CloudBank vs Hyperliquid

CloudBank (COD) and Hyperliquid (HYPE) compared side by side. Over the past 30 days, HYPE is ahead by 41.2 percentage points (COD -52.5% against HYPE -11.3%). Their daily returns move loosely in opposite directions (correlation -0.45 across 27 shared trading days). COD has been the more volatile of the two, at 134% annualised against HYPE's 82%.

Correlation: -0.45
Ahead over 30 days: HYPE

CloudBankCOD

$0.028699

24h: -16.85%
Market cap: —
Volume 24h: $229,403
Volatility (ann.): 134%

HyperliquidHYPE

$80.1400

24h: -0.94%
Market cap: $19.16B
Volume 24h: $722.36M
Volatility (ann.): 82%

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

Performance

CODHYPE

7 days-20.96%+1.09%HYPE
30 days-52.51%-11.35%HYPE

Correlation

-0.45over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4590d: 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	COD	HYPE
Max drawdown (400d)	-52.5%	-18.9%
Risk-adjusted return (90d)	-0.39	0.50

Relative strength over 90 days: HYPE outperformed COD by 48.8% — measured on the COD/HYPE ratio, so it holds regardless of market direction.

CloudBank →Hyperliquid →