LIVE
BTC$76,950.00▼ 1.28%ETH$2,267.93▼ 0.74%USDT$0.9987▼ 0.02%BNB$696.82▼ 1.28%XRP$1.25▲ 0.56%USDC$0.9993▼ 0.02%SOL$92.35▼ 1.85%TRX$0.3228▲ 2.27%FIGR_HELOC$1.03▲ 0.00%HYPE$84.23▼ 1.63%ZEC$1,161.37▼ 6.93%XMR$624.78▲ 2.49%DOGE$0.0743▼ 1.22%USDS$0.9998▼ 0.02%WBT$74.03▼ 1.20%LEO$9.28▼ 1.23%LINK$11.11▼ 1.22%ADA$0.1888▼ 0.99%XLM$0.1618▼ 3.16%BCH$276.64▲ 0.35%NEAR$3.84▼ 6.69%DAI$0.9999▲ 0.01%USDE$0.9986▲ 0.02%RAIN$0.006283▼ 2.66%UNI$7.14▼ 0.38%LTC$54.24▼ 1.13%USD1$0.9982▲ 0.02%CC$0.0951▼ 0.01%AVAX$8.48▼ 0.63%SUI$0.8761▼ 0.78%BTC$76,950.00▼ 1.28%ETH$2,267.93▼ 0.74%USDT$0.9987▼ 0.02%BNB$696.82▼ 1.28%XRP$1.25▲ 0.56%USDC$0.9993▼ 0.02%SOL$92.35▼ 1.85%TRX$0.3228▲ 2.27%FIGR_HELOC$1.03▲ 0.00%HYPE$84.23▼ 1.63%ZEC$1,161.37▼ 6.93%XMR$624.78▲ 2.49%DOGE$0.0743▼ 1.22%USDS$0.9998▼ 0.02%WBT$74.03▼ 1.20%LEO$9.28▼ 1.23%LINK$11.11▼ 1.22%ADA$0.1888▼ 0.99%XLM$0.1618▼ 3.16%BCH$276.64▲ 0.35%NEAR$3.84▼ 6.69%DAI$0.9999▲ 0.01%USDE$0.9986▲ 0.02%RAIN$0.006283▼ 2.66%UNI$7.14▼ 0.38%LTC$54.24▼ 1.13%USD1$0.9982▲ 0.02%CC$0.0951▼ 0.01%AVAX$8.48▼ 0.63%SUI$0.8761▼ 0.78%
G.MARKETS/PAIR ANALYSIS·Ethereum logoETH→Hyperliquid logoHYPE· LIVE· as of 10:45 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

ETH WOULD BE
$0.00000000
currently $2,267.93 · target mcap $20.16B
▼ 0.00x TO MATCHETH WOULD FALL TO 0.07x OF TODAY AT HYPE'S VALUATION
COIN PROFILES·ETH vs HYPE
Ethereum logo
ETHVerified by G.MARKETS
Ethereum
SOURCE

Ethereum is a global, open-source platform for decentralized applications.

PRICE$2,267.93
24H CHANGE▼ 0.74%
MARKET CAP$277.11BFDV $277.11B · Fully circulating
RANK#2
SUPPLY122.2M ETH
DOMINANCE9.24%
7d▼ 2.40%
VS
Hyperliquid logo
Hyperliquid
TARGET

Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading.

PRICE$84.23
24H CHANGE▼ 1.63%
MARKET CAP$20.16BFDV $80.14B · 75% supply locked
RANK#10
SUPPLY239.4M HYPE
DOMINANCE0.67%
7d▲ 7.63%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
7.3% the size
ETH$277.11B
HYPE$20.16B
THE CLIMBEthereum logoETH→Hyperliquid logoHYPEMULTIPLIER▼ 13.7xGAP$256.95B
$100.00B
Ethereum logo
SOURCEETH$277.11B
Hyperliquid logo
TARGETHYPE$20.16B
Figure Heloc logo
FIGR_HELOC$26.86B
TRON logo
TRX$30.68B
Solana logo
SOL$54.51B
USDC logo
USDC$70.89B
XRP logo
XRP$79.49B
BNB logo
BNB$91.64B
Tether logo
USDT$178.89B
log scale · mcap in USDNov 3, 2026
Ethereum logo
ETHEthereum
$277.11BSOURCE
Figure Heloc logo
FIGR_HELOC
$26.86B
TRON logo
TRX
$30.68B
Solana logo
SOL
$54.51B
USDC logo
USDC
$70.89B
XRP logo
XRP
$79.49B
BNB logo
BNB
$91.64B
Tether logo
USDT
$178.89B
Hyperliquid logo
HYPEHyperliquid
$20.16BTARGET
mcap in USDNov 3, 2026
BAG SCENARIOS·IF ETH HIT HYPE MCAP·TARGET $165.03
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 ETH$226,793.00$16,502.85−$210,290.15
Coffee money1K ETH$2,267,930.00$165,028.55−$2,102,901.45
Small bag10K ETH$22,679,300.00$1,650,285.47−$21,029,014.53
Real bag100K ETH$226,793,000.00$16,502,854.66−$210,290,145.34
Whale bag1M ETH$2,267,930,000.00$165,028,546.60−$2,102,901,453.40
Generational10M ETH$22,679,300,000.00$1,650,285,465.97−$21,029,014,534.03
$20.16B compared to the world
NikeNKE
$130.00B
HYPE mcap is 15.5% of Nike
StarbucksSBUX
$100.00B
HYPE mcap is 20.2% of Starbucks
SpotifySPOT
$90.00B
HYPE mcap is 22.4% of Spotify
RobloxRBLX
$30.00B
HYPE mcap is 67.2% of Roblox
RedditRDDT
$25.00B
HYPE mcap is 80.7% of Reddit
SnapchatSNAP
$20.00B
HYPE mcap is 1.01× Snapchat

About this comparison

This page compares the market capitalizations of Ethereum (ETH) and Hyperliquid (HYPE). With Ethereum currently at $2,267.93 per coin and a market cap of $277.11B, and Hyperliquid at $84.23 with a market cap of $20.16B, applying Hyperliquid's market cap to Ethereum's circulating supply produces a hypothetical ETH price of $165.03 — a 0.07x 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 $20.16B, each ETH would be worth approximately $165.03 based on the circulating supply of 122,186,162 ETH. That is 0.07x the current ETH price of $2,267.93.

What is the current market cap of Ethereum?

Ethereum (ETH) currently has a market cap of $277.11B, ranking #2 by market capitalization. Each ETH trades at $2,267.93.

What is the current market cap of Hyperliquid?

Hyperliquid (HYPE) currently has a market cap of $20.16B, ranking #10 by market capitalization. Each HYPE trades at $84.23.

How does ETH compare to HYPE?

Ethereum's market cap of $277.11B sits far below Hyperliquid's $20.16B. For ETH to reach HYPE's current valuation, the price would need to move 0.07x 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.