Ampleforth vs Hyperliquid

Hyperliquid (HYPE) is 8789.9× the size of Ampleforth (AMPL) by market capitalisation. Over the past 30 days, HYPE is ahead by 8.7 percentage points (AMPL -14.8% against HYPE -6.0%). Their daily returns move loosely together (correlation 0.49 across 32 shared trading days). AMPL has been the more volatile of the two, at 152% annualised against HYPE's 82%.

Correlation: 0.49
Size ratio: 1 : 8789.9
Ahead over 30 days: HYPE

AmpleforthAMPL

$1.2400

24h: +0.06%
Market cap: $2.30M
Volume 24h: $1,614
Volatility (ann.): 152%

HyperliquidHYPE

$84.6100

24h: -1.47%
Market cap: $20.23B
Volume 24h: $1.27B
Volatility (ann.): 82%

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

Performance

AMPLHYPE

7 days-0.78%+4.65%HYPE
30 days-14.77%-6.04%HYPE

Correlation

0.49over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5190d: 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	AMPL	HYPE
Max drawdown (400d)	-24.2%	-18.9%
Risk-adjusted return (90d)	-0.01	0.58

Relative strength over 90 days: HYPE outperformed AMPL by 4.3% — measured on the AMPL/HYPE ratio, so it holds regardless of market direction.

Ampleforth →Hyperliquid →