Layer One X vs Hyperliquid
Layer One X (L1X) and Hyperliquid (HYPE) compared side by side.
Layer One X (L1X) and Hyperliquid (HYPE) compared side by side.
L1XHYPE
| Metric | L1X | HYPE |
|---|---|---|
| Max drawdown (400d) | -45.8% | -18.9% |
| Risk-adjusted return (90d) | — | 0.58 |
Relative strength over 90 days: HYPE outperformed L1X by 1.8% — measured on the L1X/HYPE ratio, so it holds regardless of market direction.