If had 's mcap →
HYPE would drop to 0.71x of its current price at RAIN's valuation
Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading.
Rain is a decentralized options protocol built on Arbitrum.
FOR CONTEXT
$8.65B compared to the worldAbout this comparison
This page compares the market capitalizations of Hyperliquid (HYPE) and Rain (RAIN). With Hyperliquid currently at $55.08 per coin and a market cap of $12.25B, and Rain at $0.0125 with a market cap of $8.65B, applying Rain's market cap to Hyperliquid's circulating supply produces a hypothetical HYPE price of $38.87 — a 0.71x move from current.
Hyperliquid: Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading.
Rain: Rain is a decentralized options protocol built on Arbitrum.
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 Rain's market cap, what would the price be?
If Hyperliquid (HYPE) had Rain's (RAIN) current market cap of $8.65B, each HYPE would be worth approximately $38.87 based on the circulating supply of 222,445,714 HYPE. That is 0.71x the current HYPE price of $55.08.
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.
What is the current market cap of Rain?
Rain (RAIN) currently has a market cap of $8.65B, ranking #14 by market capitalization. Each RAIN trades at $0.0125.
How does HYPE compare to RAIN?
Hyperliquid's market cap of $12.25B sits below Rain's $8.65B. For HYPE to reach RAIN's current valuation, the price would need to move 0.71x 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.