MOE vs Hyperliquid

Hyperliquid (HYPE) is 13764.6× the size of MOE (MOE) by market capitalisation. Over the past 30 days, HYPE is ahead by 29.6 percentage points (MOE -35.7% against HYPE -6.0%). Their daily returns move closely together (correlation 0.64 across 32 shared trading days). MOE has been the more volatile of the two, at 114% annualised against HYPE's 82%.

Correlation: 0.64
Size ratio: 1 : 13764.6
Ahead over 30 days: HYPE

MOEMOE

$0.007723

24h: -1.11%
Market cap: $1.46M
Volume 24h: $10
Volatility (ann.): 114%

HyperliquidHYPE

$83.9400

24h: -1.98%
Market cap: $20.06B
Volume 24h: $1.46B
Volatility (ann.): 82%

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

Performance

MOEHYPE

7 days-10.78%+4.65%HYPE
30 days-35.69%-6.04%HYPE

Correlation

0.64over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6490d: 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	MOE	HYPE
Max drawdown (400d)	-51.8%	-18.9%
Risk-adjusted return (90d)	-0.45	0.58

Relative strength over 90 days: HYPE outperformed MOE by 53.2% — measured on the MOE/HYPE ratio, so it holds regardless of market direction.

MOE →Hyperliquid →