How Hyperliquid is Redefining Decentralized Perpetuals in 2025
This decentralized perps exchange has not only survived the bear marketâitâs thriving. Backed by real revenue, a growing user base, and a unique listing model, Hyperliquid is emerging as the âUniswap of Perps.â
Token Metrics Team
4 min
Want Smarter Crypto PicksâFree?
See unbiased Token Metrics Ratings for BTC, ETH, and top alts.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
 No credit card | 1-click unsubscribe
While most exchanges compete on liquidity or UI, Hyperliquid is rewriting the rules entirely. This decentralized perps exchange has not only survived the bear marketâitâs thriving. Backed by real revenue, a growing user base, and a unique listing model, Hyperliquid is emerging as the âUniswap of Perps.â
The Reverse Auction Listing System
Hyperliquid introduces a novel reverse auction system for listing tokens. Bidders compete for tickers, with starting prices set at 2x the previous auction. Some tickers have fetched over $1 million, with the fees used for buybacks and burnsâdriving long-term value to the ecosystem.
This model isnât just a gimmick. It introduces scarcity and gamification into token listingsâsomething no other exchange is doing at this level.
Sustainable Revenue and Strong UX
Unlike many DEXs, Hyperliquid generates consistent trading fees, even in sideways markets. Its EVM-compatible L1 is coming soon, which could further cement it as the go-to perps exchange for serious traders.
Product-Market Fit in Action
In a space where hype often outpaces adoption, Hyperliquid offers both. It's not trying to be firstâit's trying to be the best. The community listing process, upcoming L1, and high trading volumes all suggest itâs built for long-term relevance.
Smarter Trading with Token Metrics
To navigate emerging platforms like Hyperliquid, sophisticated analytics are key. Token Metrics provides a powerful suite of toolsâAI-driven trading signals, token grades, on-chain data, and market indicatorsâto help traders make confident, data-backed decisions. Whether you're evaluating new token listings, monitoring market sentiment, or comparing DEX performance, Token Metrics equips you with everything you need to stay ahead of the curve.
Final Take
Hyperliquid is more than just another DEXâitâs a case study in how to build sustainable tokenomics and community alignment. If youâre looking for the next big infrastructure play in trading, donât sleep on this one. And if you want to trade smarter, platforms like Token Metrics can be your secret weapon in decoding the market's next moves.
Build Smarter Crypto Apps & AI Agents in Minutes, Not Months
Real-time prices, trading signals, and on-chain insights all from one powerful API.
Token Metrics: AI-powered crypto research and ratings platform. We help investors make smarter decisions with unbiased Token Metrics Ratings, on-chain analytics, and editor-curated âTop 10â guides. Our platform distills thousands of data points into clear scores, trends, and alerts you can act on.
30 Employees
analysts, data scientists, and crypto engineers
Daily Briefings
concise market insights and âTop Picksâ
Transparent & Compliant
Sponsored â Ratings; research remains independent
See unbiased Token Metrics Ratings for BTC, ETH, and top alts.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
 No credit card | 1-click unsubscribe
Token Metrics Team
The Token Metrics Team comprises blockchain and cryptocurrency experts dedicated to providing accurate information and empowering investors. Through our blog, we aim to educate and inspire readers to navigate the world of cryptocurrencies confidently.
Token Metrics Team
The Token Metrics Team comprises blockchain and cryptocurrency experts dedicated to providing accurate information and empowering investors. Through our blog, we aim to educate and inspire readers to navigate the world of cryptocurrencies confidently.
Create Your Free Token Metrics Account
Access our Ratings Page for valuable token insights
Explore our Market Page for a comprehensive market overview
Stay in the loop with exclusive weekly Newsletters filled with insider tips and updates
Join our private Telegram group for exclusive community access
In the world of cryptocurrency, the term âmoonshotâ isnât just slangâitâs the dream. A moonshot is that rare token that delivers 100x or even 1000x returns, turning small investments into massive profits. But the real question is: how do you find these altcoins before they explode?
In this guide, weâll break down what moonshots are, how they work, and most importantly, how to use Token Metricsâthe leading AI-powered crypto analytics platformâto discover hidden gems before the crowd catches on.
What Are Moonshot Altcoins?
Moonshots are low market cap altcoins with high growth potential. These tokens often start under the radar, trading at fractions of a cent, and then experience explosive price action fueled by community hype, technical breakthroughs, or big news.
Common Traits of Moonshot Altcoins:
Market Cap < $50M â Small enough to grow exponentially
High Volatility â Swings of 20â100% daily are not unusual
Speculative Narrative â Often driven by trend cycles like AI, DePIN, or meme coin mania
Community Driven â Strong social momentum via X (Twitter), Telegram, or Discord
Limited Listings â Usually launched on decentralized exchanges (DEXs) before hitting major CEXs
These tokens carry high risk but also high reward. Timing and information are everythingâand thatâs where Token Metrics comes in.
How Moonshot Altcoins Work
The mechanics behind a moonshot typically follow a cycle of accumulation, hype, breakout, and profit-taking:
Early Accumulation â Smart money (including whales and insiders) buys in at low prices.
Volume Spike â Trading activity picks up as new investors notice price movements.
Parabolic Move â Price jumps rapidly due to FOMO and social media hype.
Peak & Correction â Early buyers take profits, causing volatility or sharp retracement.
Catching the token in Phase 1 or 2 is crucial. If you're entering during the parabolic move, the risk/reward ratio is much worse.
Thatâs why traders and investors rely on data and AI-powered tools like Token Metrics to identify moonshots before they explode.
How to Use Token Metrics to Find Moonshots
Token Metrics offers a dedicated Moonshots feature powered by machine learning models trained on thousands of historical signals. It helps you find high-potential altcoins before they go mainstream.
Hereâs a step-by-step guide to finding moonshot tokens using Token Metrics:
â Step 1: Go to the Ratings Page
From your Token Metrics dashboard, navigate to the âRatingsâ tab.
This is where tokens are scored using Trader Grade and Investor Grade, based on factors like:
Technical indicators
On-chain activity
Market momentum
Social sentiment
Trader Grade is especially important for identifying short-term opportunities and moonshot candidates.
â Step 2: Click on the âMoonshotsâ Tab
Inside the Ratings page:
Click the âMoonshotsâ tab at the top.
This filters tokens identified by the platformâs AI as having short-term explosive potential.
These are not random picksâthey are selected based on:
Sharp trader grade increases
Unusual volume and price action
Sentiment spikes
Market cap vs. performance anomalies
The Moonshots page refreshes in real-time to capture fast-moving opportunities.
â Step 3: Review Key Metrics
Each token listed in the Moonshots section includes crucial data to guide your decisions:
Trader Grade (with % change over time)
24-Hour Trading Volume â Helps gauge interest and momentum
Market Cap â Smaller cap = higher potential upside
Date of Entry â Know exactly when the token was flagged
Live ROI Since Moonshot â See how itâs performed since it was listed
Want to see past winners? Just switch to âPast Moonshotsâ to view previous AI picks and how they performed over 7â14 days. Many tokens in this category have delivered 5xâ20x returns in a matter of days.
â Step 4: Choose a Token to Explore
Click on any token from the list to open its Token Details Page.
Here, you can:
View a real-time price chart
Read a breakdown of fundamentals, including tokenomics, roadmap, and sector
See top holders (whales, insiders, or project wallets)
Review technical indicators, volume trends, and volatility
This deep-dive view gives you everything you need to make an informed decisionânot just guesswork.
â Step 5: Buy in Seconds
Once youâve done your due diligence:
Click the âBuyâ button directly on the Moonshots page.
This opens a swap widget that connects to top DEXs.
Choose your wallet, confirm the swap, and youâre doneâno need to leave the platform.
This seamless process saves time and allows you to act quickly in a fast-moving market.
Why Token Metrics Is the Best Tool for Moonshot Hunting
Finding 100x altcoins is about timing, data, and confidence. Token Metrics gives you all three:
đ Data-Backed Confidence
No more relying on anonymous influencers or Telegram groups. Token Metrics backs every moonshot with quantifiable metrics.
đ§ AI-Powered Predictions
The platformâs models constantly analyze price, volume, sentiment, and chain activity to spot anomalies and early breakouts.
đ Transparent Track Record
You can review past Moonshots and their ROIâtransparency that few platforms offer.
đĄ Trade-Ready UI
With integrated swap functionality, you can go from discovery to execution in under a minute.
Final Thoughts
Finding the next 100x altcoin is never easyâbut with the right tools, your odds improve dramatically.
Moonshots are real, and they happen frequently in crypto. But theyâre only lucrative if you find them early, analyze them rationally, and manage your risk.
With Token Metrics, you donât have to chase hypeâyou can rely on real-time analytics, AI-powered ratings, and actionable insights to guide your moonshot hunting.
If you're serious about catching the next 100x gem, start using Token Metrics today.
đ Start your free trial and unlock the Moonshots tab at TokenMetrics.com
Introduction: Decentralized Physical Infrastructure Networks (DePINs) are rapidly emerging as one of the most transformative sectors in the blockchain space. In 2025, projects like Andrena are pushing the boundaries of whatâs possible by bridging real-world hardware with decentralized protocols. This blog takes a closer look at the DePIN thesis, Andrenaâs approach, and why this project is on the radar of top investors and analysts.
What Is DePIN?
DePIN stands for Decentralized Physical Infrastructure Networks. It refers to blockchain-powered networks that coordinate real-world infrastructure using token-based incentives. Use cases include:
Wireless internet (e.g., Helium)
Sensor networks (e.g., WeatherXM)
Storage and compute (e.g., Filecoin, Akash, Arweave)
Energy grids (e.g., PowerPod)
In short, DePINs decentralize infrastructure deployment and management using blockchain-based coordination tools.
Why DePIN Matters in 2025
Infrastructure Gaps: Billions remain unconnected to the internet or lack access to basic digital services. DePINs offer a way to close these gaps without reliance on centralized telecoms.
Token Incentives for Network Participation: Hardware operators are rewarded for contributing bandwidth, compute, or coverageâcreating a new economic model.
Real-World Utility: Unlike speculative tokens, DePIN projects often provide visible, tangible value from day one.
Introducing Andrena: The Helium of the Internet?
Andrena is a DePIN project building a decentralized internet backbone through a combination of physical devices and blockchain protocols. The project is developing a hardware device called Black Box, expected to launch in July.
Key features:
Distributed, peer-to-peer wireless coverage
Web3 native incentives for node operators
No reliance on centralized ISPs
Tentative deployments in New York City, Mexico City, and Accra
Deep integration with Helium Network and its infrastructure
Andrena aims to give individuals and communities the power to run their own internet access points and be compensated in a decentralized system.
Why Itâs Generating Buzz
Token Metrics researchers flagged Andrena as a top pick for long-term infrastructure exposure. Here's why:
Backed by Top VCs: In its upcoming Series B, Andrena is reportedly raising funds from major firms including Polychain Capital, Archetype, Wintermute, and Coinbase Ventures.
Mass Market Vision: The goal is not just to serve crypto-native users, but also everyday consumers who simply want affordable, decentralized internet access.
Multi-layered Integration: Andrena will offer both physical routers and a browser extension, enabling different levels of participation.
Strategic Partnerships and Rollout
The project is currently in soft-launch mode with localized pilots and is pursuing exchange listings later this year. While details remain limited, the focus is on building a global decentralized ISP layerâa radical shift from the existing internet access model.
Why Andrena Could Succeed Where Others Struggled
Previous attempts at decentralized internet often failed due to:
Poor hardware UX
Limited adoption outside of crypto users
Unclear monetization models
Andrena appears to be addressing these pain points with:
Consumer-grade devices
Partner integrations (e.g., Helium)
Clear token utility tied to network usage and coverage
A well-capitalized, experienced founding team
Risks and Unknowns
As with all early-stage infrastructure projects, there are risks:
Uncertain regulatory frameworks around ISPs
Capital intensity of hardware production and distribution
Network growth dependent on physical deployment
Limited token utility details at this stage
Investors and builders should stay informed as more information becomes public.
How Token Metrics Is Tracking DePIN Growth
The Token Metrics platform is actively monitoring the DePIN space through metrics such as:
TVL (Total Value Locked) in related ecosystems
Developer activity and GitHub velocity
On-chain signal strength and token accumulation
Fundamental and technical ratings
Projects like Andrena and its ecosystem partners are closely watched for early indicators of momentum.
Final Thoughts
DePIN is one of the most compelling frontiers in crypto. It offers real-world, real-time applications that go far beyond speculation. Andrena is at the center of this movement, blending telecom hardware, Web3 incentives, and global deployment.
While it's still early, the signs are promising. From reputable backers to ambitious global plans, Andrena is a project worth watching in 2025 and beyond.
Introduction: Even in a sluggish crypto market, meme coins continue to outperform many other asset classes. In 2025, these highly speculative assets are not only survivingâsome are thriving. This blog examines the current state of the meme coin market, whatâs driving the activity, and how on-chain data and crypto analytics can help decode the chaos.
Meme Coins: Still Relevant in 2025?
Despite a broadly bearish macro environment, meme coins remain among the few bright spots in the crypto market. In the latest Token Metrics research webinar, several meme tokens showed outsized returns, including:
Gorbagana â up over 50% in a day
Useless Coin â jumped 40% in 24 hours
Startup Coin â nearly 9x returns over the past month
These tokens operate at low market caps and often launch with little or no formal whitepaper or utility. However, the power of narrative, social engagement, and rapid speculation continues to drive short-term gains.
Why Meme Coins Are Performing in a Bear Market
1. Low Liquidity, High Volatility: Small-cap meme tokens can easily generate parabolic moves with modest capital inflows.
2. Community-Led Narratives: Tokens like Useless Coin and Startup thrive on viral momentum from crypto-native communities, particularly on X (Twitter) and Telegram.
3. Whale Activity as a Signal: Token Metrics analysts observed that whales have been accumulating select meme coins. This isnât an endorsementâbut itâs a data point. Monitoring on-chain whale behavior offers clues about where smart money is moving.
The Gobagana Case Study
Gobagana was cited as a high-risk Solana fork with minimal public information, yet it rapidly gained traction. On-chain analysis revealed:
Whale wallets accumulating in the early phase
Early VC insiders (e.g., those connected to Big Brain VC) engaging with the token
Rapid social engagement despite a small follower base
The takeaway? Even opaque meme coins can trigger major ralliesâparticularly if accumulation patterns align with social volume.
Risk Management and Red Flags
The meme coin market is not without risk. The Token Metrics team emphasized several cautions:
Illiquidity: Many meme tokens have low volume and limited exchange listings.
Exit scams or soft rugs: Teams can abandon the project after price pumps.
Price discovery volatility: Tokens may have no clear valuation baseline and can retrace sharply.
As such, these assets are often best approached with a high-risk tolerance and clear entry/exit rules.
How to Track Meme Coins Like a Quant
Using crypto analytics platforms like Token Metrics can help make sense of meme coin volatility. Tools that help include:
Real-time sentiment analysis
Whale wallet tracking
Price-to-volume anomaly detection
Bullish/bearish signal tracking
In 2025, data is more important than hype. While memes may dominate the narrative, only data reveals when the momentum shifts.
Meme Coins vs. Infrastructure Projects
Interestingly, while meme coins have been surging, many infrastructure or protocol tokens remain flat. This divergence suggests that retail attention is still focused on short-term speculation.
That said, once Bitcoin breaks key resistance levels, we could see capital rotate into AI, DeFi, and infrastructure themes. Meme coins may be the âcanary in the coal mineâ indicating renewed retail appetite.
Final Thoughts
Meme coins remain the wild west of cryptoâbut they arenât going away. In fact, theyâre becoming more sophisticated, with deeper liquidity pools, faster launches, and increased integration with social media bots and automated token creators.
As always, meme coin trading demands discipline, skepticism, and a robust toolkit. Watch the whales, follow the data, and never trade what you donât understand.