Hyperliquid breaks records: Altcoin reaches new all-time high!
Bitcoin hits new all-time high while Hyperliquid stands out with record gains in the DeFi market. Current developments and analyses.

Hyperliquid breaks records: Altcoin reaches new all-time high!
On May 23, 2025, Bitcoin (BTC) reached a new all-time high (ATH), leading to a significant increase in several altcoins. One of these altcoins is Hyperliquid (HYPE), which has particularly stood out amidst this positive market movement. Loud Newsbit HYPE set a record price of $37.24 on the same day. This increase highlights the remarkable trend as Hyperliquid's price almost doubled in a month.
With a current market capitalization of over $11.2 billion, Hyperliquid has established itself in the top 20 largest cryptocurrencies and is currently ranked 14th. The project, which was launched in November last year, focuses on decentralized finance (DeFi) and perpetual futures trading systems, which have no expiration dates and are therefore more flexible in use.
Regulatory focus and technological progress
Hyperliquid has stood out not only for its price performance, but also for its proactive stance towards regulatory measures. Two formal letters were submitted to the US regulator Commodity Futures Trading Commission (CFTC). These letters call for clear regulations for perpetual futures and the legalization of 24/7 trading in the crypto market.
Hyperliquid's technology leadership in the DeFi scene is underlined by its support and interest in responsible growth. Observers expect that developments in the crypto derivatives sector and market structure could be heavily influenced in the coming months. This could not only benefit Hyperliquid, but also open up growing opportunities for other projects.
Market analyzes and expert opinions
Shaurya, co-head of CoinDesk's Tokens and Data team in Asia, regularly engages in crypto derivatives, DeFi and market structure analysis. This shows how important the crypto derivatives space is becoming, especially in light of growth projects like Hyperliquid. These developments could also have broad implications for the entire crypto landscape, which is increasingly characterized by regulatory considerations ( CoinDesk ).
Certain analyzes assume that these regulatory measures will be crucial not only for Hyperliquid but also for other platforms in order to maintain their market position and promote further growth. The coming months promise exciting developments and potentially dynamic growth in the digital currency markets.