Hyperliquid Face Tough Competition From New De-Fi Exchange Mantix As Solana Price Eyes Up $185

Hyperliquid Face Tough Competition From New De-Fi Exchange Mantix As Solana Price Eyes Up $185
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Hyperliquid’s rise in the DeFi space has been nothing short of impressive, but a new challenger is heating up the race. Mantix, a next-gen decentralized exchange, is capturing investor attention with high-leverage trading, cross-chain swaps and AI-driven tools all while in presale at just $0.02.

With experts forecasting potential 50x returns by 2025, early buyers are scrambling to secure their spot. As Solana eyes a move toward $185, Mantix could quietly become the breakout story of the year.

mantix

Hyperliquid sets new highs in open interest and TVL

Hyperliquid has been putting on a show in 2025, and the numbers back it up. The HYPE token has surged 111% in the last 30 days and is now up 45% year to date, one of the few bright spots in an otherwise sluggish year for most altcoins.

Hyperliquid’s derivatives exchange has become a magnet for serious volume, especially from whales like James Wynn and Machi Big Brother, who are locking in major trades and raking in profits using its transparent and user-first platform.

Traders have praised Hyperliquid for its clean execution and openness, two things that have historically been missing in the DEX space. Just in the last 24 hours, the platform posted eye-popping stats: $10.1 billion in open interest, $5.6 million in daily fees and a record-breaking $3.5 billion in USDC TVL. It even hit 18,000 daily active users, its highest ever.

Solana holds steady while the broader market stays uncertain

Solana (SOL) is quietly stealing the spotlight amid broader market uncertainty, climbing 1.66% in the past 24 hours to trade at around $174.22. While other altcoins struggle to find footing, Solana is gaining momentum and for good reason.

Major developments are fueling this rally, including Kraken’s newly announced partnership to launch tokenized US equities via its xStocksFi platform, which will roll out first on the Solana blockchain. This move positions Solana as a critical infrastructure for bridging traditional finance with decentralized networks.

Source: x.com
Source: x.com

Technical indicators are also flashing green. Crypto analysts noted that SOL has been steadily climbing within an upward channel since May 12 and is poised to test resistance near $210. Trader Jelle backed this outlook, adding that if Solana clears the $250 zone, it could run all the way to $400.

Investors choose Mantix for AI-powered trading automation

As Solana pushes toward $185 and Hyperliquid continues to ride a wave of record-breaking volume, a new contender is entering the frame: Mantix. This decentralized trading platform is turning heads with a presale that's already raised over $600,000 and it’s not just hype.

With $MTX priced at just $0.02, Mantix is offering early investors a shot at serious upside. Analysts are already floating 100x potential once the token hits top-tier exchanges.

What sets Mantix apart is how it flips the traditional model on its head. Built from the ground up for speed, autonomy and precision, it gives traders full control over their assets, no middlemen, no delays.

Its architecture supports high-leverage trading up to 1000x, cross-chain swaps and zero slippage execution, rivaling even the most polished centralized platforms. But it goes further with AI-driven analytics, real-time market insights and automated strategies that help users spot patterns and act with confidence.

As investors look for the next big win beyond Hyperliquid and Solana, Mantix is quickly becoming the name to know in 2025's DeFi race. The momentum is building and the clock is ticking for anyone hoping to get in before the next leg up.

Find Out About The Newest Online Trading Platform Below 

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