$10 Trillion in Stablecoins: The Scenario That Would Propel HYPE
Arthur Hayes presented a detailed analysis during the WebX Asia conference. He justifies a 126x upside potential for the Hyperliquid HYPE token. This exceptional forecast is based on the massive expansion expected in the stablecoin market, which should reach $10 trillion by 2028.
According to Hayes projections, Hyperliquid will capture 26.4% of the trading volume associated with this explosive growth in stablecoins. This significant market share would allow the DEX to increase its annualized revenue from $1.2 billion currently to $258 billion by 2028, a more than 200-fold increase.
Hayes applied a 5% discount rate to calculate the terminal value of HYPE token revenues at $5.161 trillion. With a current fully diluted valuation (FDV) of $41.05 billion, this effectively represents a 126x upside potential for early investors.
Hyperliquid Surpasses Coinbase and Bybit in BTC Volume
Hyperliquid is already confirming its rising momentum by surpassing Coinbase and Bybit in 24-hour BTC trading volume. According to Ryan Watkins, co-founder of Syncracy Capital: “BTC spot on Hyperliquid just did more 24h volume than Coinbase and Bybit combined.”
This remarkable performance positions the DEX as an “all-in-one exchange” serving different types of industry players. Hyperliquid is rapidly emerging as a reference platform for spot trading of BTC, ETH, and SOL, with operations that run smoothly.
Hyperliquid’s assets under management (AUM) recently crossed the $6.2 billion mark, demonstrating the platform’s growing adoption. Large-scale transactions, including 9-figure BTC deposits and substantial ETH withdrawals, are executed within minutes on its decentralized infrastructure.
Circle, the issuer of the USDC stablecoin, is also moving its assets to this decentralized exchange. This confirms the confidence of regulated players in Hyperliquid’s infrastructure. This institutional validation strengthens the platform’s credibility.
HYPE Has Exploded by +300% Since April
The HYPE token is already confirming part of the bullish expectations with a performance of +300% since April’s lows. It is currently trading around $45. This progression already places the altcoin among the top 15 crypto assets by market capitalization.
The token’s daily trading volume has jumped 78% to $278 million, signaling a strong bullish sentiment among traders. This increased liquidity facilitates significant entries and exits without major price impact.
HYPE gained 5% on the day of the WebX Asia conference, resisting the general correction in the crypto market. This resilience demonstrates investors’ specific interest in the project, independently of global market movements.
How to Buy HYPE on Bybit?
With its technological advances and growing adoption, Hyperliquid appears well-positioned to continue performing and establish itself as one of the most promising cryptocurrencies in the market.
Here’s how to capitalize on it through Bybit with reduced fees:
- Create a Bybit account: Go to Bybit.com and register with an email address or phone number. Complete level 1 KYC verification (mandatory) by providing ID and a selfie, a process taking 24-48 hours.
- Fund your account: Access the “Deposit” section via the “Assets” tab. Deposit USDT via SEPA transfer (free, 1-2 days) or credit card (3.5% fee). You can also transfer cryptos like BTC or ETH from another wallet.
- Access the SOL pair: In the “Trade” > “Spot Trading” tab, search for HYPE/USDT or HYPE/USDC. Bybit offers spot and derivatives pairs with leverage up to 10x. The current price of SOL is around $45 (August 25, 2025).
- Place a buy order:
- Market order: Buy immediately at the current price ($45). Enter the desired HYPE quantity.
- Limit order: Set a target price (e.g., $45 to capture a correction). The order will execute when the market reaches this price. Stagger your orders (30% at -5%, 40% at -10%, 30% at -15%) to optimize your entry.
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