GRVT Token vs Hyperliquid

Hyperliquid (HYPE) is 798.8× the size of GRVT Token (GRVT) by market capitalisation. Over the past 30 days, GRVT is ahead by 43.7 percentage points (GRVT +37.7% against HYPE -6.0%). Their daily returns move barely together (correlation 0.25 across 46 shared trading days). GRVT has been the more volatile of the two, at 102% annualised against HYPE's 82%.

Correlation: 0.25
Size ratio: 1 : 798.8
Ahead over 30 days: GRVT

GRVT TokenGRVT

$0.226664

24h: +1.63%
Market cap: $25.91M
Volume 24h: $4.15M
Volatility (ann.): 102%

HyperliquidHYPE

$85.8900

24h: +2.37%
Market cap: $20.70B
Volume 24h: $1.39B
Volatility (ann.): 82%

GRVT 0.1%Share of the two combined market caps99.9% HYPE

Performance

GRVTHYPE

7 days-2.20%+4.65%HYPE
30 days+37.67%-6.04%GRVT

Correlation

0.25over 46 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4190d: 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	GRVT	HYPE
Max drawdown (400d)	-54.2%	-18.9%
Risk-adjusted return (90d)	-0.05	0.58

Relative strength over 90 days: HYPE outperformed GRVT by 44.8% — measured on the GRVT/HYPE ratio, so it holds regardless of market direction.

GRVT Token →Hyperliquid →