BitcoinOS vs Hyperliquid

Hyperliquid (HYPE) is 118326.4× the size of BitcoinOS (BOS) by market capitalisation. Over the past 90 days, HYPE is ahead by 112.8 percentage points (BOS -67.6% against HYPE +45.3%). Their daily returns move barely together (correlation 0.27 across 47 shared trading days). BOS has been the more volatile of the two, at 192% annualised against HYPE's 81%.

Correlation: 0.27
Size ratio: 1 : 118326.4
Ahead over 90 days: HYPE

BitcoinOSBOS

$1.598e-5

24h: -4.13%
Market cap: $162,470
Volume 24h: $57,421
Volatility (ann.): 192%

HyperliquidHYPE

$80.5000

24h: -6.74%
Market cap: $19.22B
Volume 24h: $1.21B
Volatility (ann.): 81%

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

Performance

BOSHYPE

7 days+6.03%+3.87%BOS
30 days-7.05%-11.01%BOS
90 days-67.56%+45.28%HYPE

Correlation

0.27over 47 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 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	BOS	HYPE
Max drawdown (400d)	-77.1%	-18.9%
Risk-adjusted return (90d)	-0.34	0.56

Relative strength over 90 days: HYPE outperformed BOS by 59.9% — measured on the BOS/HYPE ratio, so it holds regardless of market direction.

BitcoinOS →Hyperliquid →