Beethoven X (Legacy) vs Hyperliquid

Hyperliquid (HYPE) is 11649.1× the size of Beethoven X (Legacy) (BEETS-LEGACY) by market capitalisation. Over the past 30 days, BEETS-LEGACY is ahead by 26.0 percentage points (BEETS-LEGACY +20.0% against HYPE -6.0%). Their daily returns move loosely together (correlation 0.40 across 30 shared trading days). BEETS-LEGACY has been the more volatile of the two, at 165% annualised against HYPE's 82%.

Correlation: 0.40
Size ratio: 1 : 11649.1
Ahead over 30 days: BEETS-LEGACY

Beethoven X (Legacy)BEETS-LEGACY

$0.007224

24h: -11.76%
Market cap: $1.73M
Volume 24h: $52
Volatility (ann.): 165%

HyperliquidHYPE

$84.3900

24h: -2.14%
Market cap: $20.19B
Volume 24h: $1.37B
Volatility (ann.): 82%

BEETS-LEGACY 0.0%Share of the two combined market caps100.0% HYPE

Performance

BEETS-LEGACYHYPE

7 days-18.56%+4.65%HYPE
30 days+19.97%-6.04%BEETS-LEGACY

Correlation

0.40over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4090d: 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	BEETS-LEGACY	HYPE
Max drawdown (400d)	-25.4%	-18.9%
Risk-adjusted return (90d)	0.20	0.58

Relative strength over 90 days: BEETS-LEGACY outperformed HYPE by 30.7% — measured on the BEETS-LEGACY/HYPE ratio, so it holds regardless of market direction.

Beethoven X (Legacy) →Hyperliquid →