Markets › Compare › ETH vs HYPE

Ethereum vs Hyperliquid — ETH/HYPE Comparison

Side-by-side market data for Ethereum and Hyperliquid, updated continuously.

Ethereum (ETH) has a larger market capitalization than Hyperliquid (HYPE) — about 16.1× bigger. Ethereum is ranked #2 and Hyperliquid is ranked #11 by market cap.

MetricEthereum (ETH)Hyperliquid (HYPE)
Price$2,498.39$85.00
Market Cap$305.11B$18.91B
Rank#2#11
24h Change+0.27%+0.78%
7d Change-7.28%-5.72%
24h Volume$6.79B$569.58M
All-Time High$4,946.05$97.96
Circulating Supply122,124,805 ETH222,445,714 HYPE

Performance: ETH vs HYPE

PeriodETHHYPE
1 hour-0.00%-0.21%
24 hours+0.27%+0.78%
7 days-7.28%-5.72%
30 days-0.67%+1.16%
1 year-44.61%+90.31%

ETH vs HYPE: The Analysis

Ethereum (ETH) and Hyperliquid (HYPE) sit at very different scales: Ethereum is ranked #2 with a $305.11B market cap, about 16.1× the $18.91B of Hyperliquid (#11). A larger cap generally means deeper liquidity and lower volatility, not a better investment.

Over the past year, ETH is down 44.61% and HYPE is up 90.31% — HYPE has clearly led.

ETH trades 49% below its all-time high of $4,946.05, while HYPE is 13% below its $97.96 peak — one gauge of how much each has recovered.

By use case, Ethereum is associated with Smart Contract Platform, Layer 1 (L1), and Hyperliquid with Decentralized Exchange (DEX), Smart Contract Platform — so they are not necessarily direct substitutes.

ETH to HYPE Conversion

AmountEquivalent
1 ETH29.3928 HYPE
1 HYPE0.03402191 ETH
10 ETH293.9282 HYPE

Based on live prices: ETH $2,498.39, HYPE $85.00. A market exchange may differ.

Volatility & Drawdown

MetricETHHYPE
30-day volatility (annualised)——
All-time high$4,946.05$97.96
From all-time high-49.49%-13.23%

Volatility is the standard deviation of daily returns over the last 30 days, annualised. Higher means larger price swings. Not a measure of quality or risk-adjusted return.

Price Charts

Ethereum (ETH)
—
Hyperliquid (HYPE)
—
What is the difference between Ethereum and Hyperliquid?

Ethereum (ETH) has a larger market capitalization than Hyperliquid (HYPE) — about 16.1× bigger. Ethereum is ranked #2 and Hyperliquid is ranked #11 by market cap. Ethereum trades at $2,498.39 and Hyperliquid at $85.00. Ethereum is categorised under Smart Contract Platform, Layer 1 (L1).

Which is bigger, Ethereum or Hyperliquid?

Ethereum is larger, with a market cap of $305.11B versus Hyperliquid's $18.91B — roughly 16.1× bigger.

Which has performed better recently?

Over the last 7 days, ETH is down 7.28% and HYPE is down 5.72%. Over a full year, ETH is down 44.61% versus up 90.31% for HYPE. Past performance does not predict future results — this is not financial advice.

How many HYPE is 1 ETH worth?

At current prices, 1 Ethereum is worth about 29.3928 HYPE, and 1 Hyperliquid is worth 0.03402191 ETH (ETH $2,498.39, HYPE $85.00).

Could Hyperliquid overtake Ethereum's market cap?

For Hyperliquid to reach Ethereum's current $305.11B market cap, its price would need to rise about 16.1× to roughly $1,371.82 per HYPE (at today's supply), with Ethereum staying flat. That is a hypothetical, not a prediction.

Is Ethereum a better investment than Hyperliquid?

We don't give investment advice and can't say which is "better" for you — it depends on your own research, goals and risk tolerance. The data above compares their size, performance, volatility and use case so you can judge for yourself. Crypto is high-risk; see our disclaimer.

Ethereum data · Hyperliquid data · Information only — not financial advice. A larger market cap does not mean a better investment.