Discover why the HYPE token from Hyperliquid may be the most underrated DEX token in today’s DeFi landscape. This analysis highlights key tokenomics, TVL, and open interest metrics driving growth, explains Hyperliquid’s on‑chain order book and perpetual trading edge, and reveals why institutional interest, high APR USDC vaults, and community‑centric token distribution make HYPE a standout opportunity. Dive into undervalued potential and why DEX tokens like HYPE deserve serious attention.