Kaizen.Finance vs Hyperliquid

Kaizen.Finance (KZEN) and Hyperliquid (HYPE) compared side by side. Their daily returns move barely in opposite directions (correlation -0.14 across 38 shared trading days). HYPE has been the more volatile of the two, at 82% annualised against KZEN's 51%.

Correlation: -0.14

Kaizen.FinanceKZEN

$0.000202

24h: +0.01%
Market cap: —
Volume 24h: $10,754
Volatility (ann.): 51%

HyperliquidHYPE

$84.5400

24h: -1.17%
Market cap: $20.18B
Volume 24h: $1.42B
Volatility (ann.): 82%

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

Performance

KZENHYPE

7 days-10.02%+4.65%HYPE
30 days-11.24%-6.04%HYPE
90 days+4.34%——
1 year-53.87%——

Correlation

-0.14over 38 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	KZEN	HYPE
Max drawdown (400d)	-57.5%	-18.9%
Risk-adjusted return (90d)	0.14	0.58

Relative strength over 90 days: HYPE outperformed KZEN by 43.3% — measured on the KZEN/HYPE ratio, so it holds regardless of market direction.

Kaizen.Finance →Hyperliquid →