DeFiChain vs Hyperliquid

Hyperliquid (HYPE) is 201080.3× the size of DeFiChain (DFI) by market capitalisation. Over the past 30 days, DFI is ahead by 196.2 percentage points (DFI +190.2% against HYPE -6.0%). Their daily returns move barely in opposite directions (correlation -0.04 across 32 shared trading days). DFI has been the more volatile of the two, at 3170% annualised against HYPE's 82%.

Correlation: -0.04
Size ratio: 1 : 201080.3
Ahead over 30 days: DFI

DeFiChainDFI

$0.000109

24h: -81.02%
Market cap: $100,402
Volume 24h: $3,755
Volatility (ann.): 3170%

HyperliquidHYPE

$84.4000

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

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

Performance

DFIHYPE

7 days+21.38%+4.65%DFI
30 days+190.18%-6.04%DFI

Correlation

-0.04over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0890d: 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	DFI	HYPE
Max drawdown (400d)	-85.0%	-18.9%
Risk-adjusted return (90d)	0.11	0.58

Relative strength over 90 days: DFI outperformed HYPE by 332.8% — measured on the DFI/HYPE ratio, so it holds regardless of market direction.

DeFiChain →Hyperliquid →