ETH vs HYPE
Ethereum (ETH) vs Hyperliquid (HYPE) compared live: price, open interest, funding, volume, liquidations, top-trader positioning and realised volatility, summed or OI-weighted across every exchange tracked, with both coins rebased to 100 on one chart. Compare other coins.
ETH has 9.2x the open interest of HYPE ($15.72B vs $1.71B). Funding is higher on HYPE (0.0044% vs -0.0011% per 8h, OI-weighted across exchanges), so its longs are paying more to hold the position. HYPE has been the more volatile of the two over 30 days: 71% annualised realised volatility against 43% for ETH.
ETH vs HYPE side by side
ETH vs HYPE price, rebased to 100
Not recorded Chart: TradingView Lightweight Charts™
ETH vs HYPE open interest, rebased to 100
Not recorded Chart: TradingView Lightweight Charts™
How it's counted. Price is each coin's largest perpetual market by open interest. Open interest and 24h volume are summed over every exchange tracked; funding is the OI-weighted average per 8 hours. Liquidations are the coin's long and short liquidations in the last 24h across the exchanges that publish them. Volatility uses Binance USDT perpetual daily candles. The charts divide each coin's hourly price or open interest by its value at the start of the range, so both lines start at 100.
ETH vs HYPE FAQ
Which has more open interest, ETH or HYPE?
ETH has more: $15.72B of open interest against $1.71B for HYPE, summed over every exchange tracked.
What does the rebased ETH vs HYPE chart show?
Both coins' price (or open interest) divided by its value at the start of the range and multiplied by 100, so both lines start at 100. A line at 110 is up 10% over the range, which makes coins of very different prices comparable on one axis.
How is 30-day volatility calculated?
Realised volatility: the standard deviation of the last 30 daily log returns of the Binance USDT perpetual, annualised with the square root of 365. The volatility screener ranks the top 100 coins by it.