Hera Finance vs Hyperliquid

Hyperliquid (HYPE) is 2314.3× the size of Hera Finance (HERA) by market capitalisation. Over the past 30 days, HYPE is ahead by 93.6 percentage points (HERA -99.7% against HYPE -6.0%). Their daily returns move barely together (correlation 0.16 across 24 shared trading days). HERA has been the more volatile of the two, at 355% annualised against HYPE's 82%.

Correlation: 0.16
Size ratio: 1 : 2314.3
Ahead over 30 days: HYPE

Hera FinanceHERA

$1.8800

24h: -0.73%
Market cap: $8.72M
Volume 24h: $3,869
Volatility (ann.): 355%

HyperliquidHYPE

$84.5400

24h: -1.17%
Market cap: $20.18B
Volume 24h: $1.42B
Volatility (ann.): 82%

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

Performance

HERAHYPE

7 days-99.77%+4.65%HYPE
30 days-99.65%-6.04%HYPE

Correlation

0.16over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	HERA	HYPE
Max drawdown (400d)	-99.8%	-18.9%
Risk-adjusted return (90d)	-0.28	0.58

Relative strength over 90 days: HYPE outperformed HERA by 99.7% — measured on the HERA/HYPE ratio, so it holds regardless of market direction.

Hera Finance →Hyperliquid →