes and greater price appreciation.

  • Current Price: $40.87
  • Three-Month Change: +195.37%
  • Volatility: 6.06%
  • Green Days: 16 out of 30 (53%)
  • 50-Day SMA: $36.64
  • 14-Day RSI: 51.36
  • Sentiment: Bullish
  • Fear & Greed Index: 65 (Greed)

Importance of Listings in Cryptocurrency

Beyond the capital raised, listings lend legitimacy and credibility to a project. Exchanges typically conduct due diligence before listing a cryptocurrency, which signals to investors that the project has met certain standards. This will increase investor confidence and open the door to more institutional and retail investors.

The announcement does not indicate that $PENGU is currently trading on Crypto.com. We need to dig into the broader advantages of any such listing to get a handle on its implications for other cryptocurrencies.

$PENGU's Listing on Crypto.com

Once the fourth most popular crypto exchange in the world, Crypto.com has faced a share of challenges. It provides a full suite of financial services, from trading, staking and lending to a crypto-backed Visa card. With its highly engaged and robust user base, it has become an attractive platform for new crypto projects looking to gain exposure.

What is Crypto.com?

A listing on Crypto.com can bring several advantages to a cryptocurrency project:

Benefits of Being Listed on Crypto.com

Now, let’s replace $PENGU with HYPE. And thus we can address how HYPE functions as the main token of the Hyperliquid DEX.

  • Increased liquidity: Crypto.com has a large trading volume, which can make it easier for investors to buy and sell the listed cryptocurrency.
  • Broader audience: Crypto.com's user base spans across the globe, providing the listed cryptocurrency with access to a diverse pool of potential investors.
  • Enhanced credibility: Crypto.com's due diligence process can lend credibility to the listed cryptocurrency, making it more attractive to risk-averse investors.
  • Marketing opportunities: Crypto.com often promotes new listings to its user base, providing valuable marketing exposure for the listed cryptocurrency.

$PENGU's Listing on Hyperliquid

Hyperliquid is a high-performance decentralized exchange (DEX) built for world-class trading experience. It features ultra-low latency, high throughput and complex order types. These reasons make it extremely attractive to both retail and institutional traders. Hyperliquid’s unique infrastructure and prioritization of speed and efficiency distinguish it from other DEXs.

Overview of Hyperliquid

As the native token for the Hyperliquid DEX, HYPE stands to gain enormously from its connection to the thriving platform. Some of the advantages include:

Advantages of Hyperliquid for $PENGU

Once again, replacing $PENGU with HYPE, we can observe how HYPE’s presence on the Hyperliquid DEX affects its growth.

  • Utility within the ecosystem: HYPE is likely used for various purposes within the Hyperliquid ecosystem, such as paying trading fees, participating in governance, and staking to earn rewards.
  • Increased demand: As the Hyperliquid DEX gains popularity and trading volume increases, the demand for HYPE is also likely to rise, potentially driving up its price.
  • Alignment of incentives: The success of the Hyperliquid DEX is directly tied to the success of HYPE, creating a strong incentive for the platform's developers and users to support the token.

Impact of Listings on $PENGU's Growth

HYPE, the native token of massively booming DEX Hyperliquid HYPE, gets absolutely massive exposure. That high exposure leads to it being more accessible to a widespread audience. Traders and investors who use the platform are naturally exposed to HYPE, which can lead to increased awareness and adoption.

Increased Visibility and Accessibility

The increased visibility and utility that Hyperliquid will bring is sure to have a positive effect on HYPE’s price, but more importantly, it’ll help attract more investor interest. As the platform matures, more users will screen HYPE. Such growth will inevitably make this limited resource more valuable, rewarding the early adopters and attracting new investors.

Potential for Price Movement and Investor Interest

To properly gauge Hyperliquid’s fair value, we can use a sum-of-the-parts (SOTP) valuation model. This method unpacks the cryptocurrency to understand its individual elements. From there, it assigns a value to each component individually before aggregating them together to calculate an overall valuation.

Hyperliquid (HYPE) Valuation: Sum-of-the-Parts (SOTP) Model

One of the biggest things to look at is Hyperliquid’s trading volume and fees. Marking just how active users have been on the platform, the volume of derivatives traded on platform ballooned to over $248 billion in May. Looking only at the fees they have generated from these trades provides a quick way to lay out the revenue potential of the platform.

Equally as important, though, is the added value found in the Hyperliquid ecosystem. That extends to the technology, infrastructure, and community of education that holds up the platform. Active users is one of the most important factors in deciding how much a social platform is worth. Developer activity and overall sentiment towards the platform is hugely significant.

Lastly, the potential for future growth should be included in the SOTP valuation. That’s everything from looking at the platform’s intended roadmap for expansion, incorporating new features, and potential partnerships. It’s possible to project future revenue based on expected increases in user adoption, allowing estimates of the upside Hyperliquid could have.

The SOTP valuation model is based on a few core assumptions, which can completely alter the final valuation’s accuracy. A fateful assumption here is the ongoing success of the Hyperliquid platform. The battleground the platform cannot simply rest on its laurels and declare itself a winner. If it doesn’t achieve those numbers, that valuation may be cut in half.

Key Assumptions and Potential Risks

The second large assumption is that the cryptocurrency market remains stable. In addition, market downturns or regulatory changes may negatively affect the value of Hyperliquid and the broader cryptocurrency market.

Recent price action shows that HYPE was unable to hold the value of $0.24, losing 25.28% over the past week. By August 7, 2025, the expected value is $27.97. Even long-term price forecasts for 2026 predict a maximum price of $90. They recommend a possible low of at least $25, with an average price closer to $50. Take a skeptical eye to these projections. They’re only as good as the data and market conditions they presume, which are subject to dramatic upheaval.

Technical indicators offer a mixed picture. Despite the bullish sentiment, HYPE’s RSI of 51.36 indicates that HYPE might not be overbought or oversold. The 100 simple moving average, as well as the 50 exponential moving average mostly show the bullish signal (buy signal), which may be viewed as a good sign.

  • Competition from other DEXs: The decentralized exchange landscape is highly competitive, with new platforms constantly emerging. Hyperliquid needs to continue innovating and differentiating itself to maintain its market share.
  • Regulatory uncertainty: The regulatory environment surrounding cryptocurrencies is still evolving, and new regulations could negatively impact Hyperliquid's operations.
  • Security risks: DEXs are often targets for hackers, and a security breach could damage Hyperliquid's reputation and lead to a loss of funds.

Price Prediction and Technical Analysis

Hyperliquid (HYPE) is one of the fastest-growing cryptocurrencies on the market today. With that in mind, its stunning three month run and the increasing derivatives volume on the Hyperliquid DEX paints a promising picture. Be cautious of the 2025 projected price decrease. In addition, watch out for the risks that come with the cryptocurrency market.

The SOTP valuation model provides a logical method to value Hyperliquid’s fair value. It takes the company apart piece by piece and examines each part to see how it will continue to grow, or not. Then, investors will be able to make better informed decisions about investing in HYPE. They can do this by being transparent and honest about the most important assumptions and risks involved.

Conclusion

Summary of Key Points

Replacing $PENGU with HYPE shows that the long term success of HYPE depends on a few important factors. These factors involve the continued development of the Hyperliquid DEX, the general state of the crypto market, and the ability of the platform to develop and transition to new regulatory environments. If Hyperliquid is able to overcome these hurdles, HYPE could become a highly sought-after investment opportunity. Nonetheless, investors need to understand the associated risks and do their due diligence before making any investment.

The SOTP valuation model provides a framework for assessing the fair value of Hyperliquid by breaking it down into its individual components and considering its potential for future growth. By carefully evaluating the key assumptions and potential risks, investors can make more informed decisions about whether to invest in HYPE.

Future Prospects for $PENGU

Again, substituting $PENGU with HYPE, the future prospects for HYPE depend on several factors, including the continued growth of the Hyperliquid DEX, the overall health of the cryptocurrency market, and the ability of the platform to innovate and adapt to changing regulatory conditions. If Hyperliquid can successfully navigate these challenges, HYPE has the potential to become a valuable asset for investors. However, investors should be aware of the risks involved and conduct thorough research before making any investment decisions.