G.MARKETS
BTC$64,192.00+0.70%
GokhshteinNews
LIVE
BTC$64,192.00▲ 0.70%ETH$1,873.91▲ 0.30%USDT$0.9993▲ 0.00%BNB$593.54▲ 0.50%USDC$0.9997▲ 0.00%XRP$1.08▼ 0.60%SOL$74.06▲ 0.40%TRX$0.3270▼ 0.40%FIGR_HELOC$1.00▼ 0.40%HYPE$55.08▲ 1.80%DOGE$0.0703▼ 0.30%USDS$0.9998▲ 0.00%LEO$9.74▼ 0.10%RAIN$0.0125▼ 2.10%ZEC$506.08▲ 3.80%ADA$0.1933▼ 0.30%XMR$352.86▼ 2.90%WBT$55.54▲ 0.40%LINK$8.17▼ 0.30%XLM$0.1698▼ 1.30%DAI$0.9998▲ 0.00%BCH$213.84▼ 0.20%CC$0.1086▼ 5.60%USD1$0.9994▲ 0.00%USDE$0.9998▲ 0.00%GRAM$1.39▼ 1.70%USDG$1.0000▲ 0.10%LTC$44.90▲ 1.10%HBAR$0.0696▼ 2.00%USYC$1.13▼ 0.10%BTC$64,192.00▲ 0.70%ETH$1,873.91▲ 0.30%USDT$0.9993▲ 0.00%BNB$593.54▲ 0.50%USDC$0.9997▲ 0.00%XRP$1.08▼ 0.60%SOL$74.06▲ 0.40%TRX$0.3270▼ 0.40%FIGR_HELOC$1.00▼ 0.40%HYPE$55.08▲ 1.80%DOGE$0.0703▼ 0.30%USDS$0.9998▲ 0.00%LEO$9.74▼ 0.10%RAIN$0.0125▼ 2.10%ZEC$506.08▲ 3.80%ADA$0.1933▼ 0.30%XMR$352.86▼ 2.90%WBT$55.54▲ 0.40%LINK$8.17▼ 0.30%XLM$0.1698▼ 1.30%DAI$0.9998▲ 0.00%BCH$213.84▼ 0.20%CC$0.1086▼ 5.60%USD1$0.9994▲ 0.00%USDE$0.9998▲ 0.00%GRAM$1.39▼ 1.70%USDG$1.0000▲ 0.10%LTC$44.90▲ 1.10%HBAR$0.0696▼ 2.00%USYC$1.13▼ 0.10%
ACTIVEEthereumETH→HyperliquidHYPE
ETH WOULD BE$101.54
MULTIPLIER▼ 0.05x
TARGET MCAP$12.25B
G.MARKETS/PAIR ANALYSIS·Ethereum logoETH→Hyperliquid logoHYPE· LIVE· as of 22:39 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap →

ETH WOULD BE
$0.00000000
currently $1,873.91 · target mcap $12.25B
MULTIPLIER
▼0.00x

ETH would drop to 0.05x of its current price 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$1,873.91
24H CHANGE▲ 0.30%
MARKET CAP$226.14BFDV $226.14B · Fully circulating
RANK#2
SUPPLY120.7M ETH
DOMINANCE7.54%
7d▲ 0.96%
VS
Hyperliquid logo
HYPEUnverified
Hyperliquid
TARGET

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

PRICE$55.08
24H CHANGE▲ 1.80%
MARKET CAP$12.25BFDV $55.07B · 78% supply locked
RANK#10
SUPPLY222.4M HYPE
DOMINANCE0.41%
7d▲ 5.76%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
5.4% the size
ETH$226.14B
HYPE$12.25B
THE CLIMBEthereum logoETH→Hyperliquid logoHYPEMULTIPLIER▼ 18.5xGAP$213.89B
$100.00B
Ethereum logo
SOURCEETH$226.14B
Hyperliquid logo
TARGETHYPE$12.25B
Figure Heloc logo
FIGR_HELOC$20.98B
TRON logo
TRX$31.03B
Solana logo
SOL$43.05B
XRP logo
XRP$67.23B
USDC logo
USDC$72.17B
BNB logo
BNB$79.04B
Tether logo
USDT$183.16B
log scale · mcap in USDAug 4, 2026
Ethereum logo
ETHEthereum
$226.14BSOURCE
Figure Heloc logo
FIGR_HELOC
$20.98B
TRON logo
TRX
$31.03B
Solana logo
SOL
$43.05B
XRP logo
XRP
$67.23B
USDC logo
USDC
$72.17B
BNB logo
BNB
$79.04B
Tether logo
USDT
$183.16B
Hyperliquid logo
HYPEHyperliquid
$12.25BTARGET
mcap in USDAug 4, 2026
BAG SCENARIOS·IF ETH HIT HYPE MCAP·TARGET $101.53
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 ETH$187,391.00$10,153.13−$177,237.87
Coffee money1K ETH$1,873,910.00$101,531.32−$1,772,378.68
Small bag10K ETH$18,739,100.00$1,015,313.22−$17,723,786.78
Real bag100K ETH$187,391,000.00$10,153,132.19−$177,237,867.81
Whale bag1M ETH$1,873,910,000.00$101,531,321.90−$1,772,378,678.10
Generational10M ETH$18,739,100,000.00$1,015,313,219.01−$17,723,786,780.99

FOR CONTEXT

$12.25B compared to the world
NikeNKE
$130.00B
HYPE mcap is 9.4% of Nike
StarbucksSBUX
$100.00B
HYPE mcap is 12.3% of Starbucks
SpotifySPOT
$90.00B
HYPE mcap is 13.6% of Spotify
RobloxRBLX
$30.00B
HYPE mcap is 40.8% of Roblox
RedditRDDT
$25.00B
HYPE mcap is 49.0% of Reddit
SnapchatSNAP
$20.00B
HYPE mcap is 61.3% of Snapchat
RELATED COMPARISONS·OTHER WAYS TO ASK
Ethereum logoETHVerified by G.MARKETS→Bitcoin logoBTCVerified by G.MARKETS
$10,673.36▲ 5.70x
Ethereum logoETHVerified by G.MARKETS→Tether logoUSDTVerified by G.MARKETS
$1,517.73▼ 0.81x
Ethereum logoETHVerified by G.MARKETS→BNB logoBNBVerified by G.MARKETS
$654.94▼ 0.35x
Ethereum logoETHVerified by G.MARKETS→USDC logoUSDCVerified by G.MARKETS
$598.03▼ 0.32x
Ethereum logoETHVerified by G.MARKETS→XRP logoXRPVerified by G.MARKETS
$557.12▼ 0.30x
Ethereum logoETHVerified by G.MARKETS→Solana logoSOLVerified by G.MARKETS
$356.73▼ 0.19x

About this comparison

This page compares the market capitalizations of Ethereum (ETH) and Hyperliquid (HYPE). With Ethereum currently at $1,873.91 per coin and a market cap of $226.14B, and Hyperliquid at $55.08 with a market cap of $12.25B, applying Hyperliquid's market cap to Ethereum's circulating supply produces a hypothetical ETH price of $101.53 — a 0.05x 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 $12.25B, each ETH would be worth approximately $101.53 based on the circulating supply of 120,682,210 ETH. That is 0.05x the current ETH price of $1,873.91.

What is the current market cap of Ethereum?

Ethereum (ETH) currently has a market cap of $226.14B, ranking #2 by market capitalization. Each ETH trades at $1,873.91.

What is the current market cap of Hyperliquid?

Hyperliquid (HYPE) currently has a market cap of $12.25B, ranking #10 by market capitalization. Each HYPE trades at $55.08.

How does ETH compare to HYPE?

Ethereum's market cap of $226.14B sits far below Hyperliquid's $12.25B. For ETH to reach HYPE's current valuation, the price would need to move 0.05x 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.