HYPE→
USDSIf had 's mcap →
#11 · HYPE
#15 · USDS
Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading.
USDS is the stablecoin of the decentralized Sky ecosystem, designed to maintain a soft peg (a value intended to stay close) to the U.S.
HYPE→
USDSMULTIPLIER▼ 2.15xGAP$11.05B
FOR CONTEXT
$9.59B compared to the world
About this comparison
This page compares the market capitalizations of Hyperliquid (HYPE) and USDS (USDS). With Hyperliquid currently at $92.76 per coin and a market cap of $20.64B, and USDS at $1.00 with a market cap of $9.59B, applying USDS's market cap to Hyperliquid's circulating supply produces a hypothetical HYPE price of $43.10 — a 0.46x move from current.
Hyperliquid: Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading.
USDS: USDS is the stablecoin of the decentralized Sky ecosystem, designed to maintain a soft peg (a value intended to stay close) to 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 USDS's market cap, what would the price be?
If Hyperliquid (HYPE) had USDS's (USDS) current market cap of $9.59B, each HYPE would be worth approximately $43.10 based on the circulating supply of 222,445,714 HYPE. That is 0.46x the current HYPE price of $92.76.
What is the current market cap of Hyperliquid?
Hyperliquid (HYPE) currently has a market cap of $20.64B, ranking #11 by market capitalization. Each HYPE trades at $92.76.
What is the current market cap of USDS?
USDS (USDS) currently has a market cap of $9.59B, ranking #15 by market capitalization. Each USDS trades at $1.00.
How does HYPE compare to USDS?
Hyperliquid's market cap of $20.64B sits well below USDS's $9.59B. For HYPE to reach USDS's current valuation, the price would need to move 0.46x 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.