LIVE
BTC$77,081.00▼ 1.80%ETH$2,255.79▼ 1.64%USDT$0.9988▼ 0.03%BNB$698.11▼ 2.20%XRP$1.25▼ 0.75%USDC$0.9993▼ 0.03%SOL$92.25▼ 2.96%TRX$0.3200▲ 2.17%FIGR_HELOC$1.03▲ 0.00%HYPE$84.14▼ 4.39%ZEC$1,146.11▼ 8.61%DOGE$0.0743▼ 2.11%XMR$604.97▲ 0.58%USDS$0.9998▼ 0.03%WBT$74.03▼ 1.83%LEO$9.35▼ 0.52%LINK$11.09▼ 2.68%ADA$0.1894▼ 2.30%XLM$0.1621▼ 4.10%BCH$277.71▼ 2.14%NEAR$3.85▼ 11.02%RAIN$0.006762▲ 15.15%DAI$1.00▼ 0.00%USDE$0.9980▼ 0.05%UNI$7.00▼ 3.53%LTC$53.89▼ 3.42%USD1$0.9968▼ 0.12%CC$0.0939▼ 2.94%AVAX$8.38▼ 3.41%SUI$0.8702▼ 3.79%BTC$77,081.00▼ 1.80%ETH$2,255.79▼ 1.64%USDT$0.9988▼ 0.03%BNB$698.11▼ 2.20%XRP$1.25▼ 0.75%USDC$0.9993▼ 0.03%SOL$92.25▼ 2.96%TRX$0.3200▲ 2.17%FIGR_HELOC$1.03▲ 0.00%HYPE$84.14▼ 4.39%ZEC$1,146.11▼ 8.61%DOGE$0.0743▼ 2.11%XMR$604.97▲ 0.58%USDS$0.9998▼ 0.03%WBT$74.03▼ 1.83%LEO$9.35▼ 0.52%LINK$11.09▼ 2.68%ADA$0.1894▼ 2.30%XLM$0.1621▼ 4.10%BCH$277.71▼ 2.14%NEAR$3.85▼ 11.02%RAIN$0.006762▲ 15.15%DAI$1.00▼ 0.00%USDE$0.9980▼ 0.05%UNI$7.00▼ 3.53%LTC$53.89▼ 3.42%USD1$0.9968▼ 0.12%CC$0.0939▼ 2.94%AVAX$8.38▼ 3.41%SUI$0.8702▼ 3.79%
G.MARKETS/PAIR ANALYSIS·Tether logoUSDT→Hyperliquid logoHYPE· LIVE· as of 01:47 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

USDT WOULD BE
$0.00000000
currently $0.9988 · target mcap $20.14B
▼ 0.00x TO MATCHUSDT WOULD FALL TO 0.11x OF TODAY 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$0.9988
24H CHANGE▼ 0.03%
MARKET CAP$178.89BFDV $185.36B · 3% supply locked
RANK#3
SUPPLY179.1B USDT
DOMINANCE5.96%
7d▲ 0.00%
VS
Hyperliquid logo
Hyperliquid
TARGET

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

PRICE$84.14
24H CHANGE▼ 4.39%
MARKET CAP$20.14BFDV $80.06B · 75% supply locked
RANK#10
SUPPLY239.4M HYPE
DOMINANCE0.67%
7d▲ 6.93%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
11.3% the size
USDT$178.89B
HYPE$20.14B
THE CLIMBTether logoUSDT→Hyperliquid logoHYPEMULTIPLIER▼ 8.88xGAP$158.75B
$100.00B
Tether logo
SOURCEUSDT$178.89B
Hyperliquid logo
TARGETHYPE$20.14B
Figure Heloc logo
FIGR_HELOC$26.85B
TRON logo
TRX$30.41B
Solana logo
SOL$54.45B
USDC logo
USDC$70.99B
XRP logo
XRP$79.13B
BNB logo
BNB$91.81B
log scale · mcap in USDNov 3, 2026
Tether logo
USDTTether
$178.89BSOURCE
Figure Heloc logo
FIGR_HELOC
$26.85B
TRON logo
TRX
$30.41B
Solana logo
SOL
$54.45B
USDC logo
USDC
$70.99B
XRP logo
XRP
$79.13B
BNB logo
BNB
$91.81B
Hyperliquid logo
HYPEHyperliquid
$20.14BTARGET
mcap in USDNov 3, 2026
BAG SCENARIOS·IF USDT HIT HYPE MCAP·TARGET $0.1125
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDT$99.88$11.25−$88.63
Coffee money1K USDT$998.76$112.46−$886.29
Small bag10K USDT$9,987.57$1,124.63−$8,862.94
Real bag100K USDT$99,875.70$11,246.27−$88,629.43
Whale bag1M USDT$998,757.00$112,462.67−$886,294.33
Generational10M USDT$9,987,570.00$1,124,626.73−$8,862,943.27
$20.14B compared to the world
NikeNKE
$130.00B
HYPE mcap is 15.5% of Nike
StarbucksSBUX
$100.00B
HYPE mcap is 20.1% of Starbucks
SpotifySPOT
$90.00B
HYPE mcap is 22.4% of Spotify
RobloxRBLX
$30.00B
HYPE mcap is 67.1% of Roblox
RedditRDDT
$25.00B
HYPE mcap is 80.6% of Reddit
SnapchatSNAP
$20.00B
HYPE mcap is 1.01× Snapchat

About this comparison

This page compares the market capitalizations of Tether (USDT) and Hyperliquid (HYPE). With Tether currently at $0.9988 per coin and a market cap of $178.89B, and Hyperliquid at $84.14 with a market cap of $20.14B, applying Hyperliquid's market cap to Tether's circulating supply produces a hypothetical USDT price of $0.1125 — 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 $20.14B, each USDT would be worth approximately $0.1125 based on the circulating supply of 179,115,594,476 USDT. That is 0.11x the current USDT price of $0.9988.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $178.89B, ranking #3 by market capitalization. Each USDT trades at $0.9988.

What is the current market cap of Hyperliquid?

Hyperliquid (HYPE) currently has a market cap of $20.14B, ranking #10 by market capitalization. Each HYPE trades at $84.14.

How does USDT compare to HYPE?

Tether's market cap of $178.89B sits well below Hyperliquid's $20.14B. 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.