gtr.trade vs Hyperliquid

Hyperliquid (HYPE) is 127373.9× the size of gtr.trade (GTR) by market capitalisation. Over the past 30 days, HYPE is ahead by 57.0 percentage points (GTR -63.0% against HYPE -6.0%). Their daily returns move loosely together (correlation 0.38 across 34 shared trading days). GTR has been the more volatile of the two, at 135% annualised against HYPE's 82%.

Correlation: 0.38
Size ratio: 1 : 127373.9
Ahead over 30 days: HYPE

gtr.tradeGTR

$0.000163

24h: +0.75%
Market cap: $162,495
Volume 24h: $51
Volatility (ann.): 135%

HyperliquidHYPE

$85.5600

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

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

Performance

GTRHYPE

7 days-11.41%+4.65%HYPE
30 days-62.99%-6.04%HYPE

Correlation

0.38over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3890d: 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	GTR	HYPE
Max drawdown (400d)	-64.8%	-18.9%
Risk-adjusted return (90d)	-0.45	0.58

Relative strength over 90 days: HYPE outperformed GTR by 59.0% — measured on the GTR/HYPE ratio, so it holds regardless of market direction.

gtr.trade →Hyperliquid →