Mango vs Hyperliquid

Hyperliquid (HYPE) is 592.1× the size of Mango (MNGO) by market capitalisation. Over the past 30 days, MNGO is ahead by 0.4 percentage points (MNGO -5.7% against HYPE -6.0%). Their daily returns move barely together (correlation 0.30 across 46 shared trading days). MNGO has been the more volatile of the two, at 101% annualised against HYPE's 82%.

Correlation: 0.30
Size ratio: 1 : 592.1
Ahead over 30 days: MNGO

MangoMNGO

$0.030355

24h: +0.93%
Market cap: $33.92M
Volume 24h: $449
Volatility (ann.): 101%

HyperliquidHYPE

$83.9600

24h: -1.43%
Market cap: $20.08B
Volume 24h: $1.44B
Volatility (ann.): 82%

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

Performance

MNGOHYPE

7 days-11.27%+4.65%HYPE
30 days-5.68%-6.04%MNGO

Correlation

0.30over 46 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	MNGO	HYPE
Max drawdown (400d)	-23.0%	-18.9%
Risk-adjusted return (90d)	0.00	0.58

Relative strength over 90 days: HYPE outperformed MNGO by 7.3% — measured on the MNGO/HYPE ratio, so it holds regardless of market direction.

Mango →Hyperliquid →