USDT→
HYPEIf had 's mcap →
#3 · USDT
#11 · HYPE
Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.
Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading.
USDT→
HYPEMULTIPLIER▼ 8.81xGAP$163.16B
FOR CONTEXT
$20.90B compared to the world
About this comparison
This page compares the market capitalizations of Tether (USDT) and Hyperliquid (HYPE). With Tether currently at $0.9999 per coin and a market cap of $184.06B, and Hyperliquid at $93.95 with a market cap of $20.90B, applying Hyperliquid's market cap to Tether's circulating supply produces a hypothetical USDT price of $0.1135 — a 0.11x move from current.
Tether: Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.
Hyperliquid: Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If Tether had Hyperliquid's market cap, what would the price be?
If Tether (USDT) had Hyperliquid's (HYPE) current market cap of $20.90B, each USDT would be worth approximately $0.1135 based on the circulating supply of 184,088,295,340 USDT. That is 0.11x the current USDT price of $0.9999.
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 $0.9999.
What is the current market cap of Hyperliquid?
Hyperliquid (HYPE) currently has a market cap of $20.90B, ranking #11 by market capitalization. Each HYPE trades at $93.95.
How does USDT compare to HYPE?
Tether's market cap of $184.06B sits well below Hyperliquid's $20.90B. For USDT to reach HYPE's current valuation, the price would need to move 0.11x 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 Tether'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.