HyperLend vs Olympus

Olympus (OHM) is 74.6× the size of HyperLend (HPL) by market capitalisation. Over the past 30 days, OHM is ahead by 12.7 percentage points (HPL -22.6% against OHM -9.8%). Their daily returns move loosely together (correlation 0.55 across 30 shared trading days). HPL has been the more volatile of the two, at 139% annualised against OHM's 29%.

Correlation: 0.55
Size ratio: 1 : 74.6
Ahead over 30 days: OHM

HyperLendHPL

$0.008922

24h: -2.67%
Market cap: $3.67M
Volume 24h: $10,950
Volatility (ann.): 139%

OlympusOHM

$18.3300

24h: -0.19%
Market cap: $273.77M
Volume 24h: $241,557
Volatility (ann.): 29%

HPL 1.3%Share of the two combined market caps98.7% OHM

Performance

HPLOHM

7 days+0.50%-5.47%HPL
30 days-22.57%-9.84%OHM

Correlation

0.55over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5590d: 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	HPL	OHM
Max drawdown (400d)	-40.8%	-10.8%
Risk-adjusted return (90d)	-0.20	-0.03

Relative strength over 90 days: OHM outperformed HPL by 22.8% — measured on the HPL/OHM ratio, so it holds regardless of market direction.

HyperLend →Olympus →