Hyperliquid Set for Potential Surge to $32 if Resistance is Broken

• Hyperliquid (HYPE) is currently trading near $27.12, with analysts suggesting a potential price surge to $32 if the $30 resistance level is broken according to market analysis.
• The global DeFi market is expected to grow significantly, with a forecasted CAGR of 68.2% from 2026 to 2033. Hyperliquid has emerged as a high-performing DeFi protocol, particularly in the derivatives sector as reported.
• Uniswap's governance proposal to expand protocol fees across multiple blockchains could boost revenue by up to $27 million annually, potentially increasing UNI token burn rates according to analysis.

Hyperliquid's price currently stands at $27.12, down 3.68% in the last 24 hours. The 24-hour trading volume is about $257 million, with a recent cooling to $246.77 million as of Jan. 27, 2026 according to data. Market analysts suggest that a break above $30 could push the price toward $32. Holding above $27.5 supports the current rebound, while a drop below $27.5 could expose lower support levels. If HYPE drops below $27.5, the next support level to watch is $26.5, with a potential further drop to $25.5.

The DeFi market size was $26.94 billion in 2025 and is expected to grow to $37.27 billion in 2026, with further acceleration to $1,417.65 billion by 2033 according to forecasts. The protocol stood out as a top performer in 2025, growing its TVL by 29% to $2.85 billion. The protocol generated over $800 million in revenue in 2025, driven by high-frequency trading and market-maker activity according to reports.

The proposed Uniswap governance vote aims to expand the fee switch to eight additional blockchains, activating fees across all liquidity pools by default using a v3 tier-based model. This would capture fees from liquidity providers and redirect them to the protocol treasury, enabling UNI token buybacks and burns according to market analysis. The change could add approximately $27 million in annualized revenue, on top of the $34 million already being generated. If approved, the proposal would automate protocol fee capture for new v3 pools, potentially broadening revenue collection and reducing manual intervention according to projections.

What Is the Current Price Action of Hyperliquid?

Hyperliquid's price is currently at $27.12, with trading volume showing a decline to $246.77 million as of Jan. 27, 2026, from late 2025 peaks near $1 billion according to market data. Analysts suggest that if HYPE breaks the $30 resistance, it could move toward $32. The price action shows a tightening range near the upper-trend resistance, and a break above $30 may open the path for further gains according to technical analysis.

What Is the Projected Growth of the DeFi Market and Hyperliquid's Role?

The global DeFi market is expected to grow from $26.94 billion in 2025 to $37.27 billion in 2026, with further acceleration to $1,417.65 billion by 2033 according to forecasts. Hyperliquid has grown its TVL by 29% to $2.85 billion in 2025 and generated over $800 million in revenue, driven by high-frequency trading and market-maker activity according to reports.

How Might Uniswap's Governance Proposal Impact the Market?

Uniswap's proposed governance vote introduces a v3OpenFeeAdapter that automatically applies protocol fees across liquidity pools. This would redirect fees from liquidity providers to the protocol treasury, enabling UNI token buybacks and burns according to market analysis. The change could add approximately $27 million in annualized revenue, on top of the $34 million already being generated. If approved, the proposal would automate protocol fee capture for new v3 pools, potentially broadening revenue collection and reducing manual intervention according to projections.