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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 16.8× bigger. Ethereum is ranked #2 and Hyperliquid is ranked #11 by market cap.

MetricEthereum (ETH)Hyperliquid (HYPE)
Price$2,355.57$77.21
Market Cap$287.82B$17.18B
Rank#2#11
24h Change+1.68%+2.09%
7d Change-0.94%-0.16%
24h Volume$6.22B$489.52M
All-Time High$4,946.05$97.96
Circulating Supply122,161,275 ETH222,445,714 HYPE

Performance: ETH vs HYPE

PeriodETHHYPE
1 hour+0.29%-0.16%
24 hours+1.68%+2.09%
7 days-0.94%-0.16%
30 days-12.02%-16.31%
1 year-39.87%+95.16%

ETH vs HYPE: The Analysis

Ethereum (ETH) and Hyperliquid (HYPE) sit at very different scales: Ethereum is ranked #2 with a $287.82B market cap, about 16.8× the $17.18B of Hyperliquid (#11). A larger cap generally means deeper liquidity and lower volatility, not a better investment.

Over the past year, ETH is down 39.87% and HYPE is up 95.16% — HYPE has clearly led.

ETH trades 52% below its all-time high of $4,946.05, while HYPE is 21% 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 ETH30.5086 HYPE
1 HYPE0.03277763 ETH
10 ETH305.0861 HYPE

Based on live prices: ETH $2,355.57, HYPE $77.21. A market exchange may differ.

Volatility & Drawdown

MetricETHHYPE
30-day volatility (annualised)——
All-time high$4,946.05$97.96
From all-time high-52.37%-21.18%

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

Ethereum (ETH) has a larger market capitalization than Hyperliquid (HYPE) — about 16.8× bigger. Ethereum is ranked #2 and Hyperliquid is ranked #11 by market cap. Ethereum trades at $2,355.57 and Hyperliquid at $77.21. Ethereum is categorised under Smart Contract Platform, Layer 1 (L1).

Which is bigger, Ethereum or Hyperliquid?

Ethereum is larger, with a market cap of $287.82B versus Hyperliquid's $17.18B — roughly 16.8× bigger.

Which has performed better recently?

Over the last 7 days, ETH is down 0.94% and HYPE is down 0.16%. Over a full year, ETH is down 39.87% versus up 95.16% 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 30.5086 HYPE, and 1 Hyperliquid is worth 0.03277763 ETH (ETH $2,355.57, HYPE $77.21).

Could Hyperliquid overtake Ethereum's market cap?

For Hyperliquid to reach Ethereum's current $287.82B market cap, its price would need to rise about 16.8× to roughly $1,293.65 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.