Gate vs Hyperliquid

Hyperliquid (HYPE) is 20.2× the size of Gate (GT) by market capitalisation. Over the past 30 days, GT is ahead by 8.4 percentage points (GT +2.4% against HYPE -6.0%). Their daily returns move loosely together (correlation 0.43 across 58 shared trading days). HYPE has been the more volatile of the two, at 82% annualised against GT's 70%.

Correlation: 0.43
Size ratio: 1 : 20.2
Ahead over 30 days: GT

GateGT

$9.5300

24h: +0.19%
Market cap: $997.96M
Volume 24h: $7.26M
Volatility (ann.): 70%

HyperliquidHYPE

$84.4300

24h: -1.20%
Market cap: $20.18B
Volume 24h: $1.36B
Volatility (ann.): 82%

GT 4.7%Share of the two combined market caps95.3% HYPE

Performance

GTHYPE

7 days-1.24%+4.65%HYPE
30 days+2.35%-6.04%GT

Correlation

0.43over 58 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6390d: 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	GT	HYPE
Max drawdown (400d)	-17.7%	-18.9%
Risk-adjusted return (90d)	0.61	0.58

Relative strength over 90 days: HYPE outperformed GT by 2.9% — measured on the GT/HYPE ratio, so it holds regardless of market direction.

Gate →Hyperliquid →