Is full recovery expected from hyphema?

Mostly yes. Most hyphema has full recovery. Your doctor may want to check you after the blood goes away if it is injury related to make sure you do not have risk of developing injury related glaucoma down the line.
It all depends. A straightforward hyphema without any other intraocular findings and or injury will completely recover. However, eyes with hyphema are often traumatized and are at risk for trauma induced glaucoma, retinal detachment and other conditions. A complete eye exam by an ophthalmologist is key following eye trauma.