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%
G.MARKETS/PAIR ANALYSIS·USDC logoUSDCHyperliquid logoHYPE· LIVE· as of 22:39 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

USDC WOULD BE
$0.00000000
currently $0.9997 · target mcap $12.25B
MULTIPLIER
0.00x

USDC would drop to 0.17x of its current price at HYPE's valuation

COIN PROFILES·USDC vs HYPE
USDC logo
USDCVerified by G.MARKETS
USDC
SOURCE

USDC is a fully collateralized US dollar stablecoin.

PRICE$0.9997
24H CHANGE 0.00%
MARKET CAP$72.17BFDV $72.17B · Fully circulating
RANK#5
SUPPLY72.2B USDC
DOMINANCE2.41%
7d 0.00%
VS
Hyperliquid logo
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
17.0% the size
USDC$72.17B
HYPE$12.25B
THE CLIMBUSDC logoUSDCHyperliquid logoHYPEMULTIPLIER 5.89xGAP$59.92B
USDC logo
SOURCEUSDC$72.17B
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
log scale · mcap in USDAug 4, 2026
USDC logo
USDCUSDC
$72.17BSOURCE
Figure Heloc logo
FIGR_HELOC
$20.98B
TRON logo
TRX
$31.03B
Solana logo
SOL
$43.05B
XRP logo
XRP
$67.23B
Hyperliquid logo
HYPEHyperliquid
$12.25BTARGET
mcap in USDAug 4, 2026
BAG SCENARIOS·IF USDC HIT HYPE MCAP·TARGET $0.1697
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDC$99.97$16.97$83.00
Coffee money1K USDC$999.69$169.72$829.97
Small bag10K USDC$9,996.93$1,697.24$8,299.69
Real bag100K USDC$99,969.30$16,972.44$82,996.86
Whale bag1M USDC$999,693.00$169,724.42$829,968.58
Generational10M USDC$9,996,930.00$1,697,244.22$8,299,685.78
$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

About this comparison

This page compares the market capitalizations of USDC (USDC) and Hyperliquid (HYPE). With USDC currently at $0.9997 per coin and a market cap of $72.17B, and Hyperliquid at $55.08 with a market cap of $12.25B, applying Hyperliquid's market cap to USDC's circulating supply produces a hypothetical USDC price of $0.1697 — a 0.17x move from current.

USDC: USDC is a fully collateralized US dollar stablecoin.

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 USDC had Hyperliquid's market cap, what would the price be?

If USDC (USDC) had Hyperliquid's (HYPE) current market cap of $12.25B, each USDC would be worth approximately $0.1697 based on the circulating supply of 72,193,642,869 USDC. That is 0.17x the current USDC price of $0.9997.

What is the current market cap of USDC?

USDC (USDC) currently has a market cap of $72.17B, ranking #5 by market capitalization. Each USDC trades at $0.9997.

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 USDC compare to HYPE?

USDC's market cap of $72.17B sits well below Hyperliquid's $12.25B. For USDC to reach HYPE's current valuation, the price would need to move 0.17x 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 USDC'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.