HYPE→
USDTIf had 's mcap →
#11 · HYPE
#3 · USDT
Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading.
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.
HYPE→
USDTMULTIPLIER▲ 8.96xGAP$163.51B
FOR CONTEXT
$184.06B compared to the world
About this comparison
This page compares the market capitalizations of Hyperliquid (HYPE) and Tether (USDT). With Hyperliquid currently at $92.45 per coin and a market cap of $20.55B, and Tether at $0.9998 with a market cap of $184.06B, applying Tether's market cap to Hyperliquid's circulating supply produces a hypothetical HYPE price of $827.42 — a 8.95x move from current.
Hyperliquid: Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading.
Tether: Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.
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 Tether's market cap, what would the price be?
If Hyperliquid (HYPE) had Tether's (USDT) current market cap of $184.06B, each HYPE would be worth approximately $827.42 based on the circulating supply of 222,445,714 HYPE. That is 8.95x the current HYPE price of $92.45.
What is the current market cap of Hyperliquid?
Hyperliquid (HYPE) currently has a market cap of $20.55B, ranking #11 by market capitalization. Each HYPE trades at $92.45.
What is the current market cap of Tether?
Tether (USDT) currently has a market cap of $184.06B, ranking #3 by market capitalization. Each USDT trades at $0.9998.
How does HYPE compare to USDT?
Hyperliquid's market cap of $20.55B sits above Tether's $184.06B. For HYPE to reach USDT's current valuation, the price would need to move 8.95x 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.