Harmonix Finance vs Hyperliquid

Hyperliquid (HYPE) is 30536.6× the size of Harmonix Finance (HAR) by market capitalisation. Over the past 30 days, HYPE is ahead by 20.1 percentage points (HAR -26.2% against HYPE -6.0%). Their daily returns move closely together (correlation 0.72 across 29 shared trading days). HAR has been the more volatile of the two, at 964% annualised against HYPE's 82%.

Correlation: 0.72
Size ratio: 1 : 30536.6
Ahead over 30 days: HYPE

Harmonix FinanceHAR

$0.002067

24h: -2.00%
Market cap: $660,837
Volume 24h: $1,328
Volatility (ann.): 964%

HyperliquidHYPE

$84.3700

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

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

Performance

HARHYPE

7 days-58.30%+4.65%HYPE
30 days-26.17%-6.04%HYPE

Correlation

0.72over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7290d: 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	HAR	HYPE
Max drawdown (400d)	-78.5%	-18.9%
Risk-adjusted return (90d)	-0.03	0.58

Relative strength over 90 days: HYPE outperformed HAR by 31.7% — measured on the HAR/HYPE ratio, so it holds regardless of market direction.

Harmonix Finance →Hyperliquid →