Hyperliquid / HYPE

🟡 Safety Report — Solana Token: D9U424Wi8QQJukgp.. Score: 54/100 (MEDIUM RISK) Source: RugCheck ⚠️ Risks found: • High market cap per holder • Low Liquidity ⚠️ Not financial advice. Always DYOR.

**Fundamentals** - **Token Name**: Hyperliquid (HYPE) - **Chain**: Solana - **Price**: $93.37 - **Market Cap**: $1.96B (ranked #11 globally) - **Liquidity**: $1.96B (99.98% of market cap), indicating high depth relative to size - **24h Trading Volume**: $118.71M (volume-to-market-cap ratio: ~6.06%) - **Supply Distribution**: High market cap per holder (flagged in safety report) - **Revenue & Fees**: Daily fees of ~$2.92M (~$1.06B annually); fee-to-market-cap ratio of 5.80% (strong efficiency) - **Active Holders**: Buy/sell counts are equal (29 each), suggesting balanced order flow - **Developer Activity**: Score of 100 (high confidence) - **TVL & Ecosystem Growth**: Score of 100 (strong ecosystem integration) **Market Activity** - **24h Volume**: $118.71M — indicative of active trading primarily on DEXs (DEX Screener link confirmed) - **Volume-to-Market-Cap Ratio**: ~6.06%, suggesting mid-to-high liquidity utilization - **Price Momentum**: Current price consistent with recent 30-day carry (mcap up 2.7% in 30d, unchanged from 365-day trend) - **Rank Momentum**: Stable in top 100; current rank #11; no significant movement in holdings history observed - **Sentiment**: Slight positive skew in recent news analysis (average sentiment: -0.01 across 96 articles; 72h average: +0.01). Slightly negative sentiment confirmed by 38 negative vs 35 positive headlines. - **BTC/ETH Parity**: Coin/BTC ratio = 0.00099271; weak correlation with BTC dominance (59.2%) - **Price Stability**: No derivative data available on Binance; no liquidation signals detected (data limitation) **Safety Assessment** - **Overall Safety Score**: 54/100 (MEDIUM RISK) — primarily due to high market cap per holder and low liquidity sensitivity - **Critical Red Flags**: - High market cap per holder: suggests concentration risk, potentially impactable by whale activity - Low liquidity: reported as risk (though actual liquidity value is $1.96B, this may reflect micro-cap relativity) - **No active exploitable vulnerabilities detected** in code or audit (no public audit referenced) - **Whale Flows**: No large transfers detected in recent blocks — evidence inconclusive due to sampling limits - **Derivatives**: No Binance futures data available (451 error). No derivatives liquidation signals found - **Volume Quality**: Data unavailable due to Binance API 451 (unavailable) error — cannot confirm volume legitimacy - **Technical Foundation**: No available technical audit or deployment history analysis from Binance - **Reputation Risk**: Gaps in public marketing and news coverage; sentiment neutral but hovering near negative **Risk Summary** - **High-Weight Risks**: Concentrated ownership (high market cap per holder), low verified liquidity depth (per risk report), and lack of verified volume quality data. - **Data Gaps**: Critical gaps due to Binance API 451 errors preventing volume, price, and derivative data analysis. No cycle phase, derivatives, or deep technical risk assessment. - **Positive Aspects**: Strong revenue generation ($2.92M/day), high market cap, strong developer and ecosystem scores, and balanced buy/sell orders. - **CAUTION**: Overreliance on DEX liquidity; no public audit or formal security review cited. High risk from potential whale manipulation or market cap inflation due to distribution imbalance. --- **Disclaimer**: This analysis is based on publicly available data and automated assessments. The information provided is for informational purposes only and does not constitute financial advice. Always conduct your own due diligence (DYOR). Token risks include, but are not limited to, market volatility, lack of transparency, smart contract flaws, regulatory issues, and supply concentration. The author(s) and platform assume no liability for financial losses.