Hyperliquid vs WhiteBIT Coin

Hyperliquid (HYPE) is 2.3× the size of WhiteBIT Coin (WBT) by market capitalisation. Over the past 30 days, HYPE is ahead by 0.7 percentage points (HYPE -6.0% against WBT -6.8%). Their daily returns move loosely together (correlation 0.42 across 58 shared trading days). HYPE has been the more volatile of the two, at 82% annualised against WBT's 59%.

Correlation: 0.42
Size ratio: 2.3×
Ahead over 30 days: HYPE

HyperliquidHYPE

$84.3900

24h: -2.14%
Market cap: $20.19B
Volume 24h: $1.37B
Volatility (ann.): 82%

WhiteBIT CoinWBT

$75.2000

24h: +1.02%
Market cap: $8.93B
Volume 24h: $131.75M
Volatility (ann.): 59%

HYPE 69.3%Share of the two combined market caps30.7% WBT

Performance

HYPEWBT

7 days+4.65%-3.75%HYPE
30 days-6.04%-6.78%HYPE

Correlation

0.42over 58 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5790d: 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	WBT
Max drawdown (400d)	-18.9%	-12.4%
Risk-adjusted return (90d)	0.58	0.62

Relative strength over 90 days: HYPE outperformed WBT by 7.9% — measured on the HYPE/WBT ratio, so it holds regardless of market direction.

Hyperliquid →WhiteBIT Coin →