Juris Protocol vs Hyperliquid

Hyperliquid (HYPE) is 22968.7× the size of Juris Protocol (JURIS) by market capitalisation. Over the past 30 days, HYPE is ahead by 0.3 percentage points (JURIS -6.3% against HYPE -6.0%). Their daily returns move barely together (correlation 0.32 across 23 shared trading days). JURIS has been the more volatile of the two, at 104% annualised against HYPE's 82%.

Correlation: 0.32
Size ratio: 1 : 22968.7
Ahead over 30 days: HYPE

Juris ProtocolJURIS

$1.820e-6

24h: +0.82%
Market cap: $895,568
Volume 24h: $5,864
Volatility (ann.): 104%

HyperliquidHYPE

$86.3200

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

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

Performance

JURISHYPE

7 days+4.41%+4.65%HYPE
30 days-6.32%-6.04%HYPE

Correlation

0.32over 23 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	JURIS	HYPE
Max drawdown (400d)	-30.8%	-18.9%
Risk-adjusted return (90d)	-0.06	0.58

Relative strength over 90 days: HYPE outperformed JURIS by 13.9% — measured on the JURIS/HYPE ratio, so it holds regardless of market direction.

Juris Protocol →Hyperliquid →