G.MARKETS
BTC$76,640.00-1.33%
LIVE
BTC$76,640.00▼ 1.33%ETH$2,112.87▼ 1.17%USDT$0.9989▼ 0.01%BNB$655.96▼ 0.14%XRP$1.35▼ 2.11%USDC$0.9997▲ 0.00%SOL$86.17▼ 1.55%TRX$0.3626▼ 0.41%FIGR_HELOC$1.03▲ 0.47%DOGE$0.1050▼ 0.85%HYPE$57.49▼ 2.48%USDS$0.9997▼ 0.00%ZEC$615.72▼ 8.54%ADA$0.2476▼ 2.02%LEO$9.92▲ 0.29%BCH$377.66▼ 0.85%XMR$383.07▼ 4.78%LINK$9.69▼ 1.04%WBT$56.57▼ 1.25%CC$0.1564▼ 2.71%TON$1.95▼ 4.88%XLM$0.1462▼ 1.40%USD1$0.9995▼ 0.04%USDE$0.9991▲ 0.01%DAI$0.9996▼ 0.00%SUI$1.08▼ 6.16%LTC$53.86▼ 0.87%AVAX$9.34▼ 1.51%HBAR$0.0891▼ 1.35%M$2.75▼ 0.65%BTC$76,640.00▼ 1.33%ETH$2,112.87▼ 1.17%USDT$0.9989▼ 0.01%BNB$655.96▼ 0.14%XRP$1.35▼ 2.11%USDC$0.9997▲ 0.00%SOL$86.17▼ 1.55%TRX$0.3626▼ 0.41%FIGR_HELOC$1.03▲ 0.47%DOGE$0.1050▼ 0.85%HYPE$57.49▼ 2.48%USDS$0.9997▼ 0.00%ZEC$615.72▼ 8.54%ADA$0.2476▼ 2.02%LEO$9.92▲ 0.29%BCH$377.66▼ 0.85%XMR$383.07▼ 4.78%LINK$9.69▼ 1.04%WBT$56.57▼ 1.25%CC$0.1564▼ 2.71%TON$1.95▼ 4.88%XLM$0.1462▼ 1.40%USD1$0.9995▼ 0.04%USDE$0.9991▲ 0.01%DAI$0.9996▼ 0.00%SUI$1.08▼ 6.16%LTC$53.86▼ 0.87%AVAX$9.34▼ 1.51%HBAR$0.0891▼ 1.35%M$2.75▼ 0.65%
ACTIVEHyperliquidHYPE→EthereumETH
HYPE WOULD BE$1,058.22
MULTIPLIER▲ 18.4x
TARGET MCAP$255.02B
← G.MARKETS/COMPARE/Hyperliquid logoHYPE→Ethereum logoETH
MCAP COMPARISON · LIVE

If had 's mcap →

HYPE WOULD BE
$1,069.76
currently $57.49 · target mcap $255.02B
MULTIPLIER
▲18.6x

HYPE needs a 18.6x move to match ETH's valuation

COIN PROFILES

HYPE vs ETH
Hyperliquid logo
HYPEUnverified
Hyperliquid
SOURCE

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

PRICE$57.49
24H CHANGE▼ 2.48%
MARKET CAP$13.85B
RANK#11
SUPPLY238.4M HYPE
DOMINANCE0.46%
7d▼ 7.93%
VS
Ethereum logo
ETHUnverified
Ethereum
TARGET

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

PRICE$2,112.87
24H CHANGE▼ 1.17%
MARKET CAP$255.02B
RANK#2
SUPPLY120.7M ETH
DOMINANCE8.50%
7d▼ 3.75%

PERFORMANCE

normalized % change

SCALE

size in proportion · area = mcap
MARKET CAParea = proportional cap
18.4x bigger
HYPE$13.85B
ETH$255.02B
THE CLIMBHyperliquid logoHYPE→Ethereum logoETHMULTIPLIER▲ 18.4xGAP$241.16B
$100.00B
Hyperliquid logo
SOURCEHYPE$13.85B
Ethereum logo
TARGETETH$255.02B
Dogecoin logo
DOGE$16.21B
Figure Heloc logo
FIGR_HELOC$18.56B
TRON logo
TRX$34.38B
Solana logo
SOL$49.87B
USDC logo
USDC$76.59B
XRP logo
XRP$83.48B
BNB logo
BNB$88.42B
Tether logo
USDT$189.65B
log scale · mcap in USDMay 22, 2026
Hyperliquid logo
HYPEHyperliquid
$13.85BSOURCE
Dogecoin logo
DOGE
$16.21B
Figure Heloc logo
FIGR_HELOC
$18.56B
TRON logo
TRX
$34.38B
Solana logo
SOL
$49.87B
USDC logo
USDC
$76.59B
XRP logo
XRP
$83.48B
BNB logo
BNB
$88.42B
Tether logo
USDT
$189.65B
Ethereum logo
ETHEthereum
$255.02BTARGET
mcap in USDMay 22, 2026

BAG SCENARIOS

If HYPE hit ETH mcap
target: $1,069.76 / HYPE
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 HYPE$5,749.00$106,976.01+$101,227.01
Coffee money1K HYPE$57,490.00$1,069,760.13+$1,012,270.13
Small bag10K HYPE$574,900.00$10,697,601.29+$10,122,701.29
Real bag100K HYPE$5,749,000.00$106,976,012.86+$101,227,012.86
Whale bag1M HYPE$57,490,000.00$1,069,760,128.63+$1,012,270,128.63
Generational10M HYPE$574,900,000.00$10,697,601,286.32+$10,122,701,286.32

FOR CONTEXT

$255.02B compared to the world
WalmartWMT
$600.00B
ETH mcap is 42.5% of Walmart
VisaV
$580.00B
ETH mcap is 44.0% of Visa
UnitedHealthUNH
$450.00B
ETH mcap is 56.7% of UnitedHealth
NetflixNFLX
$380.00B
ETH mcap is 67.1% of Netflix
UberUBER
$160.00B
ETH mcap is 1.59× Uber
NikeNKE
$130.00B
ETH mcap is 1.96× Nike

RELATED

Other ways to ask
Hyperliquid logoHYPE→Bitcoin logoBTC
$6,441.40▲ 112x
Hyperliquid logoHYPE→Tether logoUSDT
$795.55▲ 13.8x
Hyperliquid logoHYPE→BNB logoBNB
$370.91▲ 6.45x
Hyperliquid logoHYPE→XRP logoXRP
$350.20▲ 6.09x
Hyperliquid logoHYPE→USDC logoUSDC
$321.30▲ 5.59x
Hyperliquid logoHYPE→Solana logoSOL
$209.22▲ 3.64x

About this comparison

This page compares the market capitalizations of Hyperliquid (HYPE) and Ethereum (ETH). With Hyperliquid currently at $57.49 per coin and a market cap of $13.85B, and Ethereum at $2,112.87 with a market cap of $255.02B, applying Ethereum's market cap to Hyperliquid's circulating supply produces a hypothetical HYPE price of $1,069.76 — a 18.6x move from current.

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

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

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 Ethereum's market cap, what would the price be?

If Hyperliquid (HYPE) had Ethereum's (ETH) current market cap of $255.02B, each HYPE would be worth approximately $1,069.76 based on the circulating supply of 238,385,316 HYPE. That is 18.6x the current HYPE price of $57.49.

What is the current market cap of Hyperliquid?

Hyperliquid (HYPE) currently has a market cap of $13.85B, ranking #11 by market capitalization. Each HYPE trades at $57.49.

What is the current market cap of Ethereum?

Ethereum (ETH) currently has a market cap of $255.02B, ranking #2 by market capitalization. Each ETH trades at $2,112.87.

How does HYPE compare to ETH?

Hyperliquid's market cap of $13.85B sits well above Ethereum's $255.02B. For HYPE to reach ETH's current valuation, the price would need to move 18.6x 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.