Able Finance vs Hyperliquid

Able Finance (ABLE) and Hyperliquid (HYPE) compared side by side. Their daily returns move loosely together (correlation 0.39 across 26 shared trading days). HYPE has been the more volatile of the two, at 81% annualised against ABLE's 46%.

Correlation: 0.39

Able FinanceABLE

$1.493e-5

24h: -0.41%
Market cap: —
Volume 24h: $1
Volatility (ann.): 46%

HyperliquidHYPE

$83.8900

24h: +1.04%
Market cap: $20.12B
Volume 24h: $1.44B
Volatility (ann.): 81%

ABLE 0.0%Share of the two combined market caps100.0% HYPE

Performance

ABLEHYPE

7 days-7.11%+3.87%HYPE
30 days-10.41%-11.01%ABLE
90 days—+45.28%—

Correlation

0.39over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	ABLE	HYPE
Max drawdown (400d)	-11.8%	-18.9%
Risk-adjusted return (90d)	-0.23	0.56

Relative strength over 90 days: HYPE outperformed ABLE by 6.2% — measured on the ABLE/HYPE ratio, so it holds regardless of market direction.

Able Finance →Hyperliquid →