BigTechExchange vs Hyperliquid

Hyperliquid (HYPE) is 419988.9× the size of BigTechExchange (BTX) by market capitalisation. Over the past 30 days, HYPE is ahead by 50.6 percentage points (BTX -56.7% against HYPE -6.0%). Their daily returns move loosely in opposite directions (correlation -0.39 across 23 shared trading days). BTX has been the more volatile of the two, at 157% annualised against HYPE's 82%.

Correlation: -0.39
Size ratio: 1 : 419988.9
Ahead over 30 days: HYPE

BigTechExchangeBTX

$4.805e-8

24h: -0.60%
Market cap: $48,070
Volume 24h: $11,696
Volatility (ann.): 157%

HyperliquidHYPE

$84.3900

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

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

Performance

BTXHYPE

7 days-12.82%+4.65%HYPE
30 days-56.67%-6.04%HYPE

Correlation

-0.39over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	BTX	HYPE
Max drawdown (400d)	-56.7%	-18.9%
Risk-adjusted return (90d)	-0.36	0.58

Relative strength over 90 days: HYPE outperformed BTX by 59.2% — measured on the BTX/HYPE ratio, so it holds regardless of market direction.

BigTechExchange →Hyperliquid →