CashBackPro vs Hyperliquid

Hyperliquid (HYPE) is 11216.2× the size of CashBackPro (CBP) by market capitalisation. Over the past 30 days, HYPE is ahead by 8.3 percentage points (CBP -14.3% against HYPE -6.0%). Their daily returns move barely in opposite directions (correlation -0.18 across 31 shared trading days). CBP has been the more volatile of the two, at 155% annualised against HYPE's 82%.

Correlation: -0.18
Size ratio: 1 : 11216.2
Ahead over 30 days: HYPE

CashBackProCBP

$0.009360

24h: -14.62%
Market cap: $1.80M
Volume 24h: $2,698
Volatility (ann.): 155%

HyperliquidHYPE

$84.5400

24h: -1.17%
Market cap: $20.18B
Volume 24h: $1.42B
Volatility (ann.): 82%

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

Performance

CBPHYPE

7 days+1.00%+4.65%HYPE
30 days-14.32%-6.04%HYPE

Correlation

-0.18over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1890d: 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	CBP	HYPE
Max drawdown (400d)	-24.4%	-18.9%
Risk-adjusted return (90d)	0.04	0.58

Relative strength over 90 days: CBP outperformed HYPE by 4.0% — measured on the CBP/HYPE ratio, so it holds regardless of market direction.

CashBackPro →Hyperliquid →