LIVE
BTC$64,247.00 2.17%ETH$1,812.91 1.91%USDT$0.9994 0.03%BNB$589.06 0.21%USDC$0.9999 0.02%XRP$1.15 0.81%SOL$82.65 1.34%TRX$0.3291 0.31%FIGR_HELOC$1.04 0.52%HYPE$71.36 0.59%DOGE$0.0775 0.00%USDS$0.9997 0.00%RAIN$0.0151 1.02%LEO$9.41 1.60%ZEC$456.06 1.34%ADA$0.1852 1.88%XLM$0.2019 0.29%WBT$57.67 1.48%XMR$324.72 1.34%LINK$8.07 0.60%CC$0.1384 1.76%BCH$247.10 0.80%GRAM$1.79 0.48%LAB$15.13 10.06%DAI$0.9999 0.01%USD1$0.9986 0.02%USDE$0.9987 0.02%LTC$45.29 0.72%HBAR$0.0741 1.88%USDG$0.9999 0.02%BTC$64,247.00 2.17%ETH$1,812.91 1.91%USDT$0.9994 0.03%BNB$589.06 0.21%USDC$0.9999 0.02%XRP$1.15 0.81%SOL$82.65 1.34%TRX$0.3291 0.31%FIGR_HELOC$1.04 0.52%HYPE$71.36 0.59%DOGE$0.0775 0.00%USDS$0.9997 0.00%RAIN$0.0151 1.02%LEO$9.41 1.60%ZEC$456.06 1.34%ADA$0.1852 1.88%XLM$0.2019 0.29%WBT$57.67 1.48%XMR$324.72 1.34%LINK$8.07 0.60%CC$0.1384 1.76%BCH$247.10 0.80%GRAM$1.79 0.48%LAB$15.13 10.06%DAI$0.9999 0.01%USD1$0.9986 0.02%USDE$0.9987 0.02%LTC$45.29 0.72%HBAR$0.0741 1.88%USDG$0.9999 0.02%
G.MARKETS/PAIR ANALYSIS·Morpho logoMORPHOEthereum logoETH· LIVE· as of 21:35 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

MORPHO WOULD BE
$0.00000000
currently $1.97 · target mcap $218.79B
MULTIPLIER
0.00x

MORPHO needs a 171x move to match ETH's valuation

REALITY CHECKAt MORPHO's current 24h rate of +2.52%, compounding daily would take ~207 days to reach ETH's market cap.
COIN PROFILES·MORPHO vs ETH
Morpho logo
Morpho
SOURCE

Morpho is an open, efficient, and resilient platform that allows anyone to earn yield and borrow assets.

PRICE$1.97
24H CHANGE 2.52%
MARKET CAP$1.28BFDV $1.97B · 35% supply locked
RANK#60
SUPPLY649.6M MORPHO
DOMINANCE0.04%
7d 8.07%
VS
Ethereum logo
ETHVerified by G.MARKETS
Ethereum
TARGET

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

PRICE$1,812.91
24H CHANGE 1.91%
MARKET CAP$218.79BFDV $218.79B · Fully circulating
RANK#2
SUPPLY120.7M ETH
DOMINANCE7.29%
7d 6.11%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
171x bigger
MORPHO$1.28B
ETH$218.79B
THE CLIMBMorpho logoMORPHOEthereum logoETHMULTIPLIER 171xGAP$217.51B
$10.00B$100.00B
Morpho logo
SOURCEMORPHO$1.28B
Ethereum logo
TARGETETH$218.79B
Sky logo
SKY$1.31B
Worldcoin logo
WLD$1.46B
Ripple USD logo
RLUSD$1.59B
Aster logo
ASTER$1.72B
Ondo US Dollar Yield logo
USDY$2.15B
Cronos logo
CRO$2.74B
Global Dollar logo
USDG$3.16B
USD1 logo
USD1$4.53B
Canton logo
CC$5.40B
Cardano logo
ADA$6.90B
Dogecoin logo
DOGE$12.01B
Solana logo
SOL$48.04B
log scale · mcap in USDJul 6, 2026
Morpho logo
MORPHOMorpho
$1.28BSOURCE
Sky logo
SKY
$1.31B
Worldcoin logo
WLD
$1.46B
Ripple USD logo
RLUSD
$1.59B
Aster logo
ASTER
$1.72B
Ondo US Dollar Yield logo
USDY
$2.15B
Cronos logo
CRO
$2.74B
Global Dollar logo
USDG
$3.16B
USD1 logo
USD1
$4.53B
Canton logo
CC
$5.40B
Cardano logo
ADA
$6.90B
Dogecoin logo
DOGE
$12.01B
Solana logo
SOL
$48.04B
Ethereum logo
ETHEthereum
$218.79BTARGET
mcap in USDJul 6, 2026
BAG SCENARIOS·IF MORPHO HIT ETH MCAP·TARGET $336.78
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 MORPHO$197.00$33,678.31+$33,481.31
Coffee money1K MORPHO$1,970.00$336,783.07+$334,813.07
Small bag10K MORPHO$19,700.00$3,367,830.74+$3,348,130.74
Real bag100K MORPHO$197,000.00$33,678,307.39+$33,481,307.39
Whale bag1M MORPHO$1,970,000.00$336,783,073.88+$334,813,073.88
Generational10M MORPHO$19,700,000.00$3,367,830,738.78+$3,348,130,738.78
$218.79B compared to the world
UnitedHealthUNH
$450.00B
ETH mcap is 48.6% of UnitedHealth
NetflixNFLX
$380.00B
ETH mcap is 57.6% of Netflix
UberUBER
$160.00B
ETH mcap is 1.37× Uber
NikeNKE
$130.00B
ETH mcap is 1.68× Nike
StarbucksSBUX
$100.00B
ETH mcap is 2.19× Starbucks
SpotifySPOT
$90.00B
ETH mcap is 2.43× Spotify

About this comparison

This page compares the market capitalizations of Morpho (MORPHO) and Ethereum (ETH). With Morpho currently at $1.97 per coin and a market cap of $1.28B, and Ethereum at $1,812.91 with a market cap of $218.79B, applying Ethereum's market cap to Morpho's circulating supply produces a hypothetical MORPHO price of $336.78 — a 171x move from current.

Morpho: Morpho is an open, efficient, and resilient platform that allows anyone to earn yield and borrow assets.

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

If Morpho (MORPHO) had Ethereum's (ETH) current market cap of $218.79B, each MORPHO would be worth approximately $336.78 based on the circulating supply of 649,641,236 MORPHO. That is 171x the current MORPHO price of $1.97.

What is the current market cap of Morpho?

Morpho (MORPHO) currently has a market cap of $1.28B, ranking #60 by market capitalization. Each MORPHO trades at $1.97.

What is the current market cap of Ethereum?

Ethereum (ETH) currently has a market cap of $218.79B, ranking #2 by market capitalization. Each ETH trades at $1,812.91.

How does MORPHO compare to ETH?

Morpho's market cap of $1.28B sits far above Ethereum's $218.79B. For MORPHO to reach ETH's current valuation, the price would need to move 171x 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 Morpho'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.