LIVE
BTC$85,630.00▲ 0.56%ETH$2,701.44▲ 0.20%USDT$0.9998▼ 0.01%BNB$787.02▲ 0.01%XRP$1.50▲ 0.07%USDC$0.9999▼ 0.01%SOL$119.45▼ 1.67%TRX$0.3364▲ 0.24%FIGR_HELOC$1.07▲ 0.00%ZEC$1,329.82▲ 0.20%HYPE$92.25▲ 2.43%DOGE$0.0951▲ 1.56%LINK$13.93▼ 1.58%XMR$549.94▲ 0.12%WBT$85.42▲ 0.79%ADA$0.2701▲ 9.92%USDS$0.9997▼ 0.02%RAIN$0.0117▼ 3.13%LEO$8.95▼ 0.51%XLM$0.2164▼ 0.19%NEAR$4.99▲ 2.73%BCH$313.23▼ 1.44%UNI$8.92▼ 1.39%LTC$71.15▼ 0.38%CC$0.1237▼ 1.35%SUI$1.19▼ 0.67%USDE$0.9996▼ 0.01%AVAX$10.87▼ 1.53%DAI$0.9998▼ 0.00%HBAR$0.1013▼ 1.19%BTC$85,630.00▲ 0.56%ETH$2,701.44▲ 0.20%USDT$0.9998▼ 0.01%BNB$787.02▲ 0.01%XRP$1.50▲ 0.07%USDC$0.9999▼ 0.01%SOL$119.45▼ 1.67%TRX$0.3364▲ 0.24%FIGR_HELOC$1.07▲ 0.00%ZEC$1,329.82▲ 0.20%HYPE$92.25▲ 2.43%DOGE$0.0951▲ 1.56%LINK$13.93▼ 1.58%XMR$549.94▲ 0.12%WBT$85.42▲ 0.79%ADA$0.2701▲ 9.92%USDS$0.9997▼ 0.02%RAIN$0.0117▼ 3.13%LEO$8.95▼ 0.51%XLM$0.2164▼ 0.19%NEAR$4.99▲ 2.73%BCH$313.23▼ 1.44%UNI$8.92▼ 1.39%LTC$71.15▼ 0.38%CC$0.1237▼ 1.35%SUI$1.19▼ 0.67%USDE$0.9996▼ 0.01%AVAX$10.87▼ 1.53%DAI$0.9998▼ 0.00%HBAR$0.1013▼ 1.19%
G.MARKETS/PAIR ANALYSIS·USDH logoUSDH→Ethereum logoETH· LIVE· as of 14:43 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

USDH WOULD BE
$0.00000000
currently $0.9995 · target mcap $329.93B
▲ 0.00x TO MATCHUSDH NEEDS A 15.5Kx MOVE TO MATCH ETH
COIN PROFILES·USDH vs ETH
USDH logo
USDH
SOURCE

USDH is a fiat-backed digital dollar built natively for Hyperliquid.

PRICE$0.9995
24H CHANGE▼ 0.01%
MARKET CAP$21.35MFDV $99.96B · 100% supply locked
RANK#864
SUPPLY21.4M USDH
DOMINANCE<0.01%
VS
Ethereum logo
ETHVerified by G.MARKETS
Ethereum
TARGET

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

PRICE$2,701.44
24H CHANGE▲ 0.20%
MARKET CAP$329.93BFDV $329.93B · Fully circulating
RANK#2
SUPPLY122.1M ETH
DOMINANCE11.00%
7d▲ 0.79%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
15.5Kx bigger
USDH$21.35M
ETH$329.93B
THE CLIMBUSDH logoUSDH→Ethereum logoETHMULTIPLIER▲ 15.5KxGAP$329.91B
$100.00M$1.00B$10.00B$100.00B
USDH logo
SOURCEUSDH$21.35M
Ethereum logo
TARGETETH$329.93B
Horizen logo
ZEN$127.31M
GUSD logo
GUSD$149.53M
Non-Playable Coin logo
NPC$168.04M
Zama logo
ZAMA$211.21M
THORChain logo
RUNE$256.28M
Ondo Short-Term U.S. Government Bond Fund logo
OUSG$321.23M
SPX6900 logo
SPX$417.36M
Pudgy Penguins logo
PENGU$603.95M
Aerodrome Finance logo
AERO$853.09M
United Stables logo
U$1.53B
Aave logo
AAVE$2.82B
Uniswap logo
UNI$5.58B
log scale · mcap in USDOct 5, 2026
USDH logo
USDHUSDH
$21.35MSOURCE
Horizen logo
ZEN
$127.31M
GUSD logo
GUSD
$149.53M
Non-Playable Coin logo
NPC
$168.04M
Zama logo
ZAMA
$211.21M
THORChain logo
RUNE
$256.28M
Ondo Short-Term U.S. Government Bond Fund logo
OUSG
$321.23M
SPX6900 logo
SPX
$417.36M
Pudgy Penguins logo
PENGU
$603.95M
Aerodrome Finance logo
AERO
$853.09M
United Stables logo
U
$1.53B
Aave logo
AAVE
$2.82B
Uniswap logo
UNI
$5.58B
Ethereum logo
ETHEthereum
$329.93BTARGET
mcap in USDOct 5, 2026
BAG SCENARIOS·IF USDH HIT ETH MCAP·TARGET $15,446.11
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDH$99.95$1,544,610.69+$1,544,510.74
Coffee money1K USDH$999.51$15,446,106.93+$15,445,107.42
Small bag10K USDH$9,995.07$154,461,069.26+$154,451,074.19
Real bag100K USDH$99,950.70$1,544,610,692.63+$1,544,510,741.93
Whale bag1M USDH$999,507.00$15,446,106,926.27+$15,445,107,419.27
Generational10M USDH$9,995,070.00$154,461,069,262.71+$154,451,074,192.71
$329.93B compared to the world
JPMorganJPM
$680.00B
ETH mcap is 48.5% of JPMorgan
WalmartWMT
$600.00B
ETH mcap is 55.0% of Walmart
VisaV
$580.00B
ETH mcap is 56.9% of Visa
UnitedHealthUNH
$450.00B
ETH mcap is 73.3% of UnitedHealth
NetflixNFLX
$380.00B
ETH mcap is 86.8% of Netflix
UberUBER
$160.00B
ETH mcap is 2.06× Uber

About this comparison

This page compares the market capitalizations of USDH (USDH) and Ethereum (ETH). With USDH currently at $0.9995 per coin and a market cap of $21.35M, and Ethereum at $2,701.44 with a market cap of $329.93B, applying Ethereum's market cap to USDH's circulating supply produces a hypothetical USDH price of $15,446.11 — a 15.5Kx move from current.

USDH: USDH is a fiat-backed digital dollar built natively for Hyperliquid.

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

If USDH (USDH) had Ethereum's (ETH) current market cap of $329.93B, each USDH would be worth approximately $15,446.11 based on the circulating supply of 21,359,849 USDH. That is 15.5Kx the current USDH price of $0.9995.

What is the current market cap of USDH?

USDH (USDH) currently has a market cap of $21.35M, ranking #864 by market capitalization. Each USDH trades at $0.9995.

What is the current market cap of Ethereum?

Ethereum (ETH) currently has a market cap of $329.93B, ranking #2 by market capitalization. Each ETH trades at $2,701.44.

How does USDH compare to ETH?

USDH's market cap of $21.35M sits orders of magnitude beyond Ethereum's $329.93B. For USDH to reach ETH's current valuation, the price would need to move 15.5Kx 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 USDH'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.