LIVE
BTC$64,197.00 0.70%ETH$1,874.00 0.30%USDT$0.9993 0.00%BNB$593.55 0.50%USDC$0.9997 0.00%XRP$1.08 0.60%SOL$74.07 0.40%TRX$0.3271 0.40%FIGR_HELOC$1.00 0.40%HYPE$55.09 1.80%DOGE$0.0703 0.30%USDS$0.9998 0.00%LEO$9.74 0.10%RAIN$0.0124 2.10%ZEC$506.07 3.80%ADA$0.1933 0.30%XMR$352.79 2.90%WBT$55.55 0.40%LINK$8.17 0.30%XLM$0.1698 1.30%DAI$0.9998 0.00%BCH$213.83 0.20%CC$0.1086 5.60%USD1$0.9994 0.00%USDE$0.9997 0.00%GRAM$1.39 1.70%LTC$44.90 1.10%USDG$1.0000 0.10%HBAR$0.0696 2.00%USYC$1.13 0.10%BTC$64,197.00 0.70%ETH$1,874.00 0.30%USDT$0.9993 0.00%BNB$593.55 0.50%USDC$0.9997 0.00%XRP$1.08 0.60%SOL$74.07 0.40%TRX$0.3271 0.40%FIGR_HELOC$1.00 0.40%HYPE$55.09 1.80%DOGE$0.0703 0.30%USDS$0.9998 0.00%LEO$9.74 0.10%RAIN$0.0124 2.10%ZEC$506.07 3.80%ADA$0.1933 0.30%XMR$352.79 2.90%WBT$55.55 0.40%LINK$8.17 0.30%XLM$0.1698 1.30%DAI$0.9998 0.00%BCH$213.83 0.20%CC$0.1086 5.60%USD1$0.9994 0.00%USDE$0.9997 0.00%GRAM$1.39 1.70%LTC$44.90 1.10%USDG$1.0000 0.10%HBAR$0.0696 2.00%USYC$1.13 0.10%
G.MARKETS/PAIR ANALYSIS·Hyperliquid logoHYPEDai logoDAI· LIVE· as of 22:38 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

HYPE WOULD BE
$0.00000000
currently $55.09 · target mcap $4.59B
MULTIPLIER
0.00x

HYPE would drop to 0.37x of its current price at DAI's valuation

COIN PROFILES·HYPE vs DAI
Hyperliquid logo
Hyperliquid
SOURCE

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

PRICE$55.09
24H CHANGE 1.80%
MARKET CAP$12.26BFDV $55.10B · 78% supply locked
RANK#10
SUPPLY222.4M HYPE
DOMINANCE0.41%
7d 5.76%
VS
Dai logoTARGET

MakerDAO has launched Multi-collateral DAI (MCD).

PRICE$0.9998
24H CHANGE 0.00%
MARKET CAP$4.59BFDV $4.59B · Fully circulating
RANK#21
SUPPLY4.6B DAI
DOMINANCE0.15%
7d 0.00%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
37.5% the size
HYPE$12.26B
DAI$4.59B
THE CLIMBHyperliquid logoHYPEDai logoDAIMULTIPLIER 2.67xGAP$7.66B
$10.00B
Hyperliquid logo
SOURCEHYPE$12.26B
Dai logo
TARGETDAI$4.59B
Stellar logo
XLM$5.82B
Chainlink logo
LINK$6.11B
WhiteBIT Coin logo
WBT$6.55B
Monero logo
XMR$6.63B
Cardano logo
ADA$7.22B
Zcash logo
ZEC$8.49B
Rain logo
RAIN$8.64B
LEO Token logo
LEO$8.96B
USDS logo
USDS$9.85B
Dogecoin logo
DOGE$10.93B
log scale · mcap in USDAug 4, 2026
Hyperliquid logo
HYPEHyperliquid
$12.26BSOURCE
Stellar logo
XLM
$5.82B
Chainlink logo
LINK
$6.11B
WhiteBIT Coin logo
WBT
$6.55B
Monero logo
XMR
$6.63B
Cardano logo
ADA
$7.22B
Zcash logo
ZEC
$8.49B
Rain logo
RAIN
$8.64B
LEO Token logo
LEO
$8.96B
USDS logo
USDS
$9.85B
Dogecoin logo
DOGE
$10.93B
Dai logo
DAIDai
$4.59BTARGET
mcap in USDAug 4, 2026
BAG SCENARIOS·IF HYPE HIT DAI MCAP·TARGET $20.66
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 HYPE$5,509.00$2,065.65$3,443.35
Coffee money1K HYPE$55,090.00$20,656.54$34,433.46
Small bag10K HYPE$550,900.00$206,565.42$344,334.58
Real bag100K HYPE$5,509,000.00$2,065,654.18$3,443,345.82
Whale bag1M HYPE$55,090,000.00$20,656,541.80$34,433,458.20
Generational10M HYPE$550,900,000.00$206,565,418.04$344,334,581.96
$4.59B compared to the world
NikeNKE
$130.00B
DAI mcap is 3.5% of Nike
StarbucksSBUX
$100.00B
DAI mcap is 4.6% of Starbucks
SpotifySPOT
$90.00B
DAI mcap is 5.1% of Spotify
RobloxRBLX
$30.00B
DAI mcap is 15.3% of Roblox
RedditRDDT
$25.00B
DAI mcap is 18.4% of Reddit
SnapchatSNAP
$20.00B
DAI mcap is 23.0% of Snapchat

About this comparison

This page compares the market capitalizations of Hyperliquid (HYPE) and Dai (DAI). With Hyperliquid currently at $55.09 per coin and a market cap of $12.26B, and Dai at $0.9998 with a market cap of $4.59B, applying Dai's market cap to Hyperliquid's circulating supply produces a hypothetical HYPE price of $20.66 — a 0.37x move from current.

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

Dai: MakerDAO has launched Multi-collateral DAI (MCD).

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If Hyperliquid had Dai's market cap, what would the price be?

If Hyperliquid (HYPE) had Dai's (DAI) current market cap of $4.59B, each HYPE would be worth approximately $20.66 based on the circulating supply of 222,445,714 HYPE. That is 0.37x the current HYPE price of $55.09.

What is the current market cap of Hyperliquid?

Hyperliquid (HYPE) currently has a market cap of $12.26B, ranking #10 by market capitalization. Each HYPE trades at $55.09.

What is the current market cap of Dai?

Dai (DAI) currently has a market cap of $4.59B, ranking #21 by market capitalization. Each DAI trades at $0.9998.

How does HYPE compare to DAI?

Hyperliquid's market cap of $12.26B sits well below Dai's $4.59B. For HYPE to reach DAI's current valuation, the price would need to move 0.37x 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 Hyperliquid'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.