Medibloc vs Hippo Protocol

Medibloc (MED) is 1.6× the size of Hippo Protocol (HP) by market capitalisation. Over the past 1 year, MED is ahead by 8.2 percentage points (MED -62.2% against HP -70.5%). Their daily returns move loosely together (correlation 0.52 across 363 shared trading days). MED has been the more volatile of the two, at 72% annualised against HP's 62%.

Correlation: 0.52
Size ratio: 1.6×
Ahead over 1 year: MED

MediblocMED

$0.001400

24h: -0.13%
Market cap: $16.61M
Volume 24h: $88,617
Volatility (ann.): 72%

Hippo ProtocolHP

$0.006888

24h: -1.81%
Market cap: $10.25M
Volume 24h: $107,890
Volatility (ann.): 62%

MED 61.8%Share of the two combined market caps38.2% HP

Performance

MEDHP

7 days+0.11%+28.12%HP
30 days+26.58%+63.76%HP
90 days+26.14%+19.06%MED
1 year-62.22%-70.47%MED

Correlation

0.52over 363 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4390d: 0.431y: 0.52

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	MED	HP
Max drawdown (400d)	-75.6%	-85.0%
Risk-adjusted return (90d)	0.33	0.25

Relative strength over 90 days: MED outperformed HP by 4.7% — measured on the MED/HP ratio, so it holds regardless of market direction.

Medibloc →Hippo Protocol →