Creditlink Token vs Hyperliquid

Hyperliquid (HYPE) is 55941.1× the size of Creditlink Token (CDL) by market capitalisation. Over the past 30 days, HYPE is ahead by 47.9 percentage points (CDL -53.9% against HYPE -6.0%). Their daily returns move barely together (correlation 0.25 across 30 shared trading days). CDL has been the more volatile of the two, at 147% annualised against HYPE's 82%.

Correlation: 0.25
Size ratio: 1 : 55941.1
Ahead over 30 days: HYPE

Creditlink TokenCDL

$0.001807

24h: -0.45%
Market cap: $369,786
Volume 24h: $43,282
Volatility (ann.): 147%

HyperliquidHYPE

$86.5900

24h: +2.74%
Market cap: $20.69B
Volume 24h: $1.36B
Volatility (ann.): 82%

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

Performance

CDLHYPE

7 days-46.40%+4.65%HYPE
30 days-53.91%-6.04%HYPE

Correlation

0.25over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2590d: 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	CDL	HYPE
Max drawdown (400d)	-54.1%	-18.9%
Risk-adjusted return (90d)	-0.36	0.58

Relative strength over 90 days: HYPE outperformed CDL by 54.3% — measured on the CDL/HYPE ratio, so it holds regardless of market direction.

Creditlink Token →Hyperliquid →