ACTIVE
HYPE→
GRAM
HYPE→GRAMHYPE WOULD BE$19.45
MULTIPLIER▼ 0.21x
TARGET MCAP$4.33B
THE ORIGINAL G.MARKETS CALCULATION · LIVE
If had 's mcap →
HYPE WOULD BE
$0.00000000
currently $92.45 · target mcap $4.33B
#11 · HYPE
#32 · GRAM▼ 0.00x TO MATCHHYPE WOULD FALL TO 0.21x OF TODAY AT GRAM'S VALUATION
Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading.
PRICE$92.45
24H CHANGE▲ 2.70%
MARKET CAP$20.57BFDV $88.35B · 77% supply locked
RANK#11
SUPPLY222.4M HYPE
DOMINANCE0.69%
7d▲ 3.49%
VS
TON (The Open Network) is a general-purpose blockchain that allows developers to build decentralized apps and tokens.
PRICE$1.54
24H CHANGE▲ 0.83%
MARKET CAP$4.33BFDV $8.08B · 46% supply locked
RANK#32
SUPPLY2.8B GRAM
DOMINANCE0.14%
7d▼ 7.11%
MARKET CAParea = proportional cap
HYPE$20.57B
GRAM$4.33B
THE CLIMB
HYPE→
GRAMMULTIPLIER▼ 4.75xGAP$16.24B
HYPE→GRAMMULTIPLIER▼ 4.75xGAP$16.24B$10.00B
USD1$4.43B
DAI$4.59B
AVAX$4.86B
CC$4.95B
LTC$5.51B
UNI$5.62B
NEAR$6.57B
LEO$8.23B
RAIN$8.40B
WBT$10.19B
XMR$10.42B
LINK$10.54B
log scale · mcap in USDOct 5, 2026
HYPEHyperliquid
$20.57BSOURCE
USD1
$4.43BDAI
$4.59BAVAX
$4.86BCC
$4.95BLTC
$5.51BUNI
$5.62BNEAR
$6.57BLEO
$8.23BRAIN
$8.40BWBT
$10.19BXMR
$10.42BLINK
$10.54BGRAMGram (prev. Toncoin)
$4.33BTARGET
mcap in USDOct 5, 2026
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 HYPE$9,245.00$1,946.13−$7,298.87
Coffee money1K HYPE$92,450.00$19,461.34−$72,988.66
Small bag10K HYPE$924,500.00$194,613.36−$729,886.64
Real bag100K HYPE$9,245,000.00$1,946,133.62−$7,298,866.38
Whale bag1M HYPE$92,450,000.00$19,461,336.16−$72,988,663.84
Generational10M HYPE$924,500,000.00$194,613,361.56−$729,886,638.44
FOR CONTEXT
$4.33B compared to the worldNikeNKE
$130.00B
GRAM mcap is 3.3% of Nike
StarbucksSBUX
$100.00B
GRAM mcap is 4.3% of Starbucks
SpotifySPOT
$90.00B
GRAM mcap is 4.8% of Spotify
RobloxRBLX
$30.00B
GRAM mcap is 14.4% of Roblox
RedditRDDT
$25.00B
GRAM mcap is 17.3% of Reddit
SnapchatSNAP
$20.00B
GRAM mcap is 21.6% of Snapchat
About this comparison
This page compares the market capitalizations of Hyperliquid (HYPE) and Gram (prev. Toncoin) (GRAM). With Hyperliquid currently at $92.45 per coin and a market cap of $20.57B, and Gram (prev. Toncoin) at $1.54 with a market cap of $4.33B, applying Gram (prev. Toncoin)'s market cap to Hyperliquid's circulating supply produces a hypothetical HYPE price of $19.46 — a 0.21x move from current.
Hyperliquid: Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading.
Gram (prev. Toncoin): TON (The Open Network) is a general-purpose blockchain that allows developers to build decentralized apps and tokens.
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 Gram (prev. Toncoin)'s market cap, what would the price be?
If Hyperliquid (HYPE) had Gram (prev. Toncoin)'s (GRAM) current market cap of $4.33B, each HYPE would be worth approximately $19.46 based on the circulating supply of 222,445,714 HYPE. That is 0.21x the current HYPE price of $92.45.
What is the current market cap of Hyperliquid?
Hyperliquid (HYPE) currently has a market cap of $20.57B, ranking #11 by market capitalization. Each HYPE trades at $92.45.
What is the current market cap of Gram (prev. Toncoin)?
Gram (prev. Toncoin) (GRAM) currently has a market cap of $4.33B, ranking #32 by market capitalization. Each GRAM trades at $1.54.
How does HYPE compare to GRAM?
Hyperliquid's market cap of $20.57B sits well below Gram (prev. Toncoin)'s $4.33B. For HYPE to reach GRAM's current valuation, the price would need to move 0.21x 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.