G.MARKETS
BTC$64,192.00+0.70%
GokhshteinNews
LIVE
BTC$64,192.00▲ 0.70%ETH$1,873.91▲ 0.30%USDT$0.9993▲ 0.00%BNB$593.54▲ 0.50%USDC$0.9997▲ 0.00%XRP$1.08▼ 0.60%SOL$74.06▲ 0.40%TRX$0.3270▼ 0.40%FIGR_HELOC$1.00▼ 0.40%HYPE$55.08▲ 1.80%DOGE$0.0703▼ 0.30%USDS$0.9998▲ 0.00%LEO$9.74▼ 0.10%RAIN$0.0125▼ 2.10%ZEC$506.08▲ 3.80%ADA$0.1933▼ 0.30%XMR$352.86▼ 2.90%WBT$55.54▲ 0.40%LINK$8.17▼ 0.30%XLM$0.1698▼ 1.30%DAI$0.9998▲ 0.00%BCH$213.84▼ 0.20%CC$0.1086▼ 5.60%USD1$0.9994▲ 0.00%USDE$0.9998▲ 0.00%GRAM$1.39▼ 1.70%USDG$1.0000▲ 0.10%LTC$44.90▲ 1.10%HBAR$0.0696▼ 2.00%USYC$1.13▼ 0.10%BTC$64,192.00▲ 0.70%ETH$1,873.91▲ 0.30%USDT$0.9993▲ 0.00%BNB$593.54▲ 0.50%USDC$0.9997▲ 0.00%XRP$1.08▼ 0.60%SOL$74.06▲ 0.40%TRX$0.3270▼ 0.40%FIGR_HELOC$1.00▼ 0.40%HYPE$55.08▲ 1.80%DOGE$0.0703▼ 0.30%USDS$0.9998▲ 0.00%LEO$9.74▼ 0.10%RAIN$0.0125▼ 2.10%ZEC$506.08▲ 3.80%ADA$0.1933▼ 0.30%XMR$352.86▼ 2.90%WBT$55.54▲ 0.40%LINK$8.17▼ 0.30%XLM$0.1698▼ 1.30%DAI$0.9998▲ 0.00%BCH$213.84▼ 0.20%CC$0.1086▼ 5.60%USD1$0.9994▲ 0.00%USDE$0.9998▲ 0.00%GRAM$1.39▼ 1.70%USDG$1.0000▲ 0.10%LTC$44.90▲ 1.10%HBAR$0.0696▼ 2.00%USYC$1.13▼ 0.10%
ACTIVETetherUSDT→HyperliquidHYPE
USDT WOULD BE$0.0669
MULTIPLIER▼ 0.07x
TARGET MCAP$12.25B
G.MARKETS/PAIR ANALYSIS·Tether logoUSDT→Hyperliquid logoHYPE· LIVE· as of 22:39 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap →

USDT WOULD BE
$0.00000000
currently $0.9993 · target mcap $12.25B
MULTIPLIER
▼0.00x

USDT would drop to 0.07x of its current price at HYPE's valuation

COIN PROFILES·USDT vs HYPE
Tether logo
USDTVerified by G.MARKETS
Tether
SOURCE

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.

PRICE$0.9993
24H CHANGE▲ 0.00%
MARKET CAP$183.16BFDV $188.63B · 3% supply locked
RANK#3
SUPPLY183.3B USDT
DOMINANCE6.11%
7d▲ 0.00%
VS
Hyperliquid logo
HYPEUnverified
Hyperliquid
TARGET

Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading.

PRICE$55.08
24H CHANGE▲ 1.80%
MARKET CAP$12.25BFDV $55.07B · 78% supply locked
RANK#10
SUPPLY222.4M HYPE
DOMINANCE0.41%
7d▲ 5.76%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
6.7% the size
USDT$183.16B
HYPE$12.25B
THE CLIMBTether logoUSDT→Hyperliquid logoHYPEMULTIPLIER▼ 14.9xGAP$170.91B
$100.00B
Tether logo
SOURCEUSDT$183.16B
Hyperliquid logo
TARGETHYPE$12.25B
Figure Heloc logo
FIGR_HELOC$20.98B
TRON logo
TRX$31.03B
Solana logo
SOL$43.05B
XRP logo
XRP$67.23B
USDC logo
USDC$72.17B
BNB logo
BNB$79.04B
log scale · mcap in USDAug 4, 2026
Tether logo
USDTTether
$183.16BSOURCE
Figure Heloc logo
FIGR_HELOC
$20.98B
TRON logo
TRX
$31.03B
Solana logo
SOL
$43.05B
XRP logo
XRP
$67.23B
USDC logo
USDC
$72.17B
BNB logo
BNB
$79.04B
Hyperliquid logo
HYPEHyperliquid
$12.25BTARGET
mcap in USDAug 4, 2026
BAG SCENARIOS·IF USDT HIT HYPE MCAP·TARGET $0.0669
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDT$99.93$6.69−$93.25
Coffee money1K USDT$999.33$66.85−$932.47
Small bag10K USDT$9,993.25$668.52−$9,324.73
Real bag100K USDT$99,932.50$6,685.20−$93,247.30
Whale bag1M USDT$999,325.00$66,852.05−$932,472.95
Generational10M USDT$9,993,250.00$668,520.46−$9,324,729.54

FOR CONTEXT

$12.25B compared to the world
NikeNKE
$130.00B
HYPE mcap is 9.4% of Nike
StarbucksSBUX
$100.00B
HYPE mcap is 12.3% of Starbucks
SpotifySPOT
$90.00B
HYPE mcap is 13.6% of Spotify
RobloxRBLX
$30.00B
HYPE mcap is 40.8% of Roblox
RedditRDDT
$25.00B
HYPE mcap is 49.0% of Reddit
SnapchatSNAP
$20.00B
HYPE mcap is 61.3% of Snapchat
RELATED COMPARISONS·OTHER WAYS TO ASK
Tether logoUSDTVerified by G.MARKETS→Bitcoin logoBTCVerified by G.MARKETS
$7.03▲ 7.03x
Tether logoUSDTVerified by G.MARKETS→Ethereum logoETHVerified by G.MARKETS
$1.23▲ 1.23x
Tether logoUSDTVerified by G.MARKETS→BNB logoBNBVerified by G.MARKETS
$0.4312▼ 0.43x
Tether logoUSDTVerified by G.MARKETS→USDC logoUSDCVerified by G.MARKETS
$0.3938▼ 0.39x
Tether logoUSDTVerified by G.MARKETS→XRP logoXRPVerified by G.MARKETS
$0.3668▼ 0.37x
Tether logoUSDTVerified by G.MARKETS→Solana logoSOLVerified by G.MARKETS
$0.2349▼ 0.24x

About this comparison

This page compares the market capitalizations of Tether (USDT) and Hyperliquid (HYPE). With Tether currently at $0.9993 per coin and a market cap of $183.16B, and Hyperliquid at $55.08 with a market cap of $12.25B, applying Hyperliquid's market cap to Tether's circulating supply produces a hypothetical USDT price of $0.0669 — a 0.07x 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 $12.25B, each USDT would be worth approximately $0.0669 based on the circulating supply of 183,285,704,316 USDT. That is 0.07x the current USDT price of $0.9993.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $183.16B, ranking #3 by market capitalization. Each USDT trades at $0.9993.

What is the current market cap of Hyperliquid?

Hyperliquid (HYPE) currently has a market cap of $12.25B, ranking #10 by market capitalization. Each HYPE trades at $55.08.

How does USDT compare to HYPE?

Tether's market cap of $183.16B sits far below Hyperliquid's $12.25B. For USDT to reach HYPE's current valuation, the price would need to move 0.07x 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.