ICON vs Hyperliquid
Hyperliquid (HYPE) is 1858.9× the size of ICON (ICX) by market capitalisation. Both have run at a similar volatility, around 80% annualised.
- Size ratio
- 1 : 1858.9
ICX 0.1%Share of the two combined market caps99.9% HYPE
Performance
ICXHYPE
- 7 daysHYPE
- 30 daysHYPE
- 90 days—
- 1 year—
Risk & extremes
| Metric | ICX | HYPE |
|---|---|---|
| Max drawdown (400d) | -93.0% | -18.9% |
| Risk-adjusted return (90d) | -0.98 | 0.58 |
Relative strength over 90 days: HYPE outperformed ICX by 67.1% — measured on the ICX/HYPE ratio, so it holds regardless of market direction.