Hyperliquid vs Raydium — how do they compare? Hyperliquid trades at Rp1,213,464 (market cap Rp306,56T, Rp8,29T 24h volume), while Raydium trades at Rp12,535 (market cap Rp3,35T, Rp235M 24h volume). The key difference: Hyperliquid is far larger — about 91.5× Raydium's market cap, and Hyperliquid's circulating supply is 253M / 953,3M HYPE (27%) versus 269,3M / 555M RAY (49%) for Raydium. Which is the better fit depends on your goals — on Pluang, investors hold Hyperliquid for 35 Days and Raydium for 24 Days on average.
| HYPE | RAY | |
|---|---|---|
Market Cap | Rp306,56T | Rp3,35T |
Volume (24h) | Rp8,29T | Rp235M |
Circulating Supply | 253M / 953,3M HYPE (27%) | 269,3M / 555M RAY (49%) |
Typical Hold Time | 35 Days | 24 Days |
Signals from Pluang's Aura AI — not financial advice
Hyperliquid (HYPE) is currently trading at Rp1,227,840 with a market cap of Rp310.99T, showing bearish technical signals with 11 sell signals versus 6 buy signals. The token faces resistance at Rp1,210,075 and finds support at Rp1,145,728. With only 27% of max supply in circulation and average hold time of 35 days, tokenomics suggest controlled distribution. Recent ecosystem developments include protocol upgrades focused on enhanced liquidity mechanisms.
Overall outlook remains cautious with bearish momentum dominating technical indicators. Key opportunities include the low circulation rate providing potential scarcity value, while major risks involve the strong bearish technical setup and regulatory uncertainty in crypto markets. Investors should monitor support levels closely for potential entry points.
Raydium (RAY) trades at Rp12,568, showing neutral technical signals with bullish moving averages but neutral oscillators. The token holds a market cap of Rp3.36T with 49% of its max supply circulating. Recent milestones include surpassing Rp1,000T in trading volume after listings on Robinhood and Revolut, and enabling tokenized SpaceX stock trading on Solana, boosting its ecosystem utility.
Outlook is cautiously optimistic due to growing exchange support and protocol innovation, but risks include high volatility and regulatory uncertainty. Key support lies at Rp11,834, with resistance at Rp12,514. Investors should monitor on-chain activity and broader crypto market trends for directional cues.
What Pluang investors did over the last 30 days
Latest headlines on both assets
Hyperliquid is an advanced blockchain platform designed to improve the efficiency and performance of decentralized finance (DeFi) applications. It is built on a custom Layer 1 blockchain that has been specifically engineered for optimal scalability and speed. A key feature of its design is HyperBFT, a proprietary consensus mechanism that provides rapid transaction finality while ensuring high security standards.
Read more on HYPE →Raydium (RAY) is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks.
Read more on RAY →