Hyperliquid attract $12B inflows as HYPE rise 25% YTD — traders dey watch TVL and derivatives
Hyperliquid don turn big capital hub, e draw about $12 billion inflows for the past three months — almost level with Ethereum and only waka Arbitrum. Na only top‑10 network wey show positive monthly growth, TVL don climb about 9% to above $2.3–2.4 billion depending on the report. Native token HYPE don grow about 25% year‑to‑date even though e drop about 8% last week. Derivatives activity dey strong: perpetual trading volume and open interest high (open interest ≈ $1.12B; weekly perp volume and TVL metrics reported elevated), perpetual funding rates positive, and staking rewards for HYPE holders big. Network revenue hit record levels for the latest report, showing rising on‑chain utility and trader engagement. Key trading takeaways: monitor TVL inflows, on‑chain stablecoin flows, open interest and funding rates to confirm bullish momentum; watch resistance near $48 and all‑time highs near $59 for HYPE price action. Because of recent consolidation and neutral momentum indicators, traders should combine on‑chain signals with risk management before positioning.
Bullish
Di report dem join show say plenty capital dey enter, TVL dey rise, derivatives metrics strong (high open interest, positive funding rates, high perp volume) and network revenue hit record — all na signs wey normally dey support price increase for the native token. HYPE don gain 25% YTD and big staking rewards dey boost demand side. Short-term caution bi necessary because of recent ~8% pullback and neutral momentum indicators (e.g., RSI), so immediate price fit consolidate or do choppy rallies. But if TVL and on-chain inflows continue grow and funding rates stay positive, e go likely sustain a bullish trend toward resistance around $48 and the all-time high near $59. So overall price impact dem classify as bullish, with possible short-term volatility.