iCoin vs Hyperliquid

Hyperliquid (HYPE) is 81570.5× the size of iCoin (ICOIN) by market capitalisation. Over the past 30 days, HYPE is ahead by 93.1 percentage points (ICOIN -99.1% against HYPE -6.0%). Their daily returns move barely in opposite directions (correlation -0.26 across 22 shared trading days). ICOIN has been the more volatile of the two, at 3553% annualised against HYPE's 82%.

Correlation: -0.26
Size ratio: 1 : 81570.5
Ahead over 30 days: HYPE

iCoinICOIN

$0.000255

24h: -0.60%
Market cap: $254,015
Volume 24h: $11,519
Volatility (ann.): 3553%

HyperliquidHYPE

$86.7800

24h: +2.85%
Market cap: $20.72B
Volume 24h: $1.35B
Volatility (ann.): 82%

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

Performance

ICOINHYPE

7 days-95.25%+4.65%HYPE
30 days-99.11%-6.04%HYPE

Correlation

-0.26over 22 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	ICOIN	HYPE
Max drawdown (400d)	-99.9%	-18.9%
Risk-adjusted return (90d)	-0.03	0.58

Relative strength over 90 days: HYPE outperformed ICOIN by 99.1% — measured on the ICOIN/HYPE ratio, so it holds regardless of market direction.

iCoin →Hyperliquid →