Helder vs Hyperliquid

Hyperliquid (HYPE) is 39567.8× the size of Helder (HLDR) by market capitalisation. Over the past 30 days, HYPE is ahead by 26.9 percentage points (HLDR -33.0% against HYPE -6.0%). Their daily returns move barely in opposite directions (correlation -0.07 across 29 shared trading days). HYPE has been the more volatile of the two, at 82% annualised against HLDR's 59%.

Correlation: -0.07
Size ratio: 1 : 39567.8
Ahead over 30 days: HYPE

HelderHLDR

$0.144604

24h: —
Market cap: $502,853
Volume 24h: $8
Volatility (ann.): 59%

HyperliquidHYPE

$83.3100

24h: -3.47%
Market cap: $19.90B
Volume 24h: $1.44B
Volatility (ann.): 82%

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

Performance

HLDRHYPE

7 days-17.98%+4.65%HYPE
30 days-32.98%-6.04%HYPE

Correlation

-0.07over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0790d: 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	HLDR	HYPE
Max drawdown (400d)	-34.3%	-18.9%
Risk-adjusted return (90d)	-0.56	0.58

Relative strength over 90 days: HYPE outperformed HLDR by 34.2% — measured on the HLDR/HYPE ratio, so it holds regardless of market direction.

Helder →Hyperliquid →