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Comparison

Ethereum vs Hyperliquid

A side-by-side look at Ethereum (ETH) and Hyperliquid (HYPE) — live price, market capitalization, supply, all-time records and project fundamentals. Figures refresh hourly from public market data. For informational purposes only; not financial advice.

Ethereum ETH
Rank #2
$1,794.56
-1.27% 24h
Market cap
$216.59B
24h volume
$14.92B
Hyperliquid HYPE
Rank #10
$73.02
+8.28% 24h
Market cap
$16.22B
24h volume
$2.50B

Ethereum vs Hyperliquid: Key Metrics

Metric ETH HYPE
Market cap rank #2 #10
Price $1,794.56 $73.02
Market capitalization $216.59B $16.22B
24-hour trading volume $14.92B $2.50B
24-hour change -1.27% +8.28%
Circulating supply 120,684,109 222,445,714
Maximum supply No fixed cap 1,000,000,000
All-time high $4,946.05 $76.70
All-time low $0.432979 $3.81
Genesis / launch July 30, 2015
Hashing algorithm Ethash
Categories tracked 15 10

Bold values mark the larger figure for size-based metrics (market cap, volume). Larger is not inherently “better.”

What Are Ethereum and Hyperliquid?

Ethereum ETH

Ethereum is a global, open-source platform for decentralized applications. In other words, it is a decentralized blockchain platform that enables developers to build and deploy smart contracts and applications without central authority control. Unlike Bitcoin, which primarily functions as digital currency, Ethereum operates as a programmable global computer where developers can create any type of decentralized service. The platform hosts over $14 billion in DeFi applications with hundreds of thousands of active users across financial protocols, NFT marketplaces, and gaming platforms.

Full Ethereum profile →

Hyperliquid HYPE

Hyperliquid is a layer one (L1) blockchain best known for perpetual futures and spot trading. Beyond its flagship DEX trading platform, the ecosystem supports borrowing, lending, real world assets (RWAs), and a full-fledged Ethereum Virtual Machine (EVM), making it a leading force in decentralized finance (defi). Just as electronic trading dramatically improved markets in the 2000s, Hyperliquid offers an opportunity for a massive technical upgrade of the existing financial system through a transparent, efficient, and resilient blockchain. HYPE is the native token of the Hyperliquid blockchain, with a maximum supply of 1 billion.

Full Hyperliquid profile →

Category Overlap

How Ethereum and Hyperliquid are classified by CoinGecko, and where they overlap.

Shared
Smart Contract PlatformLayer 1 (L1)Proof of Stake (PoS)
Ethereum only
Ethereum EcosystemFTX HoldingsMulticoin Capital PortfolioAlameda Research PortfolioAndreessen Horowitz (a16z) PortfolioGMCI Layer 1 IndexGMCI 30 IndexDelphi Ventures PortfolioGalaxy Digital PortfolioGMCI Index
Hyperliquid only
Decentralized Exchange (DEX)Exchange-based TokensDecentralized Finance (DeFi)DerivativesPerpetualsHyperliquid EcosystemGovernance

Ethereum vs Hyperliquid FAQ

Which has a bigger market cap, Ethereum or Hyperliquid?
Ethereum has the larger market capitalization ($216.59B) compared with Hyperliquid ($16.22B), roughly 13.3× larger.
What do Ethereum and Hyperliquid have in common?
Both are classified by CoinGecko under: Smart Contract Platform, Layer 1 (L1), Proof of Stake (PoS).
Is Ethereum or Hyperliquid a better investment?
We don’t provide financial advice or price predictions. This page compares factual market data only. Which asset suits you depends on your own research, goals and risk tolerance — always do your own due diligence before investing.

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