Tether vs Hyperliquid — USDT/HYPE Comparison
Side-by-side market data for Tether and Hyperliquid, updated continuously.
Tether (USDT) has a larger market capitalization than Hyperliquid (HYPE) — about 10.8× bigger. Tether is ranked #3 and Hyperliquid is ranked #11 by market cap.
| Metric | Tether (USDT) | Hyperliquid (HYPE) |
|---|---|---|
| Price | $0.9991 | $75.83 |
| Market Cap | $182.46B | $16.87B |
| Rank | #3 | #11 |
| 24h Change | +0.00% | +0.77% |
| 7d Change | -0.00% | -3.86% |
| 24h Volume | $33.80B | $638.51M |
| All-Time High | $1.32 | $97.96 |
| Circulating Supply | 182,624,397,368 USDT | 222,445,714 HYPE |
Performance: USDT vs HYPE
| Period | USDT | HYPE |
|---|---|---|
| 1 hour | +0.00% | -0.16% |
| 24 hours | +0.00% | +0.77% |
| 7 days | -0.00% | -3.86% |
| 30 days | -0.07% | -16.31% |
| 1 year | -0.13% | +95.16% |
USDT vs HYPE: The Analysis
- Tether is the larger asset (10.8× Hyperliquid’s cap)
- Over 1 year, HYPE has outperformed (up 95.16% vs down 0.13%)
- HYPE sits closer to its all-time high (-23% vs -24%)
Tether (USDT) and Hyperliquid (HYPE) sit at very different scales: Tether is ranked #3 with a $182.46B market cap, about 10.8× the $16.87B of Hyperliquid (#11). A larger cap generally means deeper liquidity and lower volatility, not a better investment.
Over the past year, USDT is down 0.13% and HYPE is up 95.16% — HYPE has clearly led.
USDT trades 24% below its all-time high of $1.32, while HYPE is 23% below its $97.96 peak — one gauge of how much each has recovered.
By use case, Tether is associated with Stablecoins, USD Stablecoin, and Hyperliquid with Decentralized Exchange (DEX), Smart Contract Platform — so they are not necessarily direct substitutes.
USDT to HYPE Conversion
| Amount | Equivalent |
|---|---|
| 1 USDT | 0.01317525 HYPE |
| 1 HYPE | 75.8999 USDT |
| 10 USDT | 0.1318 HYPE |
Based on live prices: USDT $0.9991, HYPE $75.83. A market exchange may differ.
Volatility & Drawdown
| Metric | USDT | HYPE |
|---|---|---|
| 30-day volatility (annualised) | — | — |
| All-time high | $1.32 | $97.96 |
| From all-time high | -24.31% | -22.59% |
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 Tether and Hyperliquid?
Tether (USDT) has a larger market capitalization than Hyperliquid (HYPE) — about 10.8× bigger. Tether is ranked #3 and Hyperliquid is ranked #11 by market cap. Tether trades at $0.9991 and Hyperliquid at $75.83. Tether is categorised under Stablecoins, USD Stablecoin.
Which is bigger, Tether or Hyperliquid?
Tether is larger, with a market cap of $182.46B versus Hyperliquid's $16.87B — roughly 10.8× bigger.
Which has performed better recently?
Over the last 7 days, USDT is down 0.00% and HYPE is down 3.86%. Over a full year, USDT is down 0.13% versus up 95.16% for HYPE. Past performance does not predict future results — this is not financial advice.
How many HYPE is 1 USDT worth?
At current prices, 1 Tether is worth about 0.01317525 HYPE, and 1 Hyperliquid is worth 75.8999 USDT (USDT $0.9991, HYPE $75.83).
Could Hyperliquid overtake Tether's market cap?
For Hyperliquid to reach Tether's current $182.46B market cap, its price would need to rise about 10.8× to roughly $820.33 per HYPE (at today's supply), with Tether staying flat. That is a hypothetical, not a prediction.
Is Tether 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.
Tether data · Hyperliquid data · Information only — not financial advice. A larger market cap does not mean a better investment.