Hyperbolic Protocol vs Tether
Hyperbolic Protocol (HYPE) and Tether (USDT) compared side by side. HYPE has been the more volatile of the two, at 82% annualised against USDT's 1%.
HYPE 0.0%Share of the two combined market caps100.0% USDT
Performance
HYPEUSDT
- 7 daysUSDT
- 30 days—
Risk & extremes
| Metric | HYPE | USDT |
|---|---|---|
| Max drawdown (400d) | -27.9% | -0.2% |
| Risk-adjusted return (90d) | -0.32 | -0.03 |
Relative strength over 90 days: USDT outperformed HYPE by 5.8% — measured on the HYPE/USDT ratio, so it holds regardless of market direction.