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 10.2× bigger. Tether is ranked #3 and Hyperliquid is ranked #11 by market cap.
| Metric | Tether (USDT) | Hyperliquid (HYPE) |
|---|---|---|
| Price | $0.9992 | $81.38 |
| Market Cap | $183.90B | $18.11B |
| Rank | #3 | #11 |
| 24h Change | -0.01% | +1.92% |
| 7d Change | -0.02% | -4.89% |
| 24h Volume | $75.04B | $996.04M |
| All-Time High | $1.32 | $97.96 |
| Circulating Supply | 184,045,984,069 USDT | 222,445,714 HYPE |
Performance: USDT vs HYPE
| Period | USDT | HYPE |
|---|---|---|
| 1 hour | -0.01% | -0.76% |
| 24 hours | -0.01% | +1.92% |
| 7 days | -0.02% | -4.89% |
| 30 days | -0.08% | -0.76% |
| 1 year | -0.17% | +103.86% |
USDT vs HYPE: The Analysis
- Tether is the larger asset (10.2× Hyperliquid’s cap)
- Over 1 year, HYPE has outperformed (up 103.86% vs down 0.17%)
- HYPE sits closer to its all-time high (-17% vs -24%)
Tether (USDT) and Hyperliquid (HYPE) sit at very different scales: Tether is ranked #3 with a R$926.13B ($183.90B) market cap, about 10.2× the R$91.20B ($18.11B) of Hyperliquid (#11). A larger cap generally means deeper liquidity and lower volatility, not a better investment.
Over the past year, USDT is down 0.17% and HYPE is up 103.86% — HYPE has clearly led.
USDT trades 24% below its all-time high of R$6,65 ($1.32), while HYPE is 17% below its R$493 ($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 | 0.01227825 HYPE |
| 1 HYPE | 81.4448 USDT |
| 10 USDT | 0.1228 HYPE |
Based on live prices: USDT R$5,03$0.9992, HYPE R$409,82$81.38. A market exchange may differ.
Volatility & Drawdown
| Metric | USDT | HYPE |
|---|---|---|
| 30-day volatility (annualised) | — | — |
| All-time high | R$6,65$1.32 | R$493,32$97.96 |
| From all-time high | -24.30% | -16.93% |
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 10.2× bigger. Tether is ranked #3 and Hyperliquid is ranked #11 by market cap. Tether trades at R$5,03$0.9992 and Hyperliquid at R$409,82$81.38. Tether is categorised under Stablecoins, USD Stablecoin.
Which is bigger, Tether or Hyperliquid?
Tether is larger, with a market cap of R$926.13B versus Hyperliquid's R$91.20B — roughly 10.2× bigger.
Which has performed better recently?
Over the last 7 days, USDT is down 0.02% and HYPE is down 4.89%. Over a full year, USDT is down 0.17% versus up 103.86% 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 0.01227825 HYPE, and 1 Hyperliquid is worth 81.4448 USDT (USDT R$5,03$0.9992, HYPE R$409,82$81.38).
Could Hyperliquid overtake Tether's market cap?
For Hyperliquid to reach Tether's current R$926.13B market cap, its price would need to rise about 10.2× to roughly R$4.161,53$826.37 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.