FEED EVERY GORILLA vs Hyperliquid

Hyperliquid (HYPE) is 7475.8× the size of FEED EVERY GORILLA (FEG) by market capitalisation. Over the past 30 days, HYPE is ahead by 19.3 percentage points (FEG -25.4% against HYPE -6.0%). Their daily returns move barely together (correlation 0.30 across 32 shared trading days). Both have run at a similar volatility, around 77% annualised.

Correlation: 0.30
Size ratio: 1 : 7475.8
Ahead over 30 days: HYPE

FEED EVERY GORILLAFEG

$2.885e-5

24h: -0.82%
Market cap: $2.77M
Volume 24h: $216,144
Volatility (ann.): 72%

HyperliquidHYPE

$86.7800

24h: +2.85%
Market cap: $20.72B
Volume 24h: $1.35B
Volatility (ann.): 82%

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

Performance

FEGHYPE

7 days-8.69%+4.65%HYPE
30 days-25.37%-6.04%HYPE

Correlation

0.30over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3090d: 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	FEG	HYPE
Max drawdown (400d)	-26.0%	-18.9%
Risk-adjusted return (90d)	-0.30	0.58

Relative strength over 90 days: HYPE outperformed FEG by 23.5% — measured on the FEG/HYPE ratio, so it holds regardless of market direction.

FEED EVERY GORILLA →Hyperliquid →