Hyperliquid Faces Tough Competition From New DeFi Trading Exchange Mantix Tipped For 20x By July

The best DeFi coins continue to outpace the broader market and investors are now turning to smaller high-ROI platforms

In the dynamic realm of cryptocurrency, where innovation drives value and community participation is paramount, the best DeFi coins continue to outperform the broader market. As institutional funds and traders seek high-ROI platforms within the permissionless ecosystem, smaller platforms are poised to shape the future of decentralized trading.

One of the most highly anticipated new ICOs in 2025, Mantix is already drawing comparisons with Hyperliquid for its speed, user rewards and 1000x leverage.

Analysts at crypto news outlet Benzinga are forecasting a 20x surge for Mantix in July alone, highlighting the possibilities for ERC20 coins in the DeFi ecosystem.

With Hyperliquid DEX volumes hitting record levels and institutional funds flowing into the space, the DeFi arms race is heating up and Mantix, with its $600,000 token presale, is making a splash.

Let’s take a closer look.

HYPE Flips Sui In Market Cap, Becomes New DeFi Darling

In a move that has sparked headlines and set the crypto community abuzz, Hyperliquid (CRYPTO: HYPE) has officially overtaken Sui (CRYPTO: SUI) in market capitalization.

This places the Layer 1 blockchain in the striking valuation of $12.8 billion versus Sui’s $11.97 billion.

The surging price of HYPE, with a 51% weekly increase now at $38.27, and Hyperliquid’s game-changing decentralized perpetuals exchange offering zero gas fees and full transparency via its on-chain order book, are key drivers of the hype.

Hyperliquid’s tech edge, powered by the ultra-fast HyperBFT consensus, drives $488 million in daily volume and 55.4 million in fees across 21 exchanges. A TVL exceeding $1.8 billion and control of 60% of perpetual DEX volume add to the bullish momentum.

Hyperliquid analysts are now eyeing a $50 breakout for HYPE as crypto investors shift focus to platforms blending speed, utility and trader-centric design.

However, many traders have begun to question whether Hyperliquid can maintain its edge as competitors like Mantix enter the market with faster execution, broader asset coverage and true revenue-sharing models.

Mantix DEX Is Making A Strong Appearance As A New Generation Exchange In 2025

Mantix is bringing a new approach to what traders normally get from a decentralized exchange (DEX). Safely run on Ethereum as an ERC20 token, it provides instant token swap, extremely leveraged futures up to 1000x and excellent cross-chain liquidity, without any onboarding or KYC hassles.

Now in Stage 1 of its token presale, MTX tokens are priced at just $0.02, with over $600,000 in funding already committed, and early momentum fueled by key crypto influencers and whales.

Unlike older platforms like Hyperliquid, there is more to Mantix than performance. It empowers its community with decentralized governance, automated buyback-and-burn and staking functionality to allow holders to earn passive income.

Analysts are already likening its upside to DeFi star tokens like GMX and Injective but with even more accessible entry points.

However, Mantix wants to go past fast trade and large leverage. The roadmap covers merging AI with trading, refining user features and enabling everyone to rely on algorithmic decision-making.

Because the platform uses both centralized and decentralized features, it offers fast and reliable services across many networks.

Whether you’re new to presale tokens or are a skilled DeFi trader, Mantix is the best Defi coin for all investors in 2025.