Looping Collective vs Hyperliquid

Hyperliquid (HYPE) is 43233.8× the size of Looping Collective (LOOP) by market capitalisation. Over the past 30 days, HYPE is ahead by 30.3 percentage points (LOOP -36.4% against HYPE -6.0%). Their daily returns move closely together (correlation 0.65 across 28 shared trading days). LOOP has been the more volatile of the two, at 137% annualised against HYPE's 82%.

Correlation: 0.65
Size ratio: 1 : 43233.8
Ahead over 30 days: HYPE

Looping CollectiveLOOP

$0.001778

24h: —
Market cap: $469,843
Volume 24h: $19
Volatility (ann.): 137%

HyperliquidHYPE

$84.4100

24h: +0.57%
Market cap: $20.31B
Volume 24h: $1.36B
Volatility (ann.): 82%

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

Performance

LOOPHYPE

7 days+4.78%+4.65%LOOP
30 days-36.36%-6.04%HYPE

Correlation

0.65over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6590d: 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	LOOP	HYPE
Max drawdown (400d)	-44.0%	-18.9%
Risk-adjusted return (90d)	-0.26	0.58

Relative strength over 90 days: HYPE outperformed LOOP by 37.4% — measured on the LOOP/HYPE ratio, so it holds regardless of market direction.

Looping Collective →Hyperliquid →