LCX vs Hyperliquid

Hyperliquid (HYPE) is 484.7× the size of LCX (LCX) by market capitalisation. Over the past 30 days, LCX is ahead by 83.6 percentage points (LCX +77.6% against HYPE -6.0%). Their daily returns move barely together (correlation 0.08 across 33 shared trading days). LCX has been the more volatile of the two, at 166% annualised against HYPE's 82%.

Correlation: 0.08
Size ratio: 1 : 484.7
Ahead over 30 days: LCX

LCXLCX

$0.043555

24h: +0.99%
Market cap: $41.63M
Volume 24h: $387,909
Volatility (ann.): 166%

HyperliquidHYPE

$84.5400

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

LCX 0.2%Share of the two combined market caps99.8% HYPE

Performance

LCXHYPE

7 days-6.51%+4.65%HYPE
30 days+77.58%-6.04%LCX

Correlation

0.08over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0890d: 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	LCX	HYPE
Max drawdown (400d)	-25.7%	-18.9%
Risk-adjusted return (90d)	0.45	0.58

Relative strength over 90 days: LCX outperformed HYPE by 69.7% — measured on the LCX/HYPE ratio, so it holds regardless of market direction.

LCX →Hyperliquid →