MonbaseCoin vs Hyperliquid

Hyperliquid (HYPE) is 4888.5× the size of MonbaseCoin (MBC) by market capitalisation. Over the past 30 days, HYPE is ahead by 1.2 percentage points (MBC -7.2% against HYPE -6.0%). Their daily returns move barely together (correlation 0.24 across 23 shared trading days). HYPE has been the more volatile of the two, at 82% annualised against MBC's 58%.

Correlation: 0.24
Size ratio: 1 : 4888.5
Ahead over 30 days: HYPE

MonbaseCoinMBC

$0.022425

24h: +0.92%
Market cap: $4.25M
Volume 24h: $40,962
Volatility (ann.): 58%

HyperliquidHYPE

$86.9900

24h: +3.13%
Market cap: $20.79B
Volume 24h: $1.38B
Volatility (ann.): 82%

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

Performance

MBCHYPE

7 days+9.62%+4.65%MBC
30 days-7.20%-6.04%HYPE

Correlation

0.24over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	MBC	HYPE
Max drawdown (400d)	-19.1%	-18.9%
Risk-adjusted return (90d)	-0.12	0.58

Relative strength over 90 days: HYPE outperformed MBC by 10.9% — measured on the MBC/HYPE ratio, so it holds regardless of market direction.

MonbaseCoin →Hyperliquid →