Hyperliquid vs Monero

Hyperliquid (HYPE) is 1.7× the size of Monero (XMR) by market capitalisation. Over the past 30 days, XMR is ahead by 21.0 percentage points (HYPE -6.0% against XMR +14.9%). Their daily returns move barely together (correlation 0.24 across 33 shared trading days). HYPE has been the more volatile of the two, at 82% annualised against XMR's 37%.

Correlation: 0.24
Size ratio: 1.7×
Ahead over 30 days: XMR

HyperliquidHYPE

$86.4600

24h: -1.76%
Market cap: $20.57B
Volume 24h: $1.32B
Volatility (ann.): 82%

MoneroXMR

$118.7000

24h: +3.57%
Market cap: $12.09B
Volume 24h: $189.52M
Volatility (ann.): 37%

HYPE 63.0%Share of the two combined market caps37.0% XMR

Performance

HYPEXMR

7 days+4.65%+7.04%XMR
30 days-6.04%+14.94%XMR

Correlation

0.24over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	HYPE	XMR
Max drawdown (400d)	-18.9%	-7.3%
Risk-adjusted return (90d)	0.58	0.36

Relative strength over 90 days: XMR outperformed HYPE by 18.6% — measured on the HYPE/XMR ratio, so it holds regardless of market direction.

Hyperliquid →Monero →