Ethereum vs 
Hyperliquid
Ethereum (ETH) has a market cap of $264.71B, 10.5× that of Hyperliquid (HYPE) at $25.28B, as of 2026-11-08 23:21 UTC.
At Ethereum's market cap, one HYPE would be worth $792.704 — 10.5× its current price of $75.71. This is arithmetic, not a forecast.
Over 24 hours ETH is -3.17% and HYPE is -2.17%.
Over 30 days, HYPE lost 10.10% while ETH lost 13.05%.
Annualised 90-day volatility: ETH 56%, HYPE 61% — HYPE has been the more volatile asset.
Their daily returns are weakly correlated over 90 days (0.33).
Updated · Market data, not investment advice.
| Metric | Ethereum (ETH) | Hyperliquid (HYPE) |
|---|---|---|
| Price | $2,163.08 | $75.71 |
| Market cap | $264.71B | $25.28B |
| Rank | #2 | #9 |
| 24h volume | $6.27B | $513.08M |
| 24h change | -3.17% | -2.17% |
| 7d change | -5.31% | -14.41% |
| 30d change | -13.05% | -10.10% |
| 90d change | +15.48% | — |
| Volatility (90d, annualised) | 56% | 61% |
| Circulating supply | 122.37M | 333.93M |
| Max supply | No cap | 1.00B |
| Fully diluted value | $264.71B | $75.71B |
| Correlation of daily returns (90d) | 0.33 | |
45-day performance, rebased to 100
Binance daily closes. Past performance doesn't predict future returns.
Frequently asked questions
What would HYPE be worth with ETH's market cap?+
$792.704 per HYPE, based on Hyperliquid's current circulating supply. This is arithmetic, not a forecast.
Is Ethereum bigger than Hyperliquid?+
Yes. Ethereum's market cap is $264.71B versus $25.28B for Hyperliquid (2026-11-08 23:21 UTC).
Which performed better over the last 30 days, ETH or HYPE?+
Hyperliquid: -10.10% vs Ethereum: -13.05% (Binance daily closes, 2026-11-08 23:21 UTC).
Do ETH and HYPE move together?+
Their 90-day correlation of daily returns is 0.33 (1 = move in lockstep, 0 = unrelated) — weakly correlated.
Where does this data come from?+
Live prices and history from Binance spot markets; market cap and supply from CoinLore. Past performance doesn't predict future returns.