Zypto Token vs Hyperliquid

Hyperliquid (HYPE) is 13179.6× the size of Zypto Token (ZYPTO) by market capitalisation. Over the past 30 days, HYPE is ahead by 27.0 percentage points (ZYPTO -33.1% against HYPE -6.0%). Their daily returns move loosely together (correlation 0.51 across 32 shared trading days). ZYPTO has been the more volatile of the two, at 103% annualised against HYPE's 82%.

Correlation: 0.51
Size ratio: 1 : 13179.6
Ahead over 30 days: HYPE

Zypto TokenZYPTO

$0.001723

24h: -6.13%
Market cap: $1.54M
Volume 24h: $4,583
Volatility (ann.): 103%

HyperliquidHYPE

$84.6200

24h: -0.58%
Market cap: $20.29B
Volume 24h: $1.41B
Volatility (ann.): 82%

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

Performance

ZYPTOHYPE

7 days-23.62%+4.65%HYPE
30 days-33.07%-6.04%HYPE

Correlation

0.51over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5190d: 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	ZYPTO	HYPE
Max drawdown (400d)	-39.0%	-18.9%
Risk-adjusted return (90d)	-0.38	0.58

Relative strength over 90 days: HYPE outperformed ZYPTO by 40.7% — measured on the ZYPTO/HYPE ratio, so it holds regardless of market direction.

Zypto Token →Hyperliquid →