Hayes Predicts 126× HYPE Rally as Hyperliquid DEX Volume Surges

Published: 2025-08-25 08:45:36 |

At Tokyo WebX 2025, BitMEX co-founder Arthur Hayes forecasted a potential 126× rally for the HYPE token over three years. In the past 24 hours, HYPE token rose nearly 4%, trading around $45.64 and briefly testing $47 resistance, within 7% of its July high near $50. On-chain metrics highlight record open positions at 198,397 contracts, over $15 billion in open interest and $31 billion in wallet equity. DefiLlama data shows weekend trading volume of $1.56 billion, July fees at $93 million and TVL at $685 million. Hyperliquid now commands over 75% of the decentralized perpetual market, with daily volumes reaching $30 billion on select pairs. Hayes expects stablecoin expansion to boost Hyperliquid’s annualized trading fees from $1.2 billion to $258 billion, underpinning HYPE token’s intrinsic value. Traders should monitor on-chain metrics, fee growth and governance updates as key signals for short-term entries near the $50 level and long-term hold strategies.

Bullish

The forecast of a 126× rally for the HYPE token by Arthur Hayes, combined with rising on-chain metrics—record open interest, wallet equity—and growing DEX volumes and fees, indicates strong bullish momentum. Short-term traders are likely to capitalize on near-term resistance tests around $47–$50, while long-term holders may benefit from Hyperliquid’s expanding market share and potential fee growth from stablecoin integration. These factors support a bullish view on HYPE token.