Hyperliquid vs Gram (prev. Toncoin)

Hyperliquid is a exchange-linked market proxy with $20.73B in market cap, while Gram (prev. Toncoin) is a layer-1 ecosystem asset with $4.55B. The useful comparison is market role, liquidity, seven-day direction, and which follow-up page gives the cleaner next decision.

Snapshot comparison. HYPE data as of Sep 27, 2026, 1:20 AM UTC; GRAM data as of Sep 27, 2026, 1:20 AM UTC. Mixed CoinGecko and fallback snapshot. Values can differ in age and are not executable quotes. Data methodology.

Open HYPE Open GRAM

Comparison Table

What changes between HYPE and GRAM.

Compare market role and supply as well as unit price. Reported trading volume is not the amount you can execute at the displayed price. This table is a research aid, not a recommendation.

Question	Hyperliquid	Gram (prev. Toncoin)
Market role	exchange-linked market proxy	layer-1 ecosystem asset
Price	$93.19	$1.62
Market cap	$20.73B	$4.55B
24h volume	$519.56M	$124.2M
7d change	+0.74%	+14.87%
Relative size	Hyperliquid is 4.55x Gram (prev. Toncoin)'s market cap	Gram (prev. Toncoin) is 0.22x Hyperliquid's market cap
Volume comparison	Hyperliquid trades at 4.18x Gram (prev. Toncoin)'s 24h volume	Gram (prev. Toncoin) trades at 0.24x Hyperliquid's 24h volume