LocalCoinSwap vs Hyperliquid

Hyperliquid (HYPE) is 934.0× the size of LocalCoinSwap (LCS) by market capitalisation. Over the past 30 days, LCS is ahead by 32.4 percentage points (LCS +26.4% against HYPE -6.0%). Their daily returns move loosely together (correlation 0.36 across 27 shared trading days). Both have run at a similar volatility, around 82% annualised.

Correlation: 0.36
Size ratio: 1 : 934.0
Ahead over 30 days: LCS

LocalCoinSwapLCS

$0.508278

24h: —
Market cap: $21.60M
Volume 24h: $8,266
Volatility (ann.): 82%

HyperliquidHYPE

$84.5400

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

LCS 0.1%Share of the two combined market caps99.9% HYPE

Performance

LCSHYPE

7 days+8.25%+4.65%LCS
30 days+26.39%-6.04%LCS

Correlation

0.36over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 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	LCS	HYPE
Max drawdown (400d)	-14.0%	-18.9%
Risk-adjusted return (90d)	0.15	0.58

Relative strength over 90 days: LCS outperformed HYPE by 8.9% — measured on the LCS/HYPE ratio, so it holds regardless of market direction.

LocalCoinSwap →Hyperliquid →