Hyperliquid vs TRON
Hyperliquid (HYPE) ranks #10 by market capitalization at $18.7B and TRON (TRX) ranks #8 at $31.5B, as of September 5, 2026. Hyperliquid has a fixed maximum supply of 1.0B HYPE; TRON has no fixed supply cap. Hyperliquid is available on 21 exchanges we have verified and TRON on 23; 17 list both.
Verified How we verify
Side-by-Side
 Hyperliquid |  TRON | |
|---|---|---|
| Market cap rank | #10 | #8 |
| Price | $84.08 | $0.332 |
| Market cap | $18.7B | $31.5B |
| Fully diluted valuation | $80.4B | $31.5B |
| 24-hour volume | $1.2B | $383.1M |
| Circulating supply | 222.4M HYPE | 94.9B TRX |
| Maximum supply | 1.0B HYPE | No fixed cap |
| All-time high | $88.06 (September 3, 2026) | $0.431 (December 3, 2024) |
| Change from all-time high | −4.5% | −23.0% |
| 7-day change | +2.8% | −2.4% |
| 30-day change | +49.4% | +1.7% |
| Category | layer-1 | layer-1 |
| Chains | the Hyperliquid network | the Tron network |
| Launched | — | 2017 |
Where You Can Buy Each
| Hyperliquid | TRON | |
|---|---|---|
| Exchanges listing it | 21 | 23 |
| Countries and US states with a ranked buy page | 70 | 70 |
17 exchanges list both; 70 locations have a ranked buy page for both.
Frequently Asked Questions
- Which has the larger market cap, Hyperliquid or TRON?
- TRON, by about 1.7× as of September 5, 2026: $18.7B for Hyperliquid against $31.5B for TRON.
- Does Hyperliquid or TRON have a fixed supply?
- Hyperliquid is capped at 1.0B HYPE; TRON has no fixed maximum supply.
- Where can I buy both Hyperliquid and TRON?
- 17 exchanges we have verified list both. Pick your location on the buy pages to see which serve you and what a $500 purchase costs.