ETH→
HYPEIf had 's mcap →
#2 · ETH
#11 · HYPE
Ethereum is a global, open-source platform for decentralized applications.
Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading.
ETH→
HYPEMULTIPLIER▼ 15.5xGAP$298.13B
FOR CONTEXT
$20.62B compared to the world
About this comparison
This page compares the market capitalizations of Ethereum (ETH) and Hyperliquid (HYPE). With Ethereum currently at $2,610.94 per coin and a market cap of $318.75B, and Hyperliquid at $92.64 with a market cap of $20.62B, applying Hyperliquid's market cap to Ethereum's circulating supply produces a hypothetical ETH price of $168.93 — a 0.06x move from current.
Ethereum: Ethereum is a global, open-source platform for decentralized applications.
Hyperliquid: Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If Ethereum had Hyperliquid's market cap, what would the price be?
If Ethereum (ETH) had Hyperliquid's (HYPE) current market cap of $20.62B, each ETH would be worth approximately $168.93 based on the circulating supply of 122,058,931 ETH. That is 0.06x the current ETH price of $2,610.94.
What is the current market cap of Ethereum?
Ethereum (ETH) currently has a market cap of $318.75B, ranking #2 by market capitalization. Each ETH trades at $2,610.94.
What is the current market cap of Hyperliquid?
Hyperliquid (HYPE) currently has a market cap of $20.62B, ranking #11 by market capitalization. Each HYPE trades at $92.64.
How does ETH compare to HYPE?
Ethereum's market cap of $318.75B sits far below Hyperliquid's $20.62B. For ETH to reach HYPE's current valuation, the price would need to move 0.06x from its current level.
Is this comparison financial advice?
No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Ethereum's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.