$HYPE Token Eyes $200 by 2035 Amid DEX Competition


Cantor Fitzgerald forecasts Hyperliquid's $HYPE token will surge to $200 by 2035, driven by the Hyperliquid Improvement Proposal 3 (HIP-3) and growing decentralized exchange adoption. However, emerging rival platforms with lucrative reward farming systems are attracting traders and threatening the protocol's dominance in perpetual futures trading.


Hyunsu Jung, CEO of HYPE treasury company Hyperion #DeFi , identified HIP-3 as the major driver of Hyperliquid's next growth phase and a key enabler of Cantor's valuation framework. Cantor Fitzgerald’s research note predicted that growing usage of decentralized trading venues would push the token above $200 within the next decade.


The prediction assumes the token's price will grow at a 15% compound annual growth rate while the Assistance Fund repurchases approximately 291 million $HYPE tokens, reducing total supply to 666 million. The AF is an on-chain entity that uses 99% of protocol trading fees to buy back $HYPE tokens, aiming to bolster demand artificially.

image
December 22, 2025 at 8:54 PM
2