VeChain vs Hyperliquid

General

Description

VeChain Logo
VeChain
 (VET)

VeChain is a smart contract platform focused on delivering enterprise solutions for supply chain management by combining blockchain technology with the Internet of Things (IoT), such as RFID chips. This aims to create a reliable and transparent flow of information in logistics, covering sectors like luxury goods, pharmaceuticals, and more.

VeChain 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

VeChain Logo
VeChain
 (VET)
  • Blockchain for enterprises
  • More transparent logistics
  • Information flow in supply chains
Hyperliquid Logo
Hyperliquid
 (HYPE)
  • Decentralized exchange (DEX)
  • Perpetual futures and leveraged trading
  • On-chain order book

Price and market data

Price chart

VeChain
 (VET)

$0.0178

-6.94%
Hyperliquid
 (HYPE)

$38.13

-5.01%
Market data
VeChainHyperliquid
Market cap
$1.53B
$10.33B
Market share
0.040%
0.27%
Current price

$0.018

+$0.00075+4.23%

$38.13

+$2.32+6.07%
VET converterHYPE converter
All-time high
$0.28
Apr 19, 2021-93.65%
$59.30
Sep 18, 2025-35.70%
Crypto all-time highs
Cycle low
$0.15
+78.92%Jan 30, 2022
$29.24
+30.31%Oct 10, 2025
Prediction for 2025
Powered by AI
$0.052
+190.24%
$72.00
+89.03%
VET predictionHYPE prediction
Price trend
Negative
(19/30 days)
Negative
(20/30 days)
Momentum
Neutral
NegativePositive
Neutral
Relative Strength Index
Neutral
BuySell
Neutral (36.89)
News sentiment
Positive
NegativePositive
Positive (96/100)

Last 3 months

Neutral
NegativePositive
Neutral (49/100)

Last 30 days

VET newsHYPE news
Price performance
-23.05%
Price performance
-23.65%
+171.02%
Price performance
-29.35%
-31.99%
Price performance
-6.94%
-5.01%
Price performance
+4.23%
+6.07%
Price performance
-0.80%
-0.44%
Annual return
-60.93%
+36.40%
Annual return
+22.89%
+589.70%
Annual return
+127.87%
VET returnsHYPE returns
Total return
-99.63%
2018 – 2025
+465.13%
2024 – 2025
Average annual return
+66.47%
+313.05%
Transaction volume
$25.71M
24h
$342.09M
24h
Max supply
86.71B
1B
Circulating supply
85.99B
270.77M
Inflation
Year
Year
Crypto inflation

On-chain data

Market data
VeChainHyperliquid
Total Value Locked (TVL)
$5.48M
$2.15B
What is Total Value Locked?
Market cap/TVL (ratio)
280.14
4.8
Transactions (24h)
Active addresses (24h)

Our rating

Our rating
VeChainHyperliquid
Our overall rating
VeChain
Hyperliquid
How we evaluate cryptocurrencies

Our individual ratings

Risk
VeChain: 2 of 10
Risk (VeChain)
Hyperliquid: 4 of 10
Risk (Hyperliquid)
VeChain Logo
Hyperliquid Logo
riskyless risky
Community
VeChain: 4 of 10
Community (VeChain)
Hyperliquid: 6 of 10
Community (Hyperliquid)
VeChain Logo
Hyperliquid Logo
smalllarge
Hype & momentum
VeChain: 2 of 10
Hype & momentum (VeChain)
Hyperliquid: 7 of 10
Hype & momentum (Hyperliquid)
VeChain Logo
Hyperliquid Logo
weakstrong
Active usage
VeChain: 2 of 10
Active usage (VeChain)
Hyperliquid: 7 of 10
Active usage (Hyperliquid)
VeChain Logo
Hyperliquid Logo
lowhigh
Network effect
VeChain: 1 of 10
Network effect (VeChain)
Hyperliquid: 5 of 10
Network effect (Hyperliquid)
VeChain Logo
Hyperliquid Logo
weakstrong
Decentralization
VeChain: 1 of 10
Decentralization (VeChain)
Hyperliquid: 4 of 10
Decentralization (Hyperliquid)
VeChain Logo
Hyperliquid Logo
centralizeddecentralized

Our opinion

VeChain Logo
VeChain
 (VET)
VeChain is a first-generation blockchain and smart contract platform that has been on the market for quite some time. The network primarily focuses on improving information flows within complex corporate supply chains. By combining blockchain technology with RFID sensors, for example, it’s possible to automatically detect whether a medication or food product was improperly cooled during transit—and pinpoint exactly where this occurred. VeChain is also used in combating counterfeit products. Over the years, VeChain has secured partnerships with several prominent companies, including BMW, Renault, Kühne + Nagel, Walmart, and luxury group LVMH. We find VeChain’s use cases and its focus as an enterprise blockchain intriguing, but from an investment perspective, we personally don’t see a compelling case. Our thesis is that significant long-term price appreciation is more likely to come from cryptocurrencies or blockchains that enjoy high demand and widespread use among the general public.
VeChain 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
VeChainHyperliquid
Founder
Sunny Lu
Jeff Yan, "iliensinc" (pseudonym)
Developer
VeChain Foundation
Hyper Foundation
Published
2015
2023
Open source
Yes
Yes
Sector
Smart Contracts
DEX
Key feature
Enterprise Focus
On-chain order book (CLOB)
Blockchain
VeChainThor Blockchain
Hyperliquid Blockchain
Staking
No
Yes
Consensus mechanism
Proof of Authority
HyperBFT
Energy consumption
Low
Low
Transactions per second
10,000 TPS
200,000 TPS
Institutional investors
  • PwC (PricewaterhouseCoopers)
  • DNV GL
  • Caballeros Capital
  • Fundamental Labs
  • Breyer Capital
  • Myriad Capital Management
  • etc.
Community
630,852 followers
346,537 followers
Website
www.vechain.org
hyperfoundation.org
Whitepaper
Whitepaper
Whitepaper
VeChain vs Hyperliquid

VeChain or Hyperliquid

Market data comparison of VET versus HYPE

The current price of VeChain is $0.018 and has increased by in the last 24 hours. Hyperliquid is currently trading at $38.13, with a gain of over the same period. VeChain has a market cap of $1.53B and ranks 83rd. Hyperliquid follows with a market cap of $10.33B, ranking 19th — 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 VeChain 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 VeChain and Hyperliquid. What target markets and problems are these two projects aiming to address?

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

Currently, VeChain is about below it's all-time high of $0.28 reached on Apr 19, 2021.
In comparison, Hyperliquid is down approximately from it's all-time high of $59.30 on Sep 18, 2025.
VeChain currently has a 92.48% lower 24h transaction volume of $25.71M compared to Hyperliquid with $342.09M.
Over the past year, VeChain 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 VeChain 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 VeChain or Hyperliquid?

Today, there are many reputable and secure exchanges that make it easy to invest in VeChain 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 VeChain 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 VeChain and Hyperliquid?

If you want to store cryptocurrencies like VeChain 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 VeChain, 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 2025-10-19T18:20:22.687372+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.