Sui vs Hyperliquid

General

Description

Sui Logo
Sui
 (SUI)

SUI is a modern Layer-1 blockchain project developed by Mysten Labs, founded by former Diem engineers from Meta (Facebook). Since its official launch in May 2023, SUI has offered a powerful alternative to established blockchains like Ethereum and Solana, thanks to its innovative architecture and its own programming language, “Move,” delivering high transaction speed and low costs.

Sui overview
Hyperliquid Logo
Hyperliquid
 (HYPE)

Hyperliquid is a decentralized exchange (DEX) for perpetual futures and spot trading with a fully on-chain central limit order book on its own layer-1 blockchain. The platform combines CEX-like speed and liquidity with the transparency and self-custody of decentralized systems. With up to 50x leverage and low latency, Hyperliquid is a powerful alternative to centralized trading platforms.

Hyperliquid overview

Purpose and goals

Sui Logo
Sui
 (SUI)
  • Fast transactions
  • Secure smart contracts
  • Object-oriented data model
Hyperliquid Logo
Hyperliquid
 (HYPE)
  • Decentralized exchange (DEX)
  • Perpetual futures and leveraged trading
  • On-chain order book

Price and market data

Price chart

Sui
 (SUI)

$2.41

-30.54%
Hyperliquid
 (HYPE)

$35.70

-19.83%
Market data
SuiHyperliquid
Market cap
$8.73B
$9.67B
Market share
0.24%
0.26%
Current price

$2.41

-$0.24-9.79%

$35.70

-$2.59-7.26%
SUI converterHYPE converter
All-time high
$5.35
Jan 04, 2025-54.95%
$59.30
Sep 18, 2025-39.94%
Crypto all-time highs
Cycle low
$1.44
+67.85%Oct 10, 2025
$29.24
+21.72%Oct 10, 2025
Prediction for 2025
Powered by AI
$9.33
+290.56%
$72.00
+102.82%
SUI predictionHYPE prediction
Price trend
Negative
(16/30 days)
Negative
(19/30 days)
Momentum
Neutral
NegativePositive
Neutral
Neutral
NegativePositive
Neutral
Relative Strength Index
Neutral
BuySell
Neutral (32.95)
Neutral
BuySell
Neutral (34.49)
News sentiment
Positive
NegativePositive
Positive (76/100)

Last 30 days

Neutral
NegativePositive
Neutral (52/100)

Last 30 days

SUI newsHYPE news
Price performance
+17.35%
Price performance
+6.27%
+184.42%
Price performance
-32.98%
-35.25%
Price performance
-30.54%
-19.83%
Price performance
-9.79%
-7.26%
Price performance
+0.79%
+1.49%
Annual return
-39.67%
+35.72%
Annual return
+415.36%
+589.70%
Annual return
-62.51%
SUI returnsHYPE returns
Total return
+79.57%
2023 – 2025
+462.30%
2024 – 2025
Average annual return
+104.40%
+312.71%
Transaction volume
$2.23B
24h
$881.12M
24h
Max supply
10B
1B
Circulating supply
3.63B
270.77M
Inflation
55.00%
Year
Year
Crypto inflation

On-chain data

Market data
SuiHyperliquid
Total Value Locked (TVL)
$1.88B
$2.02B
What is Total Value Locked?
Market cap/TVL (ratio)
4.64
4.79
Transactions (24h)
Active addresses (24h)

Our rating

Our rating
SuiHyperliquid
Our overall rating
Sui
Hyperliquid
How we evaluate cryptocurrencies

Our individual ratings

Risk
Sui: 7 of 10
Risk (Sui)
Hyperliquid: 4 of 10
Risk (Hyperliquid)
Sui Logo
Hyperliquid Logo
riskyless risky
Community
Sui: 6 of 10
Community (Sui)
Hyperliquid: 6 of 10
Community (Hyperliquid)
Sui Logo
Hyperliquid Logo
smalllarge
Hype & momentum
Sui: 7 of 10
Hype & momentum (Sui)
Hyperliquid: 7 of 10
Hype & momentum (Hyperliquid)
Sui Logo
Hyperliquid Logo
weakstrong
Active usage
Sui: 6 of 10
Active usage (Sui)
Hyperliquid: 7 of 10
Active usage (Hyperliquid)
Sui Logo
Hyperliquid Logo
lowhigh
Network effect
Sui: 4 of 10
Network effect (Sui)
Hyperliquid: 5 of 10
Network effect (Hyperliquid)
Sui Logo
Hyperliquid Logo
weakstrong
Decentralization
Sui: 4 of 10
Decentralization (Sui)
Hyperliquid: 4 of 10
Decentralization (Hyperliquid)
Sui Logo
Hyperliquid Logo
centralizeddecentralized

Our opinion

Sui Logo
Sui
 (SUI)
SUI relies on innovative technical approaches with its object-oriented data model and the use of the “Move” programming language, addressing many traditional challenges in blockchain networks. Its architecture allows transactions to be processed in parallel, resulting in impressive performance metrics—for instance, transaction finality times of around 0.4 seconds were achieved during testing. At the same time, SUI employs a two-tier consensus mechanism that routes simple transactions through a fast path and handles complex multi-party transactions via a full BFT consensus. This ensures not only high speed but also flexibility and security. Despite these remarkable technical features, SUI is still in its early stages: it faces challenges such as a limited ecosystem and low recognition compared to established networks. Nonetheless, the project offers a promising technology stack that, if successfully adopted, has the potential to set new standards for performance and user experience.
Sui overview
Hyperliquid Logo
Hyperliquid
 (HYPE)
Hyperliquid brings the classic order book to self-custody: its own layer-1, fully on-chain, with noticeably low latency. For traders who want precise limit orders and true matching instead of pools, this finally feels like serious on-chain trading. The standout piece is HyperEVM, which makes the order book programmable—automated strategies and DeFi integrations can tap directly into native liquidity. Native USDC simplifies deposits and withdrawals and reduces day-to-day friction. That said, not everything is solved: the validator set is still small, the node code isn’t fully open, and perpetuals remain regulatory-sensitive. Our take: Hyperliquid shows that “decentralized” doesn’t have to mean “slow and clunky.” If decentralization and operational stability continue to improve, the project has a real shot at becoming the reference point for on-chain order-book trading.
Hyperliquid overview

Details

Info
SuiHyperliquid
Founder
Evan Cheng, Sam Blackshear, Adeniyi Abiodun, George Danezis, Kostas Kryptos
Jeff Yan, "iliensinc" (pseudonym)
Developer
Mysten Labs
Hyper Foundation
Published
2023
2023
Open source
Yes
Yes
Sector
Smart Contracts
DEX
Key feature
Scalable Infrastructure
On-chain order book (CLOB)
Blockchain
Sui Blockchain
Hyperliquid Blockchain
Staking
Yes
Yes
Consensus mechanism
Delegated Proof of Stake
HyperBFT
Energy consumption
Low
Low
Transactions per second
297,000 TPS
200,000 TPS
Institutional investors
  • a16z Crypto
  • Coinbase Ventures
  • YZi Labs
  • Circle
  • Electric Capital
  • Jump Crypto
  • etc.
Community
1.05M followers
346,537 followers
Website
sui.io
hyperfoundation.org
Whitepaper
Whitepaper
Whitepaper
Sui vs Hyperliquid

Sui or Hyperliquid

Market data comparison of SUI versus HYPE

The current price of Sui is $2.41 and has decreased by in the last 24 hours. Hyperliquid is currently trading at $35.70, with a drop of over the same period. Sui has a market cap of $8.73B and ranks 23rd. Hyperliquid follows with a market cap of $9.67B, ranking 20th — meaning it is valued higher.

We automatically update all market data every 15 minutes, so you always have the latest figures for your comparison.

Should I buy Sui or Hyperliquid?

You should be aware that investing in cryptocurrencies carries risks, and we are neither allowed nor intending to provide investment advice. Still, we'd like to offer some food for thought: consider the opportunities and risks associated with both Sui and Hyperliquid. What target markets and problems are these two projects aiming to address?

If you're still unsure whether to invest in Sui or Hyperliquid, you can take a look at some additional market data to help with your decision:

Currently, Sui is about below it's all-time high of $5.35 reached on Jan 04, 2025.
In comparison, Hyperliquid is down approximately from it's all-time high of $59.30 on Sep 18, 2025.
Sui currently has a 153.00% higher 24h transaction volume of $2.23B compared to Hyperliquid with $881.12M.
Over the past year, Sui achieved a total return of , while Hyperliquid returned . Keep in mind, however, that past performance rarely guarantees future results.

Additional criteria for comparing cryptocurrencies:

  • What problem does the project aim to solve, and is a decentralized network meaningful and necessary for it?
  • How actively is the network being used?
  • Does the project have a large and active community?
  • How strong is the development activity? (e.g., on GitHub)
  • How decentralized is the underlying blockchain and the project itself?

How we evaluate cryptocurrencies

These are just a few indicators you can use to better evaluate and compare cryptocurrencies like Sui and Hyperliquid. Cryptocurrencies and their underlying technologies are often difficult to compare — even for professionals. So don’t stress yourself out, and never let emotions or fear of missing out drive your investment decisions.

Where can I buy Sui or Hyperliquid?

Today, there are many reputable and secure exchanges that make it easy to invest in Sui and Hyperliquid. We're happy to help you choose the right one: simply use our exchange comparison tool to find the platform that best suits your needs. Both Sui and Hyperliquid are well-known and in high demand, which means they're available on most major exchanges.

Crypto exchanges comparison

Which crypto wallet is best for Sui and Hyperliquid?

If you want to store cryptocurrencies like Sui or Hyperliquid yourself, choosing the right wallet is essential. Consider your personal preferences when deciding: Is ease of use important to you? Do you prefer maximum security with a hardware wallet (USB device), or is a software wallet sufficient for your needs? Our crypto wallet comparison helps you find the best wallet for Sui, Hyperliquid, and many other cryptocurrencies.

Crypto wallets comparison

How does our comparison work?

Data & Interfaces

Our market data is automatically updated every 15 minutes. This means you can always use the latest data for your comparisons. We obtain the data through web interfaces (API) from CoinGecko, DefiLlama, CoinCodex and many more

Research & Deepdive

We regularly sift through a jungle of technical whitepapers, websites, social media and forums for you. In doing so, we filter out essential and relevant information in order to present it to you clearly and comprehensibly in our comparison

Analysis & Valuation

We research and use analysis tools for blockchains and their networks, to form a fact-based foundation for our valuation. Please note that this is not an investment recommendation, but merely our personal opinion.

Community & Feedback

We check our information every 1-2 months to ensure it is up to date and correct. With the help of our community, we can find outdated or incorrect data even faster. Of course, we also welcome your feedback or suggestions for improvement!

Our data on cryptocurrencies was last updated on 2025-10-17T14:05:23.128134+00:00. Sources: CoinGecko, defillama.com, coincodex.com.

The content on this website is provided for general informational purposes only and does not constitute financial, investment, legal, or tax advice. It should not be interpreted as a recommendation to buy, sell, or hold cryptocurrencies, nor as a guarantee of future price developments. You are responsible for independently verifying any information before using a listed service. Trading cryptocurrencies involves significant risk and can result in the total loss of your capital. Past performance is not indicative of future results. We do not accept any liability for the timeliness, accuracy, or completeness of the information provided, including content from external or third-party sources. All actions are taken at your own risk. Some links on this website are affiliate links. If you purchase a product or use a service through these links, we may receive a commission at no additional cost to you. Our content, comparisons, and rankings remain editorially independent. This helps us provide free content and continue developing the platform. Thank you for your support.