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Both Eyes Tuesday, September 8, 2026
BTC $78,749.85 -0.82% ETH $2,493.29 +0.09% Mkt Cap $2.66T -0.52%
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.

Side by side Source CoinPaprika Updated hourly
Ethereum ETH
Rank #2
$2,493.29
+0.09% 24h
Market cap
$305.12B
24h volume
$9.33B
Hyperliquid HYPE
Rank #9
$84.39
-3.46% 24h
Market cap
$28.18B
24h volume
$948.94M

Ethereum vs Hyperliquid: Key Metrics

Metric ETH HYPE
Market cap rank #2 #9
Price $2,493.29 $84.39
Market capitalization $305.12B $28.18B
24-hour trading volume $9.33B $948.94M
24-hour change +0.09% -3.46%
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 CoinPaprika, 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 ($305.12B) compared with Hyperliquid ($28.18B), roughly 10.8× larger.
What do Ethereum and Hyperliquid have in common?
Both are classified by CoinPaprika 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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