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 14.4× bigger. Ethereum is ranked #2 and Hyperliquid is ranked #10 by market cap.
| Metric | Ethereum (ETH) | Hyperliquid (HYPE) |
|---|---|---|
| Price | $1,744.51 | $62.44 |
| Market Cap | $213.06B | $14.84B |
| Rank | #2 | #10 |
| 24h Change | -9.06% | -12.45% |
| 7d Change | -21.90% | -18.81% |
| 24h Volume | $16.71B | $1.43B |
| All-Time High | $4,946.05 | $97.96 |
| Circulating Supply | 122,218,624 ETH | 237,730,949 HYPE |
Performance: ETH vs HYPE
| Period | ETH | HYPE |
|---|---|---|
| 1 hour | -1.39% | -1.68% |
| 24 hours | -9.06% | -12.45% |
| 7 days | -21.90% | -18.81% |
| 30 days | -21.11% | -12.27% |
| 1 year | -40.81% | +85.64% |
ETH vs HYPE: The Analysis
- Ethereum is the larger asset (14.4× Hyperliquid’s cap)
- Over 1 year, HYPE has outperformed (up 85.64% vs down 40.81%)
- HYPE sits closer to its all-time high (-36% vs -65%)
Ethereum (ETH) and Hyperliquid (HYPE) sit at very different scales: Ethereum is ranked #2 with a $213.06B market cap, about 14.4× the $14.84B of Hyperliquid (#10). A larger cap generally means deeper liquidity and lower volatility, not a better investment.
Over the past year, ETH is down 40.81% and HYPE is up 85.64% — HYPE has clearly led.
ETH trades 65% below its all-time high of $4,946.05, while HYPE is 36% 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
| Amount | Equivalent |
|---|---|
| 1 ETH | 27.9390 HYPE |
| 1 HYPE | 0.03579229 ETH |
| 10 ETH | 279.3898 HYPE |
Based on live prices: ETH $1,744.51, HYPE $62.44. A market exchange may differ.
Volatility & Drawdown
| Metric | ETH | HYPE |
|---|---|---|
| 30-day volatility (annualised) | — | — |
| All-time high | $4,946.05 | $97.96 |
| From all-time high | -64.73% | -36.26% |
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
What is the difference between Ethereum and Hyperliquid?
Ethereum (ETH) has a larger market capitalization than Hyperliquid (HYPE) — about 14.4× bigger. Ethereum is ranked #2 and Hyperliquid is ranked #10 by market cap. Ethereum trades at $1,744.51 and Hyperliquid at $62.44. Ethereum is categorised under Smart Contract Platform, Layer 1 (L1).
Which is bigger, Ethereum or Hyperliquid?
Ethereum is larger, with a market cap of $213.06B versus Hyperliquid's $14.84B — roughly 14.4× bigger.
Which has performed better recently?
Over the last 7 days, ETH is down 21.90% and HYPE is down 18.81%. Over a full year, ETH is down 40.81% versus up 85.64% 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 27.9390 HYPE, and 1 Hyperliquid is worth 0.03579229 ETH (ETH $1,744.51, HYPE $62.44).
Could Hyperliquid overtake Ethereum's market cap?
For Hyperliquid to reach Ethereum's current $213.06B market cap, its price would need to rise about 14.4× to roughly $896.45 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.