Key Highlights
- VanEck CEO says, “We are bullish Hyperliquid”, revealing the company’s investment
- Hyperliquid (HYPE) tokens achieve a new all-time high, hitting a record high of $54.58
- Many DeFi platforms are migrating to Hyperliquid
Amid the boom in the ecosystem, the Hyperliquid community is achieving new milestones one after the other. Its rapidly growing popularity is now grabbing the attention of the leading global investment management company, VanEck.
Dear Hyperliquid community,
We are impressed by your product, the technology, the decentralized governance, and the method of your rollout.
And we think we can be part of a trusted, compliant solution.
We provide research to the community, for free, in an effort to be…
— Jan van Eck (@JanvanEck3) September 8, 2025
On September 9, Jan Van Eck, the CEO of the trillion-dollar asset manager VanEck, publicly praised the DeFi platform Hyperliquid, which sparked a surge in its native token, HYPE’s price.
In a post on X, Jan Van Eck expressed his admiration for Hyperliquid’s technology and its community-led approach. He also revealed that his firm has been invested in the project for months and is looking to deepen its involvement.
“We are bullish on Hyperliquid. We are owners (and have been for several months),” he said. This statement shows his strong confidence in this decentralized platform.
“And we’d be thrilled to be a part of your community’s ecosystem. We have spoken to many of the leading HyperEVM builders and continue to look for new ways to contribute to Hyperliquid, whether that’s through this Agora proposal or something else in the future,” he added further.
This statement from VanEck CEO, which is a big player in finance, is a major vote of confidence for the entire DeFi sector. For a CEO of a firm like VanEck to back it so openly shows that big money is starting to take these new platforms seriously.
Hyperliquid (HYPE) Surges 5.33%
The market’s reaction was quick and decisive. Within hours of van Eck’s post, the price of HYPE token surged by around 8%, hitting a record high of $54.58. Daily trading volume exploded to $570 million as investors rushed to get in, according to CoinMarketCap. At the time of writing, Hyperliquid is trading at around $53.32 with an impressive market capitalization of $17.8 billion.
The platforms popularity comes from its performance. It is built on its own custom blockchain that is incredibly fast and cheap to use. The platform offers features that appeal to serious traders, like the ability to trade with high leverage and even make some trades with zero fees.
Van Eck’s comments are more than just a compliment; they hint at a larger strategy. His announcement coincided with news that Hyperliquid is preparing to launch its own U.S. dollar-pegged stablecoin, called USDH. This move would put it in direct competition in the massive $255 billion stablecoin market.
Major established firms like Paxos and Frax Finance have already put forward proposals to help manage the issuance of this new stablecoin, showing that Hyperliquid is being viewed as a legitimate player by other serious companies.
This entire event highlights a significant shift. Traditional finance, often called “TradFi,” is no longer just watching DeFi from the sidelines. It is now actively participating, investing, and looking for ways to partner. Hyperliquid itself has been hugely successful, pulling in over $100 million in revenue just in the month of August.
While the news sparked celebration among crypto enthusiasts, with some predicting the HYPE token could soon reach $100, it also brought caution.
Some observers pointed out that Hyperliquid’s lack of strict identity checks (Know Your Customer or KYC rules) could eventually draw unwanted attention from regulators.
For now, however, the story is one of validation. When a pillar of the traditional financial system, like VanEck’s CEO, gives his public support, it sends a clear message that DeFi is moving into the mainstream.
Several platforms, including Lion Group Holdings, are migrating to Hyperliquid, converting Solana and Sui holdings into HYPE tokens, driven by its zero-fee trading and DeFi dominance.
